Stories

• Special Supplement: 2001 Hedge Fund/Private Equity League Table

  February 28, 2002

• Belgian Firm Eyes Tech Hedge Fund

  February 22, 2002

• Hedge Funds Move Into European High Yield And Distressed Marts

  February 22, 2002

• New England School Mulls Private Equity Increase

  February 22, 2002

• Pepperdine Eyes Investment Spin-Off

  February 22, 2002

• Virginia On The Prowl For Hedge Funds

  February 22, 2002

• Afsaneh Mashayekhi Beschloss, chief executive and chief investment officer of Carlyle Asset Management Group, brought together a five-member team to start work on a hedge fund of funds.

  February 21, 2002

• An offshore investment fund is suing J.P. Morgan Chase over an Argentine debt dispute, the second such lawsuit the financial services firm has faced in a month.

  February 21, 2002

• UBS Asset Management is renaming its array of subsidiary companies under a single brand.

  February 21, 2002

• Ascendant Capital Partners, a division of Turner Investment Partners, is preparing to launch two closed-end funds of hedge funds aimed at the moderately wealthy.

  February 20, 2002

• Billionaire investor George Soros has cut his stake in biotechnology company Praecis Pharmaceuticals Inc. and bought into financial services company MCG Capital Corp. according to U.S. Securities and Exchange Commission filings.

  February 20, 2002

• Gartmore Group, the U.K. fund management firm, is gearing up to launch its sixth hedge fund, a global long-short equity vehicle that will focus on the technology sector.

  February 20, 2002

• Ivy Hires In Structured Products

  February 20, 2002

• Schroder Investment Management has lost star income manager Ian McVeigh, who resigned and is leaving in March.

  February 20, 2002

• The leadership of the Chicago Mercantile Exchange and the New York Mercantile Exchange, at a conference in New York on Feb. 14, announced that they had reached an agreement on creating, marketing and clearing "e-mini" versions of key Nymex energy futures

  February 20, 2002

• The Managed Funds Association requested that the Treasury clarify the terms "foreign bank" and "foreign shell bank" as used in the USA PATRIOT Act of 2001 and in proposed regulations enforcing that Act’s anti-money laundering provisions.

  February 20, 2002

• West Virginia Searching For VC Funds; Law Pending

  February 20, 2002

• Citi Fills Top Spot In Alts Group

  February 15, 2002

• GAM Launches Swiss Fund Of Funds

  February 15, 2002

• Tremont's Ruehl Leaves To Create Fund Of Funds Biz

  February 15, 2002

• University of Illinois Foundation Makes Alts Foray

  February 15, 2002

• University of Washington Mulls Spin-Off, Seeks Over $30 Million in Private Equity

  February 15, 2002

• AXA Rosenberg Investment Management is preparing to launch its sixth market-neutral strategy.

  February 14, 2002

• Brian Taylor, the long-time head of EBF & Associates' convertible arbitrage strategy, has abruptly left the firm, according to a brief notice in an investor newsletter that has left investors asking why.

  February 14, 2002

• Former INVESCO fund manager, Jerry Paul, has launched a new event-driven hedge fund and will begin trading in March.

  February 14, 2002

• GNI Fund Management, a London investment firm with $600 million in assets under management, recently launched its third capital guaranteed fund of hedge funds.

  February 14, 2002

• Momentum Asset Management, the London-based fund of hedge funds operation, has been approached by Unicredito, the Italian bank, which is interested in buying the fund.

  February 14, 2002

• New York investment managers Morgens, Waterfall, Vintiadis have opened their long-short equity hedge fund to outside investors for the first time in the fund’s 33-year history.

  February 14, 2002

• Quantitative hedge fund and technology development firm D.E. Shaw has hired two new senior traders as part of its strategy to develop its distressed securities group.

  February 14, 2002

• Stanley Vukmer joined Spyglass Capital as associate director focused on the trading side of the operation.

  February 14, 2002

• Summers To Launch First Hedge Fund

  February 14, 2002

• Texas investment managers, DLR Advisors LLC, recently opened their $15 million proprietary long-short equity hedge fund to outside investors.

  February 14, 2002

• The research group Freeman & Co. reported a surge in the fourth quarter of 65% more announced hedge fund launches then in the previous quarter and an increase in the number of opportunities for asset raising in the industry.

  February 14, 2002

• The Seventh Swedish National Pension Fund received board approval to move ahead with its planned allocation to hedge funds. In a meeting on Tuesday, the board approved AP7's proposal from last year, which allocated 4% of assets to each of hedge funds and

  February 14, 2002

• Tudor Investment Corporation is losing its top Tokyo trader.

