Stories

  • Boise Fund To Hire Alts. Managers

    May 09, 2005

    The $47 million Boise State University Foundation is planning to hire active traditional and alternative managers over the next six months as it shifts at least some of its passive investments to active strategies to improve returns and lower risk.

  • Brown Rudnick Distressed Guru Joins Hedge Fund

    May 09, 2005

    Claude Baum, a partner at law firm Brown Rudnick, has joined hedge fund Ore Hill Partners as general counsel.

  • Carlson Analyst Jumps Ship

    May 09, 2005

    Christopher Floyd has left Carlson Capital, where he has worked as an energy and utilities analyst since 1999.

  • Financials Seen Acquiring Funds of Funds

    May 09, 2005

    Financial institutions and asset managers are likely to consider buying funds of hedge funds as they respond to demand for alternative investments, said Brad Southern, managing director at Freeman & Co., which is dedicated to the financial services industry.

  • Funds Feel The Pain As S&P Sends GM To Junk

    May 09, 2005

    Dealers and hedge fund managers were scrambling to unwind short auto positions as AIN sister publication Derivatives Week went to press on Friday, following Standard & Poor's downgrade of General Motors Corp. and its related entities to junk status on Thursday.

  • Funds Jump Into Var Swaps To Play Vol

    May 09, 2005

    Variance swap plays in Hong Kong and Korea are taking off as global hedge funds use the instruments to place bets on rising volatility in the region.

  • Mass. County Eyes Hedge Funds

    May 09, 2005

    The $36 million Dukes County (Mass.) Contributory Retirement System will decide whether to invest $2 million in hedge funds with the Massachusetts Public Retirement Investment Management Board or restart a search for a small-cap manager at its June 14 board meeting.

  • MKP Hires II-Ranked Analyst

    May 09, 2005

    MKP Capital Management, a fixed-income firm with $4 billion in assets, has hired Robert Kepler, an Institutional Investor-ranked director in research at Credit Suisse First Boston, as a portfolio manager in New York.

  • Och-Ziff Snags Lawyer For Compliance Post

    May 09, 2005

    Hedge fund behemoth Och-Ziff Capital Management Group has hired Jeffrey Blockinger, formerly associate at Schulte Roth & Zabel in New York, as its chief legal officer.

  • UBS Gas Trader Bounces To Hedge Fund

    May 09, 2005

    A UBS executive director and natural gas trader has defected to Alpha Energy Partners, a Columbus, Ohio-based hedge fund.

  • "We don't want to get on a wild ride."

    May 06, 2005

    Dennis Allen, a trustee of ABC-NABET Retirement Trust, on the plan's desire for alternative strategies that offer predictable returns .

  • Asset Alliance Eyes Asia, Middle East

    May 06, 2005

    Asset Alliance International, the London-based business of $4 billion New York-based firm Asset Alliance, is planning to push its funds of funds in new markets including Asia and the Middle East.

  • Big Apple Firm Rolls Out Third Fund of Funds

    May 06, 2005

    Mayer & Hoffman Capital Advisors, a New York-based fund of funds firm, recently launched its third fund.

  • Boldwater Reopens Fund

    May 06, 2005

    Boston-based Boldwater Capital Management has reopened its Boldwater Credit Opportunities Master Fund for an additional $100 million of capacity.

  • Broadcasting Union Screens Alts.

    May 06, 2005

    The ABC-NABET Retirement Trust is planning to diversify into alternatives.

  • Chicago Firm Launches Novel Insurance Fund

    May 06, 2005

    Chicago-based Lake Shore Asset Management has launched a fund that invests in structured products created by Lake Shore based on insurance policies.

  • Commodities Firm Mulls Capacity Increase

    May 06, 2005

    London- and New York-based commodities manager Global Advisors is considering upping the capacity of its flagship energy and metals fund, which has grown to $350 million.

  • Completed Searches Table

    May 06, 2005

  • Conn. Tech Firm Hires Marketer

    May 06, 2005

    Empire Capital, a Westport, Conn.-based technology-focused long/short equity hedge fund firm, recently hired Leslie DeBauge as head of marketing and investor relations.

  • CPM Rolls Out Structured Credit Fund

    May 06, 2005

    London-based CPM Advisers, which has approximately E1 billion under management, has launched a structured credit fund.

