-
September 02, 2004
The National Venture Capital Association has come out for a delay until Oct. 28 of the deadline for commenting on a proposal that would mandate registration of hedge funds.
-
September 02, 2004
London-based Arundel Partners plans to list two funds of hedge funds on the Irish Stock Exchange, Hedgeweek reports.
-
September 02, 2004
Baring Asset Management has hired away two managers from Invesco after BAM lost a third of its managers to the lure of launching their own funds and greener pastures, Finance Asia reports.
-
September 02, 2004
California State Teachers' Retirement System (CalSTRS) plans to invest a total of $300 million in three private equity funds, AltAssets reports.
-
September 02, 2004
The Securities and Exchange Commission has barred Charles Spadoni, former vp and general counsel to Triumph Capital Group, Inc., from working in the securities industry, a year after he was convicted for his role in a scheme to offer bribes to Connecticut state officials in order to win pension business.
-
September 02, 2004
Pro-Hedge Funds has launched a new series of protected note products.
-
September 02, 2004
In what is believed to be the first product of its kind, Pro-Hedge Funds is launching a new fund that guarantees that the 1.5% management fee will not be charged if returns are in the red in any quarter.
-
September 01, 2004
Two former traders at Deutsche Bank AG in Switzerland have launched a European hedge fund that will invest in German and Swiss stocks, Bloomberg News reports.
-
September 01, 2004
While only one of Australia's 20 hedge funds was downgraded by Lonsec, the research firm also says consumer demand may negatively affect future returns, according to Money Management.
-
September 01, 2004
Schroders reportedly is entering the multi-manager market.
-
September 01, 2004
UBS has launched The Global Alpha Strategies (Australia) Fund, a relatively conservative fund of funds, according to the Australian Financial Review.
-
August 31, 2004
Investors from Hong Kong, Tokyo and other parts of Asia are filing suit against Towry Law Group, charging the firm had failed to tell them of the risks associated with investing in hedge funds, Bloomberg News reports.
-
August 31, 2004
Barclays Global Investors (BGI) and Pengana have hired national distribution managers in an effort to boost their dealer group and platform focus, according to MoneyManagement.
-
August 31, 2004
Venture capital firm Gemini Israel Funds has raised $200 million for its fourth fund, AltAssets reports.
-
August 31, 2004
LGT Capital Partners has raised €392million ($472.3 million)--almost double its target of €200million ($241 million)--for its first fund of funds that will invest in small and mid-market European buyout funds, according to PrivateEquityOnline.
-
August 31, 2004
Securitization is an increasingly hot form of financing, thanks to the private equity sector, according to AltAssets.
-
August 30, 2004
Since its debut in July 2003, Aviva Alternative Funds has posted on the positive side in every month for an annual return of 7.9%, according to Hedgeweek.
-
August 30, 2004
Funds of funds have seen a slowdown in continental Europe, says Cerulli Associates in a new report.
-
August 30, 2004
Brent Borough, a London government pension scheme, is looking for a fund of funds manager to handle an upcoming $30.5 million allocation for the fund by London's Borough Council, Hedgeco.Net reports.
-
August 30, 2004
The 4-year-old Hobereau Futures Fund has been ranked the top alternative investment performer in Australia, according to Investor Info, Mar/hedge reports.
-
August 30, 2004
A growing number of small companies having difficulties financing are turning to private investments in public equities, or PIPES, Crain's Business reports.
-
August 27, 2004
--Ricardo Payro, head of corporate communications for Syz & Co., on the possibility of launching a fund of funds in Germany with an investment minimum lower than E1000.
-
August 27, 2004
ABN Amro Asset Management's attempt to register its first German hedge fund of funds have been delayed.
-
August 27, 2004
John Regan, ex-portfolio manager for Andor Capital Management's healthcare fund, has formed Steeple Capital in San Francisco and will launch a healthcare fund on Nov. 1.
-
August 27, 2004
In an effort to increase access to risk capital and boost competitiveness, Argentum, a government-owned Norwegian company, says it will invest NOK200 million ($28.9 million) in FSN Capital II.
-
August 27, 2004
Hedge fund/fixed-income behemoth BlackRock is planning to launch a corporate credit-oriented fixed-income hedge fund next month.