  February 14, 2002

• Zurich Capital Markets’ hedge fund group has already raised $1.3 billion for its Institutional Benchmark Series of funds, and appears to be headed much higher, very soon.

  February 14, 2002

• Merrill Mutual Fund Analyst Starts Research Firm

  February 13, 2002

• Ohio State To Allocate Up To $39M To Private Equity

  February 12, 2002

• Archery Capital Launches Domestic Fund

  February 08, 2002

• F&C Management Ltd. will launch three hedge funds, a European equity fund, an emerging markets fund, and a derivatives-based, low risk fund, confirmed an outside spokesman for the firm.

  February 07, 2002

• James Waters, president of investment manager Waters Associates Inc., formed the Sonata Multi-Strategy Fund LP, a hedge fund of funds.

  February 07, 2002

• After seeing the official launch of its first commingled hedge fund delayed by the Sept. 11 attacks, DLR Advisors LLC opened its U.S.-based long/short Pilatus Fund PC-12 to outside investors in January.

  February 06, 2002

• California Foundation To Invest In Market Neutral

  February 06, 2002

• Daiwa Securities Trust and Banking (Europe) plc added a Cayman Islands operation to accommodate clients seeking fund services in that popular hedge fund domicile.

  February 06, 2002

• Japan's Sparx Asset Management, which devotes 50% of its $2 billion in assets to long-short equity funds, went public in December and has since traded briskly.

  February 06, 2002

• Lehman Creates Top Post For Alts Group

  February 06, 2002

• New Star International plans to buy a hedge fund manager in the UK or continental Europe.

  February 06, 2002

• Yankee Advisers LLC launched the US$9 million Yankee Eagle Fund LP, a long/short equity hedge fund of funds.

  February 06, 2002

• Boston hedge fund manager Highfields Capital Management won its dispute with Canadian wireless carrier Telesystem International Wireless after an Ontario judge ordered the company to amend its financial restructuring plan.

  February 05, 2002

• Canada’s Montrusco Bolton Investments and Bermuda’s Focus Group will launch a new fund of funds they hope will tap into the potential of the nascent Canadian market.

  February 05, 2002

• Capital Z Principal Jumps Ship To Pantheon

  February 05, 2002

• Colonial First State’s first hedge fund of funds is becoming popular among retail investors in Australia, further proof of the growing interest in hedge funds on the continent.

  February 05, 2002

• Dailey Capital To Raise New Fund

  February 05, 2002

• Former Soros Fund Management executive Douglas Reid has left Titan Advisors, the fund of funds he co-founded last year, to join Louis Bacon’s Moore Capital Management.

  February 05, 2002

• Geneva hedge fund management firm The Bucephale Group has announced an expansion that will include new offices in New York, London and Milan and the addition of new managing partners, the company announced.

  February 05, 2002

• In yet another sign for the growing appetite for retail alternatives down under, Australia’s Macquarie Financial Services last week launched a New Zealand fund of funds with a NZ$5,000 minimum (US$2,089).

  February 05, 2002

• New Star Asset Management has launched a new capital-guaranteed long-short equity fund, one of three new hedge funds it will launch this year.

  February 05, 2002

• Panayotis "Takis" Sparaggis, who formed Alkeon Capital Management LLC in December, will manage the technology portion of an SEC-registered hedge fund being put together by his former employer, CIBC World Markets.

  February 05, 2002

• Tremont Woos Marketing & Sales Execs For Top Slots

  February 04, 2002

• Yankee Rolls Out Fund Of Funds, Bags Former Fund Launch

  February 04, 2002

• Charterhouse Launches First Independent Fund

  February 03, 2002

• Citi Creates Private Equity Unit, Combines SSB And Citi Investment Capabilities

  February 03, 2002

• Deutsche Bank Forms Alliance With IT Service Provider

  February 03, 2002

• Funds Of Funds Weigh Qualitative Factors Heavily When Choosing Managers

  February 03, 2002

• Lehman Brothers: Alan Pace, head of U.S. sales and marketing

  February 03, 2002

• Oak Hill Begins Fundraising

  February 03, 2002

• Pension Sponsors Recommend Funds Of Funds To New Investors

  February 03, 2002

• PFPC Adds Senior Execs To Alts Team, Opens Chicago Office

  February 03, 2002

• Seligman Top Dog Leaves To Start Hedge Fund

  February 03, 2002

• Tiger Founder Backs Former Morgan Stanley Team

  February 03, 2002

• DKR Woos Highbridge Capital Trader

  February 01, 2002

• Focus Group Taps Brownstone For Fund Of Funds

  February 01, 2002

• Smithsonian May Make Foray Into Hedge Funds

  February 01, 2002