Toronto Hedge Fund Takes Big Stake In ‘Sun-Times’ Parent
Editor & Publisher – Polar Securities, a Toronto-based hedge fund, disclosed Tuesday that it has purchased a big stake in troubled Sun-Times Media Group (STMG). In two filings with the U.S....
View ArticlePellegrini quits Paulson & Co to start fund
Interactive Investor – Paolo Pellegrini, who played a crucial role in helping to implement bets against subprime mortgages that netted Paulson & Co about $15 billion in 2007, resigned from the...
View ArticleHigh waves in market sink even legendary hedge funds
Tacoma News Tribune – Year after year, the hedge fund industry dazzled Wall Street by delivering “absolute returns” – outsized profits whether markets rose or fell. Using sophisticated trading models,...
View ArticleHedge funds fold
The Washington Times – Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" – outsized profits whether markets rose or fell. Using sophisticated trading models,...
View ArticleJPMorgan tips drugmakers and non-life insurers
Reuters UK – JPMorgan Europe Dynamic fund favours defensive drugmakers and non-life insurers and has no plans to move into cyclicals until company newsflow, employment and money supply improve. John...
View ArticlePartner exits hedge fund firm NewSmith Capital
Reuters – NewSmith Capital Partners, one of the hedge fund firms to appear before last month’s Treasury Select Committee into the banking crisis, told Reuters on Thursday partner Jeremy Silewicz had...
View ArticleCredit Suisse Veteran To Start SE Asian Hedge Fund
Dow Jones Deutschland – While hedge funds suffer from redemptions and closures amid volatile markets, some firms are taking advantage of falling valuations and market dislocations to launch new funds....
View ArticleHedge Fund Trembulant Ups Stake in Fast Food
West Palm Beach (HedgeCo.net) – Hedge fund Tremblant Capital reported that it now owns 1.1 million shares of Chipotle Mexican Grill, bringing its total shares in the Denver-based fast food restaurant...
View ArticleSEC’s Salvo In The New War Against Insider Trading & Credit Default Swaps
24/7 Wall St. – According to a civil suit filed today by the Securities Exchange Commission