18 May 2009
GLG completes convertible subordinated notes offering
GLG Partners, the US-listed asset manager, has completed its private offering of USD214m aggregate principal amount of its…
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Credit Suisse/Tremont Hedge Fund Index up 1.68 per cent in April
Final performance for the Credit Suisse/Tremont Hedge Fund Index was up 1.68 per cent in April, bringing year-to-date returns to 2.55 per…
Ex-New Star CIO launches 'revolutionary' wealth-management company
Alan Miller, former Chief Investment Officer and founding shareholder of New Star Asset Management has teamed up with Alexander…
USD61m in commitments made to Madoff claimants
Over USD61m of Securities Investor Protection Corporation funds has already been committed to 125 claimants in the Securities Investor…
Managed futures slide 0.51 per cent in April
Managed futures slipped again in April down 0.51 per cent, according to the Barclay CTA Index compiled by BarclayHedge. Managed futures…
17 May 2009
Comment: Regulation and tax pose dilemma for alternative managers
Will a combination of the UK's plans to increase taxation of the income and pension contributions of its wealthiest residents and the…
15 May 2009
Target shareholders told to vote on Pershing's Gold proxy card
Proxy Governance, an independent proxy voting advisory firm, has recommended that shareholders of Target Corporation vote on Pershing…
Steel Partners urges shareholders to vote for director nominees
Steel Partners Japan Strategic Fund (Offshore) has sent a letter to shareholders of Aderans Holdings urging them to vote for Steel…
Wolverine selects Citadel Solutions for third-party fund administration
Citadel Solutions has been selected by Wolverine Asset Management, a Chicago-based hedge fund manager, as its new, full-service fund…
Convertible arbitrage one of the best-performing strategies in Q1 2009
Convertible arbitrage went from being one of the worst-performing strategies in the Credit Suisse/Tremont Hedge Fund Index in 2008 to one…
Société Générale Securities Services adds multilateral trading facilities
Société Générale Securities Services is broadening its clearing offer to include new multilateral trading facilities: BATS Europe, NYSE…
Australia funds show promising signs in April
Early indications from Australia's absolute return and hedge fund sector performance for April are showing promising signs, with average…
What to do when it all goes wrong.
Collas Day dispute resolutionThe situation Collas Day dispute resolutionThe situationEconomic downturn has become a reality, with a…
14 May 2009
Eversheds advises PSource Structured Debt on credit facilities
International law firm Eversheds has advised PSource Structured Debt on USD24m of credit facilities with the Bank of Scotland consisting of…
BNY Mellon awarded administration mandate by Sumitomo Mitsui
The Bank of New York Mellon's alternative investment services business has been selected by Sumitomo Mitsui Asset Management as fund…
