Top Story
Former JPM honcho branches out
.
.
Richard Schmidt, formerly a managing director for emerging markets at JPMorgan, has set up his own emerging markets hedge fund.
-
24 July
Hedge funds push CSX to seat board
TCI and 3G call on US railroad conglomerate to seat four nominees on the company's board, but CSX isn't budging.
-
24 July
Paulson pondering bank rescue HF
Famous for betting against the US housing market, Paulson is reportedly planning to start a capital-providing hedge fund.
-
23 July
Pensions still pining for hedge funds
Despite the credit crunch, US public pension plans and retirement systems are still in favour of investing in hedge funds.
-
23 July
CalPERS’ hedge funds lose ground
The California Public Employees' Retirement System lost 2.4% in its fiscal year ending 30 June, its worst performance in six years.
-
23 July
Fortress taps First Quadrant pro
Fortress Investment Group has hired Anna Chefter, most recently of First Quadrant, as its new chief risk officer.
-
23 July
Trump Jr to set up Indian hedge fund
Donald Trump Jr, the son of the famous US real estate mogul, has plans to set up a $1bn hedge fund.
-
22 July
US Senate backs oil speculation bill
The US Senate voted 94-0 on Tuesday to proceed with a Democratic plan to curb oil market speculation by setting trading limits.
-
22 July
Fairfield Greenwich partners ‘upstate’
FoHF Fairfield Greenwich Group has partnered with Toronto-based Sceptre Investment Counsel to expand into Canada.
-
22 July
DKR Fusion taps former Oracle pro
DKR Fusion, the quantitative and systematic programmes manager of DKR Capital, has hired former Oracle principal Daniel Rizzuto.
-
22 July
Nedgroup lands $9m mandate
Nedgroup has won a $9m mandate from asset management firm Attica Vermogensbeheer for its Premium Portfolio Fund.
-
22 July
Family offices in Europe set to flourish
The European family office market is set for rapid expansion due to the high concentration of untapped wealth in the region.
-
22 July
Liongate and Stenham win mandates
Newsquest, the pension scheme for the UK's second largest local newspaper publisher, has made its first investment in FoHFs.
-
21 July
Perella Wienberg HF up double digits
Xerion hedge fund has gained 24% this year on distressed investments and wagers that the debt of financial services firms will fall.
-
21 July
Hohn's charity reinvests majority in TCI
Nearly all £800m given by activist hedge fund manager Christopher Hohn to fund charities has been reinvested back in his hedge funds.
-
21 July
Yahoo settles dispute with Icahn
Yahoo has resolved the proxy dispute with activist shareholder Carl Icahn in a settlement that will see him appointed to the board.
-
18 July
Arcadia to launch maiden HF
Arcadia Capital Advisors, seeded by MD Sass-Macquarie Financial Strategies, is slated to launch its maiden hedge fund next month.
US hedge funds flock to China
China’s growing presence on the world stage has some major US hedge funds and industry groups heading to the Far East to capitalise on what is expected to be an Olympian investment opportunity. By Elise Coroneos.
11 June
HFMWeek asset administration survey
Frozen credit markets, Bear Stearns' collapse, multi-billion dollar rescues -- seemingly nothing can stop the hedge fund industry. Part one of HFMWeek's 10th biannual assets under administration survey. By Kapila Gohel.
Once bitten, twice shy
Will Nick Maounis, former head of infamous blow-up Amaranth Advisors, be able to attract investment to his new venture, or is a second chance too much to ask of today’s cautious investor? By Elise Coroneos.
Investing well, and good
Socially responsible investing has been on the periphery for some time, but as investors get keener on being greener, funds with a conscience are gaining in popularity among investors. By M. Corey Goldman
