-
January 06, 2005
London-based Amadeus Capital Partners has promoted six of its staff members, PrivateEquityOnline reports.
-
January 06, 2005
Carlyle Group has held the first closing of its Carlyle Partners IV buy-fund with approximately $5 billion in commitments, Alt Assets reports.
-
January 06, 2005
University and foundation endowments had their best returns in four years, while those that relied less on hedge funds and venture capital funds outperformed those that did, according to The Wall Street Journal, citing a survey by Commonfund.
-
January 06, 2005
Four funds managed by the Permal Group have been assigned Standard & Poor's fund of hedge fund ratings.
-
January 06, 2005
GlobeOp Financial Services has named Greg Stockett as its first chief financial officer and a member of the fund administrator's management committee.
-
January 06, 2005
Boston-based HarbourVest Partners has named David Atterbury as a senior v.p. based in the private equity firm's London office.
-
January 06, 2005
In a dramatic turnaround, a majority of hedge fund managers expect a rise in the U.S. dollar this month, according to Van Macro Sentiment Indicators.
-
January 06, 2005
With an almost 90% jump in hedge fund assets under management in Asia last year, the world's largest continent has become the hottest region for the industry.
-
January 06, 2005
Kiwi Securities has changed its name to The Silverfern Group and has entered the private equity fundraising business to complement its core mergers and acquisition practice.
-
January 06, 2005
Lehman Brothers' reported offer to buy GLG Partners, one of the U.K.'s largest hedge funds, is still up in the air as issues over the asking price and valuation may end up killing the deal altogether, Reuters reports.
-
January 06, 2005
Mellon HBV Alternative Strategies, the hedge fund unit of Mellon Financial, has blasted a $300 million offer for Metromedia International Group as “grossly inadequate.”
-
January 06, 2005
NeoMed Management has held the first closing of its fourth life sciences venture capital fund with EUR38 million, AltAssets reports.
-
January 06, 2005
SciVest Alternative Strategies has launched SciVest Global Multi-Strategy Fund, a global fund of hedge funds.
-
January 06, 2005
The Securities and Exchange Commission is investigating commission rebates.
-
January 06, 2005
Symphony Capital has raised $315 million at the final closing of its first two debut private equity funds.
-
January 06, 2005
WestBridge Capital Partners has elevated three three-year veterans of the company to partners.
-
January 05, 2005
The Rohatyn Group's new hedge fund specializing in Asian investments has attracted $94.8 million from 33 investors since August, according to a filing with the Securities and Exchange Commission.
-
January 05, 2005
Rising interest rates may mean the time ripe for withdrawing money from Bank of America, says Thomas Brown, who runs hedge fund Second Curve Capital in the current issue of Barron's online edition.
-
January 05, 2005
Tokyo-based Unison Capital Partners has closed its private equity offering, Unison Capital Partners II, with $724 million, about 50% more than its original target, PrivateEquityOnline reports.
-
January 05, 2005
Lackluster returns in 2004 caused partly by low equity market volatility have prompted hedge fund Continuous Time Finance Ltd. to close, Reuters reports.
-
January 05, 2005
A majority of the investors in the defunct Lancer hedge fund group have been clashing with Marty Steinberg, the receiver of the fund appointed by the Securities and Exchange Commission, KYC News reports.
-
January 05, 2005
-
January 05, 2005
Warburg Pincus has bought back a 19.9% stake in its private equity activities from Credit Suisse Group, which made the purchase five-and-a-half years ago.
-
January 04, 2005
London-based Alternative Investment Management Association (AIMA) has published a “guide to sound practices” for Asian hedge fund managers.
-
January 04, 2005
BaFin, the German finance regulator, has given the green light to Deutsche Bank and distributor Merck Finck & Co. to sell the DB Platinum II MF Hedge No. 1 in Germany, MAR/Hedge reports.
-
January 04, 2005
With recent changes in securities laws, two South Korean buyout firms have completed registration for the launch of their country's first private equity funds, Yonhap News reports.
-
January 04, 2005
Lightyear Capital says its Lightyear Fund L.P. has provided the majority of equity capital to launch Athilon Capital Corp., which will offer credit protection on a portfolio basis to investment banks, commercial banks, insurance companies and other institutions.
-
January 04, 2005
Despite the stain of scandal, mutual funds ended 2004 strong with major indicators showing that they outperformed hedge funds, which struggled for much of the year.
-
January 04, 2005
A petition signed by an estimated 170 Yale students is asking the university's head of endowment to help change a policy of non-disclosure regarding hedge fund and private equity investments, PrivateEquityOnline reports.
-
January 03, 2005
J. Robert Collins, who resigned as president of the New York Mercantile Exchange in June, has launched a new hedge fund that focuses on trading financial contracts linked to energy prices, Bloomberg News reports.
