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December 15, 2006
--Robert Chapman, head of Chapman Capital, on why he is calling for the removal of directors from Vitesse Semiconductor Corporation.
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December 15, 2006
Cima Asset Management, a Buenos Aires-based hedge fund manager, is in the process of opening an office in New York and has hired a Morgan Stanley private wealth pro, Gerry Noejovich, to head the effort.
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December 15, 2006
Chapman Capital, the activist firm run by Robert Chapman, is calling for the removal of two board members from troubled Vitesse Semiconductor Corporation.
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December 15, 2006
Citigroup Alternative Investments has lined up an individual to focus on institutional sales in Germany.
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December 15, 2006
Bath & North East Somerset Council has hired Barclays Global Investors as transition manager for the £2 billion Avon Pension Fund it administers, according to AIN sister publication Global Money Management.
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December 15, 2006
Credit Suisse Private Bank plans to expand its alternative investments platform and has brought on board Hugh Neuburger, previously managing director with the bank's asset management division, to spearhead the efforts, reports AIN sister publication Private Asset Management.
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December 15, 2006
In a year when many hedge funds, particularly fixed income strategies, have underperformed market indexes, George Soros' former credit group Camulos Capital has returned more than 30% in its first full year of trading.
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December 15, 2006
A cadre of officials from Goldman Sachs has formed Citta Capital Management and is planning to launch a long/short fund that will invest in Asian equities.
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December 15, 2006
Goldman Sachs and Cargill, part of a group that owns northeast England generation facility Teesside, are looking at restructuring the 1.875 GW facility, which was originally developed by Enron, reports AIN sister publication Power Finance & Risk.
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December 15, 2006
Florian Homm's Absolute Capital Management is considering acquiring boutiques focused on asset-based lending (ABL) and real estate as the Palma de Mallorca, Spain-based firm expands out of long/short strategies for the first time.
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December 15, 2006
Managed futures giant John W. Henry & Company bounced back in November after a tough showing the previous month.
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December 15, 2006
An occasional column by Logan Short, an astute industry observer.
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December 15, 2006
The £580 London Borough of Haringey Superannuation Fund is seeking to hire its first private equity manager for a £29 million brief, reports AIN sister publication Global Money Management.
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December 15, 2006
The table below displays some of last month's top performing long/short managers, according to data
provided by Eurekahedge.
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December 15, 2006
The table below shows in $ millions new allocations gained by alternative managers last month.
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December 15, 2006
The $12 billion New Mexico Public Employees Retirement Association, which earlier this year set a 5% target hedge fund allocation, will start seeking managers in earnest next month, reports AIN sister publication Money Management Letter.
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December 15, 2006
Owl Creek Asset Management, the New York hedge fund firm run by Jeff Altman, is ratcheting up the pressure on Northwest Airlines after the airline moved to hire advisory firm Evercore Partners to explore strategic alternatives.
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December 15, 2006
Large U.S. pensions like CalPERS are combining with budding interest from Asian investors, particularly those in Korea and Japan, to drive the next wave of inflows into commodities-linked investments, according to Barclays Capital.
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December 15, 2006
Pentium Fund, a $500 million Swiss hedge fund firm, will launch an asset-based lending fund of funds early next year.
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December 15, 2006
The Hedgebay Secondary Market Premium Index (SMPI) is a proprietary, asset-weighted index derived from secondary market transactions in non-U.S. based hedge funds effected by or through Hedgebay Trading Corporation and properly authorized broker-dealer licensees.
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December 15, 2006
London's Shooter Fund Management is reopening its flagship Shooter Multi-Strategy Fund after seven months.
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December 15, 2006
The Securities and Exchange Commission is homing in on hedge funds' side letters, reports AIN sister publication Compliance Reporter.
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December 15, 2006
Rose & Sky Investments, a Pfäffikon, Switzerland-based start-up hedge fund firm, will make its first push for assets early next year and will begin by targeting institutional investors.
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December 15, 2006
Threadneedle Investments, the London-based asset management firm, has lined up a new investment specialist.
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December 15, 2006
U.S. Trust has tapped David Upson, former managing director with Fairfield Greenwich Group, as managing director and senior hedge fund research analyst for firm subsidiary CTC Consulting, according to AIN sister publication Private Asset Management.
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December 15, 2006
Bronxville, N.Y.-based Wheelhouse Capital is opening its Wheelhouse Partners I fund to outside investors next month.