  • Credit Funds Caught Off Guard

    May 06, 2005

    Hedge funds have been hit by being long credit as spreads have widened. Events in March, notably a profit warning issued by General Motors, roiled the markets.

  • EFG Launches Combined Hedge Fund, Long-Only Portfolio

    May 06, 2005

    London-based EFG Asset Management, part of Swiss bank EFG Private Bank, has rolled out a strategy that invests in hedge funds as well as traditional equities and bonds.

  • Ex-KBC Execs Seek Hires For Start-Up

    May 06, 2005

    Erasmus Capital, the Brussels-based start-up firm founded by Karl Ottevaere and Jan De Spiegeleer, ex-managing directors at KBC Financial Products, plans to make a trio of hires in the next three to six months.

  • First Quadrant Launches Fund

    May 06, 2005

    First Quadrant launched a global macro fund on April 1 to target U.S. and international pension funds.

  • Fortune Plans Massive Asset Growth Via Tie-Ups

    May 06, 2005

    London-based Fortune Asset Management, which has $1 billion under management, is planning to grow its $300 million flagship diversified fund of hedge funds to $1 billion within the next 12-18 months.

  • Goldman Honcho Resigns

    May 06, 2005

    Sebastiano Calabro, managing director of the tactical trading group for Goldman Sachs Hedge Fund Strategies, is resigning from the firm.

  • Gotham Firm Kicks Off Fund

    May 06, 2005

    New York-based Del Mar Asset Management has launched a multi-strategy hedge fund.

  • Guidance Capital To Roll Out Suite Of Funds

    May 06, 2005

    Guidance Capital, which sub-advises the hedge funds offered by Hartford Life Insurance Co.'s institutional solutions group, is rolling out a suite of 'black terrain' fund of hedge fund strategies (black terrain refers to expert ski trails).

  • Jacobson Co-Founder Henry Green Dies

    May 06, 2005

    Henry Green, co-founder and chairman of hedge fund firm Jacobson Fund Managers, has died suddenly, becoming unwell two weeks ago and being diagnosed with an aggressive form of cancer from which he declined rapidly.

  • King Street Preps London Office

    May 06, 2005

    U.S. hedge fund giant King Street Capital Management is planning to open an office in London.

  • Lawyers Tell Hedge Funds ADV Filing Can Wait

    May 06, 2005

    Hedge fund managers planning to register with the Securities and Exchange Commission as investment advisers may want to wait until Dec. 16 to file the adviser registration Form ADV, lawyers said.

  • London Start-Up To Launch Managed Futures Fund

    May 06, 2005

    London-based start-up hedge fund firm Amplitude Capital is planning to launch its managed futures fund on June 1.

  • Michigan Fund To Begin Hedge Fund Education

    May 06, 2005

    The $432 million Ann Arbor (Mich.) Employees Retirement System will have an education session on hedge funds in July, according to its Web site.

  • New Searches Table

    May 06, 2005

  • Ospraie Snags Compliance Officer From Caxton

    May 06, 2005

    Ospraie Management, the New York hedge fund firm run by Dwight Anderson that is partially owned by Lehman Brothers, hired Kirk Rule to be its chief compliance officer.

  • Osprey Makes Auto Play

    May 06, 2005

    Osprey Group Asset Management's Osprey Opportunity Fund bought triple-A-rated asset-backed securities in the auto sector last month.

  • Potential Searches Table

    May 06, 2005

  • Restoration Makes Late-Stage Restructuring Investment

    May 06, 2005

    Restoration Capital Management's Restoration Holdings fund made a successful late stage restructuring investment in maritime transport company American Commercial Lines (ACL).

  • SAC Managers Break Away To Launch Fund

    May 06, 2005

    A trio of portfolio managers from hedge fund titan SAC Capital Advisors has started their own firm and are readying a multi-strategy fund.

  • Sagamore Restructures

    May 06, 2005

    Sagamore Hill Capital Management has made several changes to its organizational structure. The changes come as some investors have opted to head for the exit.

  • Uniastrum Preps Retail Fund For Russia

    May 06, 2005

    Uniastrum Capital, the London-based hedge fund affiliate of Uniastrum Bank in Russia, is preparing to launch a fund for the Russian retail market in about a month.

  • Updated Searches Table

    May 06, 2005


 

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