Stories

  • "A lot of the guys who've migrated over have been...found out to some extent."

    July 14, 2006

    John Lowry, founder of Tara Capital, on hedge fund managers who have relied on being net-long, harking back to their days in the long-only world.

  • ABN AMRO Alts Pro Moves To Private Client Biz

    July 14, 2006

    Herman Barten, head of business development at ABN AMRO Asset Management's alternative investment group, has moved over to the firm's private client business, where he has taken up a similar position.

  • Bay Area Firm Launches Healthcare Fund

    July 14, 2006

    Foster City, Calif.-based investment management firm Bailard Investments, with nearly $1.8 billion under management, launched its first healthcare fund June 30.

  • Charm City Firm Relaunches Three FoFs

    July 14, 2006

    Baltimore-based Mercantile Capital Advisors, a subsidiary of Mercantile Bankshares, has re-launched its three funds of hedge funds to accommodate institutional investors, according to Brett Lane, senior v.p of investment and wealth management.

  • Chicago Cops Eye Direct P/E Allocation

    July 14, 2006

    The $3.9 billion Chicago Policemen's Annuity & Benefit Fund is considering a maiden direct private equity investment of undetermined size and style in a bid to reduce fees, reports AIN sister publication Money Management Letter.

  • China Shorting Move Seen Opening Range Of Plays

    July 14, 2006

    China watchers are buzzing about the move to allow equity shorting, a major development that could ultimately open a number of trading strategies, reports AIN sister publication Derivatives Week.

  • Completed Searches Table

    July 14, 2006

  • Conn. Firm Abolishes L/S, CTA Managers

    July 14, 2006

    Fund of funds firm WR Capital Management, based in Stamford, Conn., has replaced the long/short and CTA managers in its flagship WR Multi-Strategy Fund with market-neutral managers, said Walter Raquet, founder.

  • CSAM Group Hires Quartet

    July 14, 2006

    Credit Suisse Asset Management's fund linked products group made four new hires late last month, according to an internal memo received by AIN.

  • Data Zone

    July 14, 2006

    This week, we revisit multi-strategy hedge funds.

  • Davies' Fulcrum Fund Stumbles In Year One

    July 14, 2006

    The $1.4 billion directional and event-driven hedge fund managed by former BBC chairman Gavyn Davies had a rough first 12 months, dropping 8.5%, according to information received from one of its fund of funds investors.

  • GLG Fund Embraces Vodafone

    July 14, 2006

    Hedge fund colossus GLG Partners' GLG European Long-Short Fund has taken a significant stake in Vodafone Group.

  • Investors Sour On Long/Short Funds

    July 14, 2006

    European investors are set to cut their exposure to long/short equity strategies focused on Europe and emerging markets, while the appeal of Japanese long/short funds is also declining, according to a quarterly survey by Geneva-based hedge fund advisory firm Tara Capital.

  • John Henry Funds Sink In June

    July 14, 2006

    Portfolios managed by John Henry suffered further pain last month, as a number of reversing trends in financial markets caused all nine funds to lose money--six by double-digit figures.

  • Key Loses Sales Chief

    July 14, 2006

    Raul Biancardi, head of global sales and marketing at $1 billion dollar fund of funds Key Asset Management, has left the firm. A Key official said Biancardi departed less than a month ago and has not yet been replaced.

  • Liongate Seeks Analysts

    July 14, 2006

    Liongate Capital Management is seeking to hire several investment analysts.

  • Management Fees Go South

    July 14, 2006

    Increased competition for assets is leading hedge funds to debut with lower management fees, or none at all.

  • Marchon Exits Amplitude

    July 14, 2006

    Stanley Marchon has parted company with Amplitude Capital, where he was head of investor relations.

  • Mass. Fund Eyes Venture Capital

    July 14, 2006

    The $563 million Plymouth County (Mass.) Retirement System is opportunistically seeking venture capital investments to fulfill its 5% private equity allocation.

  • Mulvaney Biz Dev Head Departs

    July 14, 2006

    Patti Ward, head of business development at London-based CTA firm Mulvaney Capital Management, has left the firm after only a few months.

  • New Searches Table

    July 14, 2006

  • Potential Searches Table

    July 14, 2006

  • San Bernardino Seeks Bond Managers

    July 14, 2006

    The $5.2 billion San Bernardino County (Calif.) Employees Retirement Association is seeking one or two bond managers to handle $110 million, according to AIN sister publication Money Management Letter.

  • Seattle Buyout Nabs Iconic Local Salon

    July 14, 2006

    A year after first approaching the owners of Gene Juarez Salons & Spas, Evergreen Pacific Partners announced a deal for the Seattle-area chain last week.

  • Swiss Firm Mulls Marketing CTA

    July 14, 2006

    Geneva-based commodities firm Inoks Capital, with $70 million under management, is considering making its CTA strategy available to outside investors.

  • Tech, Energy Hinder Sass Fund

    July 14, 2006

    M.D. Sass Investors' Maximus Partners fund was down 1.45% in May due mainly to losses in the technology and energy sectors, according to an investor document.

  • Texas Plan Studies Alts

    July 14, 2006

    The $650 million El Paso (Texas) Firemen & Policemen's Pension Fund just began an asset/liability study during which it will consider alternatives, seeing as it only invests in equity and fixed income.

  • Torrey Seeks To Add Institutional Stakes

    July 14, 2006

    Fund of funds firm The Torrey Funds is seeking to add large U.S. institutional investors to its client base now that its assets are approaching $1 billion, said Rick Cortez, private client group president.


 

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?

 - 17%
 - 83%

View previous results