-
January 03, 2005
Merrill Lynch has announced plans to offer its first registered hedge fund.
-
January 03, 2005
An NASD arbitration panel has ordered First New York Securities to pay its former hedge fund manager Hilary Shane $4.2 million over charges that the company denied her a share of membership interests when she left First New York.
-
January 03, 2005
Unigestion Asset Management is teaming up with Lyxor, a unit of Societe Generale, to roll out a group of single-strategy funds of hedge funds, according to Investment & Pensions Europe.
-
January 03, 2005
George Van, chairman of the Van Companies, and v.p. Ziyihi Song, call a recent paper on the risk and returns of hedge funds flawed.
-
December 23, 2004
--Charles Gradante, managing principal of Hennessee Group, on the dangers of hedge funds writing naked credit default swaps.
-
December 23, 2004
-
December 23, 2004
ABN Amro Asset Management has ended its fund of funds partnership with German firm Feri Trust.
-
December 23, 2004
Hayground Cove Asset Management, the $800 million long/short equity fund founded by former Bear Stearns analyst Jason Ader, is seeking two long/short analysts and a comptroller.
-
December 23, 2004
The AUD800 million Brisbane City Council Superannuation Plan will again look at making a first foray in private equity in six months after deciding in August not to invest.
-
December 23, 2004
The following directory includes search and hire activity for the week.
-
December 23, 2004
Martin Theisinger, managing director and head of Germany for Schroder Investment Management, suggested that delays in the country might have a knock-on effect in other European countries.
-
December 23, 2004
Hedge funds are increasingly writing naked credit default swaps to juice their returns.
-
December 23, 2004
The Financial Services Authority intends to make a preliminary statement in the coming months about the possibility of U.K. regulation, which could lead to hedge funds being made available to U.K. retail investors.
-
December 23, 2004
Hedge fund managers are relying on leverage in a low-return environment. Leverage has also increased because low rates make the cost of borrowing more attractive.
-
December 23, 2004
GAM is planning to roll out a feeder structure to entice institutional investors to invest in an existing $200 million fund of hedge funds portfolio in a bid to gain more assets from institutions.
-
December 23, 2004
The creation of an onshore hedge fund market in Germany has been one of the biggest talking points within the alternative investment community in 2004.
-
December 23, 2004
Phillip Goldstein of hedge fund firm Opportunity Partners has filed his long-awaited legal challenge to the Securities and Exchange Commission's decision to require hedge funds to register as advisers.
-
December 23, 2004
New York-based EOS Partners is staffing up in the wake of a recent fund launch.
-
December 23, 2004
Quest Partners has been having a difficult time with its global macro fund, which is down 27% year-to-date through November.
-
December 23, 2004
In a year marked by the Securities and Exchange Commission's historic move to require registration, here are some of the industry's not-so-proud members who did their part to sound the alarm. From
-
December 23, 2004
This year had many ups and downs for players in the hedge fund industry.
-
December 23, 2004
International Asset Management, the London-based fund of funds with $2 billion under management, has hired an analyst to focus on manager research and operational due diligence.
-
December 23, 2004
High-profile hedge funds investing in illiquid securities began to dot the landscape this year.
-
December 23, 2004
This year saw the emergence of investable hedge fund indices as a viable alternative to traditional funds of funds.
-
December 23, 2004
Integrated Asset Management, a London-based fund of funds with $600 million under management, is on the prowl for U.S. acquisitions.
-
December 23, 2004
Hedge fund M&A activity is expected to increase next year as more firms seek to consolidate.
-
December 23, 2004
Hedge fund base management fees rose this year despite less than stellar overall performance.
-
December 23, 2004
The following directory includes search and hire activity for the week.
-
December 23, 2004
Robert Plaze, associate director of the Securities and Exchange Commission's Division of Investment Management, told an industry gathering last week that the agency will not back down from its two-year hold provision for hedge funds that want to avoid registration--a provision hedge funds had been hoping to overturn.
-
December 23, 2004
The following directory includes search and hire activity for the week.
-
December 23, 2004
Telluride Asset Management, a Wayzata, Minn.-based start-up launched last year by Peter Hajas, a former partner at O'Connor & Associates, has added a trader from Millennium Partners.
-
December 23, 2004
London-based MSS Capital, which manages over $300 million through its fund of funds platform linked to the FTSE Group's hedge fund index, is planning to open offices in the U.S. and Far East next year.
-
December 23, 2004
European and U.S. hedge fund firms, including EIM Group and Julius Bär are seeking to capitalize on opportunities in Asia, leading to the creation of new marketing and research teams on the continent.
-
December 23, 2004