Stories

  • Fortress Board Takes Shape

    February 06, 2007

    Fortress Investment Group, which will soon become the first hedge fund firm publicly traded on a U.S. exchange, has put together its board of directors.

  • "They are people who don't have much appreciation for shareholder democracy."

    February 02, 2007

    --Renowned activist manager Phil Goldstein on Deutsche Bank. His firm, Bulldog Investors, is planning to conduct a proxy battle with a closed-end mutual fund managed by the bank.

  • 3A Eyes Latin America

    February 02, 2007

    3A, the alternatives arm of Swiss banking concern Syz & Co., is increasing its analysis of Latin American hedge funds.

  • Auda Hedge Makes Marketing Hire

    February 02, 2007

    New York alternative investment firm Auda Hedge has hired Shannon Perrin as associate v.p. of marketing--a new position.

  • Ex-Goldman Pair Wheels Out Distressed, Special Situations Play

    February 02, 2007

    Michael Choo and Carlos Agudelo, both of whom got their start at Goldman Sachs in the late 1990s, have joined forces to form Frontier Ridge Capital and launch a global distressed and special situations hedge fund of the same name.

  • Ex-SAC PM Starts Long/Short Shop

    February 02, 2007

    Glenn Tatarsky, former portfolio manager at SAC Capital Management and its affiliate Sigma Capital Management, has started a hedge fund firm of his own.

  • Family Office Seeks Hedge Fund Pro

    February 02, 2007

    Thybo Advisory, the Monaco-based family office of privately-held industrial firm Thyssen Bornemisza, is seeking to hire a managing director within its hedge fund investment group.

  • Former ANZ Capital Director Launches SME Shop

    February 02, 2007

    Jeremy Samuel, former ANZ Capital director of private equity, has formed a new firm, Anacacia Capital, to focus on small to medium enterprises (SMEs) in Australia.

  • Former Blum Partner Kicks Off 'Friendly Activist' Fund

    February 02, 2007

    Claus Moller, who was formerly a managing partner at multi-billion dollar Blum Capital, has started P2 Capital Partners.

  • Godden To Negotiate Hedge Funds' Vendor Fees

    February 02, 2007

    John Godden's firm, IGS Group, will negotiate reduced fees for hedge funds firms from their vendors.

  • Goldstein Lawyers Snag Nomination From AIN Sister Publication

    February 02, 2007

    Philip Bartz and Cameron Cohick, partners at the Washington, D.C., law firm McKenna Long & Aldridge were nominated as Lawyer of the Year in AIN sister publication Compliance Reporter's Fifth Annual Achievement In Regulatory Compliance Awards.

  • Goldstein To Attack Deutsche Bank Fund...Again

    February 02, 2007

    Bulldog Investors, the activist hedge fund firm run by Phil Goldstein, is planning to conduct a proxy battle with a closed-end mutual fund managed by Deutsche Bank.

  • Gottex Gets Morgan Stanley Converts Head

    February 02, 2007

    Gottex Fund Management, the $7 billion Swiss fund of hedge funds firm, has hired Christopher Hawkins, former head of international convertibles at Morgan Stanley.

  • GSC Seeks Capital For Blank Check Co.

    February 02, 2007

    GSC Group, the $18 billion alternative investments firm run by Alfred Eckert, is seeking to raise $175 million through an initial public offering of a new blank check company, GSC Acquisition.

  • J O Hambro Launches Offshore Version Of Asian Fund

    February 02, 2007

    London-based asset management giant J O Hambro Investment Management has launched a Cayman-domiciled version of its long/short Asia Tai Chi Fund.

  • London Credit Firm Eyes Fund Close

    February 02, 2007

    London-based Cinnamon Capital Management is preparing to close its European credit hedge fund.

  • London FX Firm Rolls Out Fund

    February 02, 2007

    London-based foreign exchange firm Currency Insight has made its strategy available as a pooled fund for the first time and is targeting U.S. institutional investors.

  • Mandate Scoreboard

    February 02, 2007

  • Mansur To Launch Global Macro

    February 02, 2007

    Chicago fund of hedge funds firm Mansur Capital Corp. will launch a global macro strategy on April 1, its first direct hedge fund.

  • Optimal Hires Marketer To Target Private Investors

    February 02, 2007

    Optimal Investment Services, the $8 billion alternatives arm of Spanish banking giant Grupo Santander, has tapped Ben Whitfield to market its funds to private investors in the U.K. and Northern Europe.

  • Owl Creek Slams Northwest Board

    February 02, 2007

    Owl Creek Asset Management, the New York hedge fund firm run by Jeff Altman, is stepping up its offensive against what it perceives as an unfair bankruptcy reorganization plan for Northwest Airlines.

  • Pantheon, Gartmore, Adams Snag Cash From U.K. Scheme

    February 02, 2007

    The Royal County of Berkshire Pension Fund committed £53 million to private equity funds of funds, with Pantheon receiving a £33 million mandate, while Gartmore Investment Management and Adams Street Partners were awarded with £10 million each.

  • Performance Snapshot: Event-Driven Hedge Funds

    February 02, 2007

  • Pirate Slashes Stake In Walter

    February 02, 2007

    Pirate Capital, the activist firm run by Tom Hudson, has significantly slashed its stake in Walter Industries, a holding company for water, coal and natural gas infrastructure operations.

  • Riverside Hunts For Platforms

    February 02, 2007

    The Riverside Company is planning on buying nine or 10 companies to use as platforms to buy other smaller targets.

  • RREEF Reshuffles Staff After Acquisition

    February 02, 2007

    Christopher Hughes has been promoted to managing director of RREEF Alternative Investments' absolute return strategies and private equity business, a new position.

  • Texas School Fund To Hunt For Emerging Managers

    February 02, 2007

    The $22.1 billion Texas Permanent School Fund will hunt for emerging managers as it begins to fill a maiden allocation to alternatives.

  • Third Ave. Piles On Pogo

    February 02, 2007

    Third Avenue Management, the value-oriented investment firm run by well-known investor Martin Whitman, has started attacking Pogo Producing Company, which was already in the crosshairs of Daniel Loeb's Third Point.

  • Wisconsin Seeks Private Equity Analyst

    February 02, 2007

    The $88 billion State of Wisconsin Investment Board is seeking to hire a private equity investment analyst after Scott Parrish was promoted to portfolio manager in December.

  • Wyser-Pratte Honored For Lifetime Achievement

    February 02, 2007

    Guy Wyser-Pratte, who has dedicated over 40 years to alternative investment strategies, is the recipient of Alternative Investment News' 2007 Lifetime Achievement Award.


 

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