Stories

  • Soros May Enter Asia

    January 14, 2010

    George Soros’ flagship company, Soros Fund Management, is reportedly planning to open an office in Hong Kong.

  • Hermes BPK Holds Transparency Powwow

    January 14, 2010

    Hermes BPK Partners, the fund of hedge funds unit of Hermes, held a meeting on Tuesday to discuss issues facing the industry, such as better money management and transparency.

  • Extended Stay To Get $400M Investment

    January 14, 2010

    Centerbridge Partners and Paulson & Company will commit $400 million to bankrupt hotel group, Extended Stay.

  • Hedgies Using Recruitment Firms To Hire

    January 14, 2010

    Hedge funds have begun hiring, but are largely doing it via recruitment firms, according hedge fund talent expert, Edwin Ostrand.

  • Nexar Hires Ex-Russell Alternatives Head

    January 14, 2010

    Nexar Capital Group has appointed Russell O’Brien as managing director and head of North American institutional sales and consultant relations. O’Brien will help the hedge fund and fund of funds manager expand its business.

  • Ex-Fortress Exec Preps Macro Firm

    January 14, 2010

    Former Fortress Investment Group Managing Director Sri Wijegoonaratna is reportedly planning to start a new global macro hedge fund firm called Galle Global Macro Partners.

  • Apollo Moves To Restructurings, Reduces Credit Exposure

    January 14, 2010

    Savvy credit bets last year pushed the performance at Leon Black's Apollo Global Management beyond the stratosphere.

  • New Consultancy Seeks Biz Dev Pro

    January 14, 2010

    Nascent hedge fund consultancy firm FletcherBennett Group is looking to make a business development hire before adding more hedge fund clients to its roster.

  • Tiresias Plans First Asia Fund

    January 13, 2010

    Cayman Islands-based Tiresias Capital is planning its first Asian fund, with an anticipated launch this quarter.

  • Dalton Strategic Preps Maiden Ucits Product

    January 13, 2010

    Dalton Strategic Partnership plans to launch its first Ucits III hedge fund product on Feb. 1, using the strategy it has employed for its Cayman-domiciled Melchior European Fund.

  • Talent Retention Among 2010 Hedge Fund Issues

    January 13, 2010

    Heidrick & Struggles International released a new report entitled Hedge Funds Industry Trends revealing that while the hedge fund sector crossed the $2 trillion mark, funds are still working on inflows.

  • December Drives 2009 HF Performance Up

    January 13, 2010

    The latest report from consultancy Hennessee Group reveals that most hedge funds continued their rebound last year, into December, with the Hennessee Hedge fund Index up 2.27% in December, and 24.85% year-to-date.

  • Ex-Merlin BioMed Exec Starts Healthcare Strat

    January 13, 2010

    Stuart Weisbrod, founder of the now-closed Merlin BioMed Group, recently formed Iguana Healthcare Partners and launched a long/short fund on Jan. 1.

  • N.Y. Vol Manager Preps Fund For Europe

    January 13, 2010

    MM Capital, a New York-based volatility arbitrage manager, is going after European money and plans to launch a Ucits-authorised fund.

  • Citi Unveils EU HF Servicing Solution

    January 12, 2010

    Citibank has unveiled a full service end-to-end integrated servicing solution for European Union domiciled hedge funds.

  • NewAlpha Announces Latest Investment

    January 12, 2010

    French alternative investment incubation specialist NewAlpha Asset Management announced its thirteenth seeding agreement, a $40 million commitment to the Armored Wolf Alpha Fund managed by Armored Wolf.

  • SEC Charges Florida Advisers With Fraud

    January 12, 2010

    The Securities and Exchange Commission (SEC) has accused two Sarasota-based investment advisers for their role in a hedge fund fraud, according to an SEC announcement.

  • Soros, Citadel Appoint Galleon Staff

    January 12, 2010

    Galleon Group employees have reportedly been recruited by Soros Fund Management and Citadel Investment Group.

