Stories

  • BNP And Duemme Join To Launch Hedge Fund

    July 09, 2004

    BNP Paribas Fauchier Partners and Duemme Hedge Sgr, a division of Italian private bank Banca Esperia, have signed an agreement to launch a hedge fund, according to ANSA.

  • Clinton Group Assets Sink In Second Quarter

    July 09, 2004

    Clients of New York-based Clinton Group pulled out $400 million in the second quarter, according to Bloomberg News.

  • SEC's Donaldson Faces Uphill Battle

    July 09, 2004

    There is no certainty that Securities and Exchange Commission Chairman William Donaldson will be able to pass the rule to require the registration of hedge funds, observers said last week.

  • Sevin Rosen Funds Closes $300M Vehicle

    July 09, 2004

    Venture capital firm Sevin Rosen Funds (SRF), has reached its $300 million goal and has closed its Sevin Rosen Fund IX.

  • Hartford Investment Management Taps New VP

    July 08, 2004

    Hartford Investment Management Co. has named William Holm as a v.p. on the investment management firm’s mezzanine and equity finance team.

  • Interest Rate Hike Helps Steady S&P Hedge Index

    July 08, 2004

    Analysts say the announcement of a federal interest hike last month helped the Standard & Poor's Index hold steady in June, according to Reuters.

  • Mitsubishi, Daido Launch Fund of Funds

    July 08, 2004

    Mitsubishi Corp. and Daido Life Insurance Co. will launch a private equity fund of funds, AltAssets reports.

  • Primores Kicks Off Fund

    July 08, 2004

    Primores AG has launched a new hedge fund of funds, according to eHedge.

  • Systeia Reports Steep Asset Growth

    July 08, 2004

    Systeia Capital Management's assets under management has jumped by more than 50% to $1.78 billion, according to HedgeCo.Net.

  • AGF Private Equity Taps Family Office Official

    July 07, 2004

    Martin Mabille will join AGF Private Equity’s fund of funds team, AltAssets reports.

  • ARC Closes Fourth Venture Capital Fund

    July 07, 2004

    ARC Financial Corp. closed its energy-oriented venture capital fund with C$403 million, according to AltAssets.

  • Baring Vostok Adds Two Partners

    July 07, 2004

    Baring Vostok Capital Partners has named Sergey Abramov and Philippe Der Megreditchian as partners. Abramov joins from the Administration of the President of the Russian Federation

  • BNP Paribas, Duemme Partners Launch Fund of Funds

    July 07, 2004

    BNP Paribas Fauchier Partners and Duemme Hedge SGR have joined forces to launch a new multi-strategy fund of hedge funds, BNP Selezione Hedge.

  • CalPERS Appoints Alternatives Official

    July 07, 2004

    The California Public Employees’ Retirement System (CalPERS) has named Leon Shahinian as senior investment officer for its Alternative Investment Management program.

  • Cimino Private Equity Fund Exceeds Target

    July 07, 2004

    Cimino Private Equity Fund Exceeds Target Cimino & Associates Private Equity exceeded its minimum target for its Cape Natexis Private Equity Fund by nearly 10%, closing at EUR120 million, according to AltAssets.

  • Man Brings Assets Under Management To $39.5 Billion

    July 07, 2004

    Man Group has raised around $6 billion this year, bringing its total of assets under management to $39.5 billion.

  • Mindich Taps Goldman, Morgan Stanley For Prime Brokerage

    July 07, 2004

    The former Goldman Sachs banker who is launching Eton Park Capital Management, a $3 billion hedge fund, is turning to his old company to serve as a prime broker.

  • Softbank Investment To Launch Funds Tied To HFR Index

    July 07, 2004

    Tokyo-based Softbank Investment Corp. plans to launch two new hedge funds linked to Hedge Fund Research’s index tracker, Bloomberg News reports.

  • Commerzbank Head to Launch Incubator Fund In Sept.

    July 06, 2004

    Mehmet Dalman, chief of investment banking at Commerzbank, intends to launch an incubator fund in September, according to Financial News.

  • Fund of Funds Seeks Managers

    July 06, 2004

    Kobren Insight Group is looking to add one or two underlying managers to its $75 million Alumni Partners fund of funds.

  • German Insurers Get OK To Invest In Hedge Funds

    July 06, 2004

    Germany's financial regulator, BaFin, has granted German insurers permission to invest a maximum of 5% of their assets into hedge funds, Financial Times reports.

  • Hedge Funds, Banks Gamble On Oneida Restructuring

    July 06, 2004

    Oneida's bank debt has climbed from the 80s to trade in the 92-93 context last week and some investors and bankers believe the paper could move above par as the bank debt is set to be partly equitized and the rest refinanced with new bank debt paying a scorching rate.

