-
August 17, 2006
Tom Hudson's Pirate Capital is facing the biggest drawdowns in the firm's history in its two main funds.
-
August 11, 2006
Lee Ainslie, managing partner, Maverick Capital, in the firm's most recent letter to investors.
-
August 11, 2006
Three Aetna veterans who formed Copernicus International, originally known as Alpha Equity, have launched the firm's fourth strategy.
-
August 11, 2006
Wealthy investors are eager to invest in market-neutral hedge funds, private equity funds and commodities, and less interested in mutual funds because of comparatively meager returns, reports AIN sister publication Private Asset Management.
-
August 11, 2006
Wildcatter Capital Management launched its first fund last month, according to a potential investor.
-
August 11, 2006
Sydney-based Basis Capital, which manages over $600 million, has soft-closed one of the share classes for its Basis Pac-Rim Opportunity Fund.
-
August 11, 2006
Boston-based Prides Capital, with $540 million under management, has hired analysts from Lazard Asset Management and Deutsche Bank.
-
August 11, 2006
Sydney- and London-based hedge fund firm Bennelong Asset Management is considering launching more funds.
-
August 11, 2006
Highbridge Capital Management's $5.4 billion multi-strategy fund returned 3.35% in the second quarter, with statistical arbitrage and U.S. and European convertible strategies leading the way.
-
August 11, 2006
Fort Orange Capital Management, a CTA firm based in Albany, N.Y., stumbled in July.
-
August 11, 2006
Shooter Fund Management's flagship volatility arbitrage fund was flat in July, returning 20 basis points.
-
August 11, 2006
The Hidden Role of Chance in Life and in the Markets
-
August 11, 2006
Fitrol Investment Management, a CTA firm based in Southern France with $5.5 million under management, is planning to hire an execution trader in the next few months.
-
August 11, 2006
Ken Glassman, who co-headed Goldman Sachs' distressed investing group, has departed the firm and joined Sandell Asset Management as a senior managing director.
-
August 11, 2006
HSBC Halbis Partners' alternatives arm will consider acquiring hedge fund boutiques.
-
August 11, 2006
European giant IKOS Group, which has offices in London and Cyprus, has hired four officials for its business development and operations teams.
-
August 11, 2006
The $385 million Louisiana State Police Retirement System will invest up to 5% each in timber and hedge funds to diversify, reports AIN sister publication Money Management Letter.
-
August 11, 2006
An occasional column by Logan Short, an astute industry observer. He can be reached at lshort@iinews.com.
-
August 11, 2006
Third Point, the activist hedge fund firm run by outspoken manager Daniel Loeb, has obtained the liquidity it was seeking from plastic film maker AEP Industries.
-
August 11, 2006
Stamford Capital, a London-based start-up founded by Kenneth Jeyaretnam, has plans to set up an Asian office. The firm rolled out its fund July 10.
-
August 11, 2006
A.J. Rice, who spent eight years as a managing director for Merrill Lynch covering healthcare, has left to set up his own shop.
-
August 11, 2006
The systematic CTA fund managed by London's Mulvaney Capital Management returned -5.2% last month.
-
August 11, 2006
Franklin Lakes, N.J.-based Quant Invest launched its first fund at the beginning of the month, according to a private investor.
-
August 11, 2006
Activist hedge fund firm Owl Creek Asset Management and LJH, a company run by well-known Texan investor and big game hunter Lacy Harber, have reached an agreement to purchase TIMCO Aviation Services.
-
August 11, 2006
The $7 billion San Diego County Employees Retirement Association is considering replacing part of its international equity and bond allocations with portable alpha strategies.
-
August 11, 2006
Superfund Asset Management has added two sales representatives, with Sharif Husseini and Thomas Kurinsky joining the firm from Cargill Investor Services.
-
August 11, 2006
Bronxville, N.Y.-based Wheelhouse Capital will launch its first fund Sept. 1.
-
August 10, 2006
Two New York start-ups, Ralph Rosenberg's R6 Capital Management and Jeffrey Aronson's Centerbridge Capital Partners, have added big industry names to their ranks.
-
August 10, 2006
A cadre of top name hedge funds stands to benefit if The Brink's Company decides to sell itself.
-
August 10, 2006
-
August 10, 2006
Each week, this page will highlight performance statistics of a hedge fund strategy sectors.
-
August 10, 2006
Lyxor Asset Management, the French fund of hedge funds giant with €55 billion under management, will make its first-ever push for U.S. onshore assets.
-
August 10, 2006
Mediocre performance by Maverick Capital funds and a string of investor redemptions have Managing Partner Lee Ainslie III in damage control mode, judging by the firm's most recent quarterly newsletter, a copy of which was obtained by AIN.
-
August 10, 2006
-
August 10, 2006