07 May 2008
Hedgeweek Comment: Hedge funds offer flexibility in uncertain markets
Hedge funds have, to put it mildly, a mixed reputation.Hedge funds have, to put it mildly, a mixed reputation. They were famously dubbed…
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Weil Gotshal boosts hedge fund and private equity practices with Joseph Basile
Weil, Gotshal & Manges has announced the recruitment of Joseph J.Weil, Gotshal & Manges has announced the recruitment of Joseph J.…
LaCrosse Global Fund Services names Mark Del Col as head of sales and marketing
LaCrosse Global Fund Services, a provider of operations, middle-office and fund administration services to hedge fund managers, has…
Eurex trading volumes rise by 22 per cent in April
International derivatives exchange Eurex saw a 22 per cent year-on-year increase in turnover volume to 185 million contracts last month, up…
06 May 2008
Penso Capital launches Global Crisis Strategy to target opportunities in volatile markets
Alternative investment and advisory boutique Penso Capital Markets has launched its third asset management strategy, the Global Crisis…
Hedgeweek Comment: Funds may swoop as Microsoft drops Yahoo! bid
Over the weekend, software giant Microsoft dropped its three-month-old bid to buy internet firm Yahoo! because the two sides cannot agree…
Crescat Capital formed through merger of Colorado firms
Smith Portfolio Management, founded in 1999, and Crescat Partners, established in 1985, have merged to create Crescat Capital, an…
CFTC sues Sentinel Management Group and executives for fraud
The US Commodity Futures Trading Commission has accused Sentinel Management Group, its president and chief executive Eric A. Bloom and…
05 May 2008
How KKR blazed a trail for listed private equity
Arguably the biggest single boost to Guernsey's private equity industry was the launch in June 2006 of KKR Private Equity Investors, which…
Youthful exuberance
Gibraltar's fund services industry is a relatively young but robust industry.PARA_BREAK_SENTINEL_9f8e7d6cGibraltar's fund services industry…
02 May 2008
Custom House and Equity Fund Services target USD55bn in assets after merger
Custom House Global Fund Services, the parent company of Dublin-based hedge fund administrator Custom House Administration & Corporate…
Hedgeweek Comment: Hedge fund heads for the races
It is increasingly common for hedge funds to have an unusual or esoteric investment strategy. But in times of global uncertainty, they are…
US institutions expanding allocation to alternatives, says Greenwich report
The sponsors of US pension schemes are looking to increase the diversification and reduce the correlation of assets in their portfolios by…
New Jersey federal court freezes assets of purported USD7bn hedge fund manager
A New Jersey court has charged Robert J Sucarato, who claimed he was running a hedge fund business with USD7bn in assts under management…
HFN highlights spike in attrition rate seen in hedge fund database
Hedge fund data provider Hedgefund.net has reported a spike in the number of funds removed from its live database last month as a result of…