Stories

  • Bucks Council Seeks Private Equity

    April 25, 2005

    The Buckinghamshire County Council Superannuation Fund, with GBP820 million in total assets, will invest for the first time in private equity and absolute return strategies.

  • Canada Could Abolish Int'l Investment Cap

    April 25, 2005

    The Canadian government is proposing to abolish its 30% exposure cap on non-Canadian investments--a move that could be a boon for alternatives managers abroad.

  • Canadian Fund Planning Hedge Fund Foray

    April 25, 2005

    The C$4.3 billion Colleges of Applied Arts & Technology pension fund is planning to invest C$50-100 million in funds of hedge-funds as the first step into making extensive allocations to alternative investments this year.

  • Conn. Hedge Fund Association Taking Shape

    April 25, 2005

    The new-formed Connecticut Hedge Fund Association, a non-profit trade association for hedge fund managers, has filled up most of its board positions.

  • Illinois Set To Issue Hedge Fund-of-Funds RFP

    April 25, 2005

    The $10.6 billion Illinois State Board of Investment expects to approve a $550 million hedge fund of funds search at its May 3 board meeting and will make a decision on new private equity investments in May or June.

  • IXIS Hires JPMorgan Hedge Fund Pro

    April 25, 2005

    IXIS Capital Markets has hired Michael Trenk, v.p. in JPMorgan's structured alternative investments group in New York, as a director and senior trader in structured alternative investment risk.

  • Miami Plan May Add Private Equity

    April 25, 2005

    The $1.275 billion City of Miami Fire Fighters' and Police Officers' Retirement Trust is discussing a maiden allocation to private equity for diversification and to boost returns.

  • NYC Private Equity Head Leaves

    April 25, 2005

    Josh Wolf-Powers, managing director of private markets, left the New York City Retirement System three weeks ago.

  • Southern Bank Mulls Latin American Private Equity Fund

    April 25, 2005

    Little Rock, Ark., investment bank Stephens Inc. will evaluate launching a private equity fund in the range of $100 million targeting Hispanic-owned businesses in the U.S. or companies dealing with Latin America after a year or so.

  • Tire Manufacturer Contemplates Hedge Funds

    April 25, 2005

    Goodyear Canada will consider adding a maiden hedge fund stake once it resolves an underperforming bond stake.

  • "That's like vigilante justice. The guy in the next house to me looks like a child molester, so let's go string him up."

    April 22, 2005

    Hedge fund manager Phillip Goldstein on what he perceives to be rogue actions undertaken by the Securities and Exchange Commission.

  • Aladdin Rounds Out Structured Credit Team

    April 22, 2005

    Aladdin Capital Management, the $4 billion Stamford, Conn.-based hedge fund and collateralized debt obligation manager, recently hired Isaac Efrat as a senior managing director of its structured credit group.

  • Attica Makes Biz Development Hire

    April 22, 2005

    Attica Alternative Investments has hired Simon von Oppenheim as director of business development.

  • Boston Firm Launches Fund

    April 22, 2005

    Monitor Merchant Banking Group recently launched its first investment offering, a hedge fund, and hired its first official dedicated to investor relations and fundraising.

  • Cambridge Hedge Fund Chief Starts Firm

    April 22, 2005

    Brendan McCarthy has resigned as director of hedge fund research at Cambridge Associates to launch Nyes Ledge Capital, a Boston-based hedge fund of funds firm.

  • Clover Makes Retail Play

    April 22, 2005

    Clover Partners was successful with a retail-sector pair trade in Shamrock Market Neutral Fund.

  • Completed Searches Table

    April 22, 2005

  • CSFB Credit Trader May Start Fund

    April 22, 2005

    Ethan Garber, director in the synthetic collateralized debt group at Credit Suisse First Boston, has left the firm and is the latest professional to contemplate starting his own hedge fund.

  • Dubin & Swieca Snags Cadogan Marketer

    April 22, 2005

    Dubin & Swieca Capital Management has hired Brooks Reynolds, a marketer from fund of funds firm Cadogan Management.

