Stories

  • Homm’s Firm To Add Sales Team, Market Funds

    February 23, 2007

    Florian Homm's Absolute Capital Management is hiring an internal sales team to make its first-ever push for assets, on a global level.

  • "Most of the systematic guys are quants; they've never been in the markets."

    February 23, 2007

    --Swing Capital CEO Frédéric Bettan, citing one difference between his firm's FX trading models and those of many competitors.

  • Aetos Readies Asian Real Estate Fund

    February 23, 2007

    Aetos Capital, the $9 billion juggernaut, is readying an Asian equity real estate sector fund.

  • Bill Would Allow West Virginia's First Alts. Stake

    February 23, 2007

    The West Virginia Investment Management Board may allocate at least 5% of its $7 billion to alternatives if a bill, which the state's legislature is reviewing next month, is passed.

  • Calendar Of Events

    February 23, 2007

  • Canadian Long-Only Shop Launches First Hedge Fund

    February 23, 2007

    Sceptre Investment Counsel, the C$8.5 billion long-only Canadian asset management firm, has launched Sceptre Small-Cap Opportunities, its first-ever hedge fund.

  • Citadel Buys Chinese Wire Maker Notes

    February 23, 2007

    Citadel Investment Group, the giant hedge fund firm run by Ken Griffin, has purchased $60 million in notes via a private placement with Chinese wire maker Fushi International.

  • Citi Shrugs Off Hedge Fund 'Overcrowding'

    February 23, 2007

    Hedge fund assets still represent a minority portion of overall risk exposure in financial markets, so concerns about exhausted capacity are overblown.

  • Colorado May Expand Portable Alpha

    February 23, 2007

    The $3.3 billion Fire & Police Pension Association of Colorado will discuss whether to expand its portable alpha program during the second or third quarter.

  • Detroit Firm Tracking Security Sector

    February 23, 2007

    Huron Capital Partners is hunting for business associated with the booming homeland security market.

  • Euro Investors Sour On Managed Futures Funds

    February 23, 2007

    Managed futures funds have fallen out of favour with investors, according to the latest quarterly survey from Geneva-based Tara Capital.

  • GA Plans Services Expansion For Internet Co.

    February 23, 2007

    Greenwich, Conn., private equity firm General Atlantic is researching new products to introduce to customers of its latest portfolio company.

  • Hedge Funds Rescue Foamex From Bankruptcy

    February 23, 2007

    A cadre of top hedge fund investors, owning a combined 60% of Foamex International shares, have steered the company from bankruptcy protection.

  • Hedge Funds Snap Up Precious Metals, Euros

    February 23, 2007

    Hedge funds are riding the rally in precious metals, having increased their long positions in futures contracts for gold, silver and platinum, while also adding to their longs in Euro FX futures.

  • Homm's Firm Gets Portfolio Manager

    February 23, 2007

    Absolute Capital Management, the Palma de Mallorca, Spain-based firm co-founded by well-known manager Florian Homm, has hired Kevin Bone as portfolio manager for its event-driven funds.

  • Lee, SPG Envision Tasti D-Lite Binge

    February 23, 2007

    Thomas Lee and SPG Partners are planning a massive expansion for Tasti D-Lite, the maker of frozen deserts they recently acquired.

  • Mandate Scoreboard

    February 23, 2007

    The table below shows new allocation commitments gained by alternative managers year-to-date through Feb. 21.

  • Mayo Welcomes Outside Investors To Second Fund

    February 23, 2007

    Mayo Capital Partners, the Boston firm founded by well-known manager Richard Mayo, has opened its Game Creek Fund, a long/short strategy it launched with internal capital in December 2005 to outside money.

  • Mitchell To Make First Marketing Push

    February 23, 2007

    S. W. Mitchell Capital, the $1.5 billion London-based firm led by well-known manager Stuart Mitchell, will make its first marketing push for its long/short European hedge fund.

  • Montreal Firm Launches FX Funds

    February 23, 2007

    Swing Capital, a Montreal-based currency manager, has launched a pair of systematic counter-trend programs.

  • Newcastle Gobbles Up Bell Industries Converts

    February 23, 2007

    Newcastle Capital Management, the Dallas hedge fund firm run by Mark Schwarz, has purchased $10 million in subordinated convertible notes through a private placement with Bell Industries.

  • Pantheon Adds Pair To IR Team

    February 23, 2007

    San Francisco's Pantheon Ventures added two senior staff to its client service team, hiring Marcus Alexis to head its U.S. client service and Josephine Defty as v.p. of the client service in Europe.

  • Parex Mulls Second Private Equity Fund

    February 23, 2007

    Parex Asset Management, the €1.1 billion fund management arm of Latvian banking firm Parex Group, is already considering launching a second private equity fund--before its first fund has been rolled out.

  • Performance Snapshot: Funds of Hedge Funds

    February 23, 2007

    The table below displays some of last month's top performing fund of funds managers, according to data provided by Eurekahedge.

  • San Joaquin Considers L/S Manager Search

    February 23, 2007

    The $2.1 billion San Joaquin County (Calif.) Employees Retirement System discussed whether to invest in long/short equity at its Feb. 23 financial committee meeting, according to Annette St. Urbain, investment analyst.

  • Scottish Firm To Make First Push For Assets

    February 23, 2007

    Edinburgh-based Blue Planet Investment Management will next month make its first push for assets for its only hedge fund.

  • TABX Free-For-All Settles

    February 23, 2007

    Trading in the tranched ABX index was more orderly last week, following the publication of the first week's closing prices by Markit Group.

  • Tale of The Tape

    February 23, 2007

    Alternative Investment News' Weekly Snapshot of Publicly Traded Hedge Fund Firms

  • Thames River To Launch German Certificate

    February 23, 2007

    London-based Thames River Capital will launch a certificate for German clients Feb. 28 linked to its Warrior II opportunistic fund of funds.

  • Toronto Firm Targets Euro Investors With Offshore Launch

    February 23, 2007

    Roundtable Capital Partners, a Toronto-based hedge fund firm, will launch an offshore version of its Canadian small-and mid-cap fund to target European investors.

  • UVIMCO Grows Hedge Fund Allocation

    February 23, 2007

    The $3.5 billion University of Virginia Investment Management Co. has increased its hedge fund allocation this year to 47% from 45% and has reduced its combined private equity and real assets portfolio to 18% from about 20%.


 

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