  • Norwegian Powerhouse DnB NOR Enters Ucits Arena

    January 12, 2010

    DnB NOR Asset Management, Norway's largest investment management firm, has decided to make its first single-manager hedge funds comply with the Ucits directive.

  • Clearbrook Seeks U.S. Investors, Rolls Out Onshore Fund

    January 12, 2010

    Managed futures shop Clearbrook Investments, looking to significantly increase its domestic investor base, is planning to launch an onshore version of its flagship Pan Am Fund and accept more capital via managed accounts.

  • Ex-Franklin Templeton Pres. Launches Equity Fund

    January 11, 2010

    Tano Capital, the $250 million hedge fund and private equity firm founded by Charles Johnson, former co-president of Franklin Templeton Investments, has launched the Tano Global Hard Assets Fund.

  • Arrow Hires Former Atlantic Pacific Exec

    January 11, 2010

    Arrow Capital Management, a $425 million event-driven shop in New York, has tapped Ivan Wanat as director of business development, a newly created position.

  • Ex-Portland, Kempen Managers Start Hedge Fund

    January 11, 2010

    Fund managers, Raymond Lahaut and Martijn Laak, have launched hedge fund, Almega Capital Management.

  • BlueCrest Fixed Income Head Departs

    January 11, 2010

    BlueCrest Capital Management’s senior executive, Steve Ilott, has resigned from the firm, according to sources and the FSA register.

  • 3i Plans £1B Growth Capital Fund

    January 11, 2010

    Britain’s oldest private equity firm, 3i, may raise a £1 billion fund to buy minority stakes in small businesses.

  • Candover Curbs €3B Fund Investments

    January 11, 2010

    Candover will limit new investments in its €3 billion 2008 fund.

  • Hedge Funds Bounce Back In 2009

    January 11, 2010

    Hedge funds reportedly had their best year in a decade last year, according to Hedge Fund Research data.

  • Benchmark Names FoHF Admin

    January 11, 2010

    Benchmark Plus Management has awarded Prime Fund Solutions a funds of hedge funds mandate.

  • RAB Sees Asset Boost From Institutional Inflows

    January 08, 2010

    Due to inflows from institutional investors, RAB Capital saw funds under management rise 9% year-on-year during the second half of 2009 to $1.37 billion.

  • Prana Capital Mulls Asia Move

    January 08, 2010

    UK hedge fund Prana Capital is considering opening an office in Singapore, where its founder, Peregrine Cust is set to relocate.

  • Northern Pines Raises First Round Of Capital

    January 08, 2010

    Boston-based hedge fund manager Northern Pines Capital has collected $16.7 million from six investors.

  • GLG Hires BNY As Fund Custodian

    January 08, 2010

    BNY Mellon has been hired by GLG MMI, the fund of hedge fund unit at GLG Partners, as custodian and fund administrator for its fund of hedge fund business.

  • Hedgie To Add Another Mutual Fund

    January 08, 2010

    Hedge fund firm, AQR Capital Management, is prepping the launch of a new mutual fund called AQR Managed Futures Strategy Fund.

  • IGS Pursues Marketing Opportunities

    January 08, 2010

    IGS Alternative Investment Solutions, the London advisory firm led by John Godden, is looking to grow its distribution business.

  • High-Performing Swiss Shop Plots Asset Push

    January 08, 2010

    Grand Haven Capital, a Zurich boutique that returned an estimated 101.5% last year with its long-biased small- and mid-cap European strategy, is looking to hire an internal marketer or possibly a third-party marketing shop, and use its recent success as a selling point while actively marketing its funds for the first time.

  • "The United States is going down the slippery slope of Zimbabwe."

    January 08, 2010

    --Bill Kaye of Hong Kong-based The Pacific Group predicts that the U.S. deficit, low interest rates and gold's price sky rocketing will lead to inflation.

  • Alternatives Manager Search Directory

    January 08, 2010

  • Mandate Scoreboard

    January 08, 2010

  • Performance Snapshot: Global Macro Hedge Funds

    January 08, 2010


 

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?

 - 33%
 - 67%

View previous results