  • Eden Rock Shuffles Roster, Seeks Sector-Specific Managers

    April 22, 2005

    London-based fund of hedge funds firm Eden Rock Capital Management has made several redemptions from underlying managers in its multi-strategy Eden Rock Fund to improve performance.

  • Enterprise Makes Neiman Marcus, Greif Plays

    April 22, 2005

    Enterprise Fund Managers' Enterprise Mergers and Acquisitions Fund is up 0.62% through the first quarter and made profitable plays on Neiman Marcus Group and Greif Inc., an industrial packaging and timber land manager.

  • Ex-Citadel Exec Joins Consulting Firm

    April 22, 2005

    Robert Morette, a former senior managing director with Citadel Investment Group, recently joined consulting firm Bain & Company as a partner.

  • Family Office Arm Kicks Off Fund

    April 22, 2005

    Zeron Capital, the investment arm of family office Pacific Capital, is opening its single-manager hedge fund to outside investors.

  • Ferrell To Market Fund of Funds

    April 22, 2005

    Greenwich, Conn.-based Ferrell Capital Management is planning to market its $165 million fund of funds for the first time.

  • Firms Face Fee Pressure From Big Institutions

    April 22, 2005

    Institutional investors are turning up the pressure on hedge funds and funds of funds to reduce fees if they want to win huge mandates.

  • FM Preps New European Fund

    April 22, 2005

    FM Fund Management, the Majorca- and Zurich-based firm led by well-known manager Florian Homm, is planning to launch its fourth hedge fund in the summer.

  • FRM Adds Asian Managers

    April 22, 2005

    London-based fund of funds behemoth Financial Risk Management has added a couple of Asian hedge funds to its umbrella structure, the Global Equity Fund.

  • Gartmore Japan Fund Dips Slightly In March

    April 22, 2005

    Gartmore Investment Management's Japan long/short AlphaGen Hokuto Fund recorded a small loss last month, giving back February's gains.

  • GSC Makes ABS, Structured Credit Push

    April 22, 2005

    GSC Partners is making a push into asset-backed securities, structured credit and mortgage-related securities.

  • John Levin Makes Merger Arb Plays

    April 22, 2005

    New York-based money manager John A. Levin & Co.'s event-driven fund was up 64 basis points in March due in part to some merger arbitrage plays.

  • Mitchell Plans Hedge Funds At New Haunt

    April 22, 2005

    Stuart Mitchell, the high-profile partner and head of specialist European equities at J O Hambro Investment Management in London who is leaving to set up his own firm, is planning to launch a pair of hedge funds.

  • New Searches Table

    April 22, 2005

  • New Star Mulls More Hedge Funds

    April 22, 2005

    London-based New Star Asset Management, with over $1 billion in hedge fund assets, is considering developing new funds.

  • OneCapital Lands Auda Official

    April 22, 2005

    OneCapital Management Partners, a New York-based hedge fund and fund of funds manager, recently hired Patrick LeBedis as an analyst.

  • Park Place Loses Long & Short

    April 22, 2005

    London-based Park Place Capital's flagship Park Place Europe fund was down 1.74% for March, with both the long book and the short book losing money.

  • Potential Searches Table

    April 22, 2005

  • Richmond Rolls Out G10 Currency Trading Account

    April 22, 2005

    Richmond Group Fund Co. is launching an FX managed account focused on trading G10 currencies within a 12- to 36-hour timeframe for one of its investors.

  • Suit Slams SEC's Legal Reasoning In Hedge Fund Rule

    April 22, 2005

    A recently filed brief in a suit against the Securities and Exchange Commission is contending that the agency violated the law by altering a legally accepted definition of "client" in order to require hedge fund advisers to register under the Investment Advisers Act.

  • Updated Searches Table

    April 22, 2005


 

Planning for a high-income year due to 457A income? Download this short paper to find out more about the opportunity to reduce tax liability and have significant charitable impact..

Click here for more details.


Latest Poll

Will a Trump presidency be good for hedge funds?

 - 33%
 - 67%

View previous results