11 Jul 2008
Hedgemedia's AltInvestment Global News Round-Up: GLG hires from investment banks to fill Coffey's shoes
Moving to replace its outgoing star emerging-markets manager Greg Coffey, GLG Partners has tapped seasoned proprietary trader Driss…
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10 Jul 2008
C.P. Eaton Partners adds chief operating and financial officer
Rowayton, Connecticut-based placement agent C.P.Rowayton, Connecticut-based placement agent C.P. Eaton Partners has appointed Jerry Elliott…
Hedgeweek Comment: Hedge funds still outperform broader markets
The ongoing market turmoil has left few survivors in its path of financial devastation with financial institutions, corporates and…
Canada's Dynamic Funds launches fund of hedge funds
Toronto-based Dynamic Funds has announced the launch of a hedge fund of funds, the Dynamic Alternative Opportunities Fund, which offers…
OpHedge appoints Jack Li as head of P&L/valuations group
Middle- and back-office hedge fund administrator OpHedge Investment Services has hired Jack Li as director of P&L and…
International Asset Management in management buyout from Fortis
International Asset Management, one of the oldest fund of hedge funds managers, has completed a management buyout following a strategic…
Próxima Alfa Investments appoints Igor Ojereliev to launch emerging markets fund
Madrid-based Próxima Alfa Investments has announced the recruitment of Igor Ojereliev from Deutsche Bank with a view to launching the…
09 Jul 2008
LaSalle Investment Management establishes special situations team
LaSalle Investment Management is to establish a special situations team for the UK and continental Europe that will primarily be…
Hedgeweek Comment: Microsoft's renewed interest in Yahoo! will alert hedge funds
Hedge funds will be drooling at the latest news on Yahoo! and Microsoft. Microsoft has declared that it is interested in reopening talks to…
Sciens Capital Management announces acquisition of Atlas Capital institutional business
Diversified alternative asset manager Sciens Capital Management has concluded a definitive agreement to acquire the institutional…
Partners Group sees assets grow despite exchange rate fluctuations and hedge fund outflows
Switzerland-based alternative asset manager Partners Group has reported that its estimated net assets under management grew by CHF1bn to…
Harcourt launches asset-based lending fund of funds with Swiss investment foundation
Harcourt Investment Consulting has launched Belmont (Lux) Asset Based Lending, a fund of funds invested in pure asset-based lending…
08 Jul 2008
Event-driven funds suffer as hedge fund indices post mixed June returns
Four of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net of fees losses in June, although only one -…
Agreement with SEC to give Federal Reserve early warning data on securities firms
Securities and Exchange Commission chairman Christopher Cox and Federal Reserve System chairman Ben Bernanke have signed a memorandum of…
Hedgeweek Comment: Lesson still not learned
If ever there was a lesson to be learned from the spate of catastrophes precipitated by the credit crunch, it should be that mistakes made…