-
August 27, 2004
The £950 million Royal County of Berkshire Pension Fund will not look at hedge funds for at least another year.
-
August 27, 2004
Abria Financial Group, a Toronto-based fund of funds is seeking an additional marketer.
-
August 27, 2004
The following directory includes search and hire activity for the week.
-
August 27, 2004
Alternative investment administration specialist Derivatives Portfolio Management (DPM) has named Joseph Fallon to the newly created position of general counsel.
-
August 27, 2004
Braeside Investments, a new Dallas-based firm run by two former portfolio managers from multi-billion dollar hedge fund firm Q Investments, has launched a long/short equity fund that focuses on small- and micro-cap stocks.
-
August 27, 2004
FundManager, the flagship product of Beauchamp Financial Technology, will soon be available to clients of Investec Securities in South Africa.
-
August 27, 2004
Mike Gorman has joined Aurora Funds, an early-stage venture capital firm, as chief financial officer, according to AltAssets.
-
August 27, 2004
The $6 billion 1199 SEIU National Health & Benefit Fund in New York is reportedly considering its first hedge fund investments and will likely search either for funds of funds or separate account managers.
-
August 27, 2004
Hedge fund officials working for Wall Street firms are more interested in the ability to get their ideas heard by management than the quality of their compensation, according to InstitutionalInvestor.com's second annual Best Places to Work on Wall Street online poll.
-
August 27, 2004
The emergence of hedge funds in the loan market has driven compensation for leveraged loan investors higher, as bonuses at some firms dramatically increased.
-
August 27, 2004
HSBC Alternative Investments Limited is planning to increase its marketing effort and is in the process of hiring a marketing director who will oversee all the firm's funds.
-
August 27, 2004
Julius Baer Investment Management is seeking a junior equity long/short analyst to work with Kathryn Cicoletti, who heads up the equity long/short research team.
-
August 27, 2004
Lehman Brothers is going to buy out its partner in a fund of funds joint venture in an effort to build up its $100 billion asset management division.
-
August 27, 2004
Jersey-based asset manager Liberty Ermitage, which has around $1.7 billion in hedge fund assets, has hard-closed its European-focused hedge fund seeding vehicle and is developing a global equivalent.
-
August 27, 2004
Man Investments has rolled out a series of capital-guaranteed structured notes pegged to a portfolio of hedge funds selected by Man's RMF Investment Management subsidiary.
-
August 27, 2004
The $30 billion State Retirement and Pension System of Maryland is reportedly considering making a move into hedge fund investing, either through funds-of-funds or separate accounts after recently doubling its private equity allocation to 2%.
-
August 27, 2004
The following directory includes search and hire activity for the week.
-
August 27, 2004
Och-Ziff Capital Management Group is jettisoning its distressed fund. In a recent cryptic letter to investors obtained by AIN, firm founder Dan Och announced that the firm was separating itself from the Och Ziff Freidheim Credit Opportunities Fund.
-
August 27, 2004
The following directory includes search and hire activity for the week.
-
August 27, 2004
The $1.6 billion San Joaquin County Employees' Retirement Association has decided to stay away from hedge funds--at least for this year.
-
August 27, 2004
St. Louis-based Pearl Street Capital will launch a new long/short equities hedge fund Oct. 1 that will focus on energy and utilities.
-
August 27, 2004
Swiss private banking group Syz & Co. and Hamburg-based private bank M.M. Warburg & Co. are entering the German fund of funds market.
-
August 27, 2004
Tremont Capital Management plans to double the size of its 16-person London presence in the next few years.
-
August 27, 2004
London-based hedge fund firm Orn Capital is considering developing new long/short vehicles.
-
August 27, 2004
London-based money manager Polar Capital Partners, which manages over $2 billion, has tapped Dan Graham from ABN Amro.
-
August 27, 2004
UBS is currently offering notes pegged to several Lighthouse Partners funds of funds in an offshore program called STAR.
-
August 27, 2004
The following directory includes search and hire activity for the week.
-
August 27, 2004
The Wyoming Retirement System has been slowly continuing its hedge-fund education but considers it a back-burner issue and likely won't make a move on the matter for the next several quarters.