Stories

  • "Investors like that expression of confidence. They like to save on fees because they're an issue for the market."

    October 21, 2005

    Larry Jones, senior investment manager at Attica Alternative Investments, on his fund's unique fee structure, which features a 20% performance fee with no management levy.

  • Another Goldman Star Sets up Fund

    October 21, 2005

    John Bu, a high-ranking veteran of various Goldman Sachs businesses, will launch the Akana Capital Fund with $500 million on Nov. 1.

  • Aspect Plans Three Research Hires

    October 21, 2005

    London-based Aspect Capital is seeking to make three additional research hires before the end of the year.

  • Attica Makes Push To Grow FoF

    October 21, 2005

    Attica Alternative Investments, the London-based fund of funds firm, is making a marketing push for a multi-strategy fund of funds.

  • Azimuth Seeks Joint Ventures

    October 21, 2005

    New York-based fund of hedge funds firm Azimuth Trust Company is seeking joint venture partners.

  • Blackstone Snags Arden Sales Big

    October 21, 2005

    The Blackstone Group has hired Edwin Conway as a managing director at its fund of funds group Blackstone Alternative Asset Management.

  • Chicago Union Makes FoF Investments

    October 21, 2005

    Mariner Investment Group, Arden Asset Management, EnTrust Capital and K2 Advisors each received $20 million from the Laborers Pension Fund of Chicago last week.

  • Completed Searches Table

    October 21, 2005

  • DKR Liquidating Structured Credit Fund

    October 21, 2005

    $4.2 billion DKR Capital is liquidating its $100 million DKR Varick Fund.

  • Eden Rock Shuffles Manager Roster

    October 21, 2005

    London-based fund of funds firm Eden Rock Capital Management, with $730 million under management, last month redeemed its investments from several underlying managers in its multi-strategy Eden Rock Fund. Edward Horner, managing director, said the redeemed capital was largely reallocated to increase existing positions, but declined to comment on specific managers.

  • Enron Vet Preps Commodities Push At Norwegian I-Bank

    October 21, 2005

    Oslo-based investment banking house Pareto is making a push into commodities funds, an effort spearheaded by Thor Lien, formerly head of Enron's Nordic unit.

  • Fixed-Income Honcho's Fund May Not Happen

    October 21, 2005

    John Steinhardt, the former head of credit markets at JPMorgan's fixed-income group that departed to form Spectrum Investment Group last October, has apparently put his new firm's maiden fund launch on ice.

  • FRM Preps More Aggressive FoF For Q1

    October 21, 2005

    Financial Risk Management, the London-based fund of funds mammoth with $12.4 billion under management, will launch a more aggressive alternative to its multi-strategy FRM Diversified fund of hedge funds in the first quarter of 2006.

  • Golden State Shop Adds Analyst

    October 21, 2005

    Barrington Wilshire, a hedge fund firm in Santa Monica, Calif., has hired Kevin McNamara as biotechnology analyst.

  • HFR Readies Fund Of Early-Stage Managers

    October 21, 2005

    HFR Asset Management, the fund of hedge funds giant with over $4 billion under management, will launch a fund of emerging managers on Dec. 1.

  • Highbridge, KBC Bite Registration Bullet

    October 21, 2005

    New York's Highbridge Capital Management and London's KBC Alternative Investment Management are the latest large hedge fund firms to register with the Securities and Exchange Commission ahead of next February's deadline.

  • Idaho Energy Fund Rides Utility Stocks To Q3 Gain

    October 21, 2005

    McOmber Energy Fund, the energy hedge fund run by Boise, Idaho's Sawtooth Investment Management, posted solid third quarter gains on the strength of its long positions in a basket of utility stocks.

  • Institutions Continue Exodus From Converts

    October 21, 2005

    As convertible arbitrage strategies continue to perform poorly, institutions are eliminating or reducing their exposure to the strategy.

  • Liongate Taps FRM Client Servicing Head

    October 21, 2005

    Liongate Capital Management, the $170 million London-based fund of funds firm that topped performance databases last year, has hired Melanie Herbert as head of investor relations.

  • N.Y. Energy Shop Hires Goldman Analyst

    October 21, 2005

    Alerian Capital Management, an energy Master Limited Partnership-focused hedge fund firm, has hired Kenny Feng, an analyst at Goldman Sachs' energy and power equity research group.

  • New Searches Table

    October 21, 2005

  • Pa. Convert Arb Manager Branches Out

    October 21, 2005

    Bala Cynwyd, Pa.-based RG Capital Management, which manages roughly $500 million in convertible arbitrage and related strategies, is expanding its range.

  • Pirate Preps Activist Fund

    October 21, 2005

    Pirate Capital, the Norwalk, Conn.-based event-driven firm run by former Goldman Sachs distressed debt maven Thomas Hudson, is planning to roll out an activist fund in January.

  • Potential Searches Table

    October 21, 2005

  • San Diego Ponders Adding To Hedge Fund Roster

    October 21, 2005

    The San Diego County Employees Retirement Association will likely hire more hedge funds managers if a plan to incorporate portable alpha strategies goes through.

  • San Fran Firm Launches Metals Fund

    October 21, 2005

    San Francisco-based Marathon Resources Investments has rolled out a long/short equity fund that focuses on precious metals.

  • SEC-Registered Firms Advised To Review Prime Broker Relationships

    October 21, 2005

    Hedge fund managers should review relationships with their prime brokers because it is one of the things that comes up in Securities and Exchange Commission inspections, advised Thomas Biolsi, a managing director at PricewaterhouseCoopers in New York.

  • Stenham Readies Global Macro FoF

    October 21, 2005

    Stenham Advisors, the $1.8 billion fund of funds firm, will launch its third global macro fund of funds on Dec. 1.

  • Threadneedle Ponders Ops Shake-Up

    October 21, 2005

    London-based asset management giant Threadneedle Investments, which manages $1.8 billion in hedge funds, is looking into possible changes that could be made to the infrastructure of its hedge fund business.

  • Titanium Seeks Traders For Acquired Macro Fund

    October 21, 2005

    Titanium Capital, the $500 million London-based hedge fund firm, is in the process of hiring two or three traders to complete the team for its newly-acquired global macro fund.

  • Updated Searches Table

    October 21, 2005

  • Winton Capital Suffers Performance Dip

    October 21, 2005

    London-based CTA Winton Capital Management dropped an estimated 6.5% last month.


 

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?

 - 20%
 - 80%

View previous results