  • Liberty Ermitage Nabs BGI Offshore Marketer

    July 06, 2004

    Liberty Ermitage, the Jersey-based asset manager with $1.7 billion in hedge fund assets, has hired Philip Sewell from Barclays Global Investors, as its offshore business development director.

  • Mindich To Make Comeback

    July 06, 2004

    In what is being called one of the biggest launches of the year, Eric Mindich will start a multi-strategy hedge fund with an U.S. focus in October, according to Financial Times.

  • MLIM To Conduct Poll On Alternatives

    July 06, 2004

    Merrill Lynch Investment Managers is planning to poll investors on their understanding of alternative investments.

  • MSCI To Raise Funds In Index By 10%

    July 06, 2004

    A year after launching its Hedge Invest Index, Morgan Stanley Capital International Inc. (MSCI) has announced that it will increase the number of constituent funds by 10%, bringing the total to 97.

  • Picus Launches Leveraged Finance Fund

    July 06, 2004

    Picus Capital Management has launched a $24 million European leveraged finance fund.

  • RBC Capital Nabs Team To Start Vol Arb Desk

    July 06, 2004

    RBC Capital Markets will begin trading volatility arbitrage as part of its proprietary trading operations and has raided Mako Global Derivatives to kick start the activity.

  • Repo Recall Squeezes Hedge Funds

    July 06, 2004

    European hedge fund managers were left hopping mad last week after Boussard & Gavaudan Asset Management recalled a convertible bond it had loaned them via the repo market and which they had subsequently shorted.

  • San Francisco Equity Shop Gears Up For Launch

    July 06, 2004

    Triatto Capital Management, a San Francisco-based long/short equity start up, is planning to launch two funds.

  • Shamrock Plans New Funds

    July 06, 2004

    Shamrock Holdings, the Burbank, Calif.-based family office for the Disney family, is readying new private equity and real estate funds to be launched later this year and early next year.

  • Top Dexia Manager Leaves To Set Up Hedge Fund Biz

    July 06, 2004

    Jean-Sebastien Debusschere, a senior fund manager of Dexia Asset Management, left the firm yesterday to start up an independent hedge fund business.

  • Tulare Considering Alternatives

    July 06, 2004

    The $760 million Tulare County (Calif.) Employees Retirement System is considering carving out 10% allocations to private equity and hedge funds of funds, a move that would mark the plan's maiden plunge into either asset class.

  • University Scheme Studies Int'l Private Equity

    July 06, 2004

    The AUD11.3 billion hybrid UniSuper in Melbourne is considering making a first foray into international private equity early next year, to seek higher absolute returns and to diversify its portfolio.

  • "I hate the term alternative; hedge funds will become a mainstream investment."

    July 04, 2004

    --Dixon Boardman, managing general partner of Optima Fund Management, on the growth of the European hedge fund market.

  • Adelphia Slayer To Launch Hedge Fun

    July 04, 2004

    Oren Cohen, famous for peppering Adelphia Communications honcho Tim Rigas with hard questions during a conference call, is launching a hedge fund.

  • Alcatel To Consider Hedge Funds For U.K. Pension

    July 04, 2004

    French telecommunications giant Alcatel will consider a first foray into hedge funds and private equity for its £186 million U.K. pension by year end.

  • Bakery Workers Reportedly Considering Hedge Funds

    July 04, 2004

    The $4 billion Bakery & Confectionary Union pension plan in Baltimore is reportedly considering making its fist investment in hedge funds.

  • CDC IXIS Sub Staffs Up In New York

    July 04, 2004

    Caspian Capital Management, a New York-based hedge fund subsidiary of CDC IXIS, has beefed up its investment team by hiring a senior mortgage-backed securities trader from Lehman Brothers and a new head of analytical trading strategies from Morgan Stanley, in two newly created slots.

  • Completed Searches Table

    July 04, 2004

  • Former CSAM Big Shot To Join Optima

    July 04, 2004

    Tom Gimbel, a managing director and former co-head of Credit Suisse Asset Management's $7.6 billion hedge fund of funds group, is heading out the door to join independent rival Optima Fund Management.

  • New Searches Table

    July 04, 2004

  • Potential Searches Table

    July 04, 2004

  • SAC Seeks Senior Hires

    July 04, 2004

    SAC Capital Advisors, the hedge fund colossus run by Steve Cohen, is looking for a chief financial officer/chief operating officer and a head of risk management.

  • Sandell To Hire To Bolster Credit, Arbitrage

    July 04, 2004

    Sandell Asset Management has boosted its merger arbitrage team and is preparing to hire even more personnel later this year across several departments.

  • Updated Searches Table

    July 04, 2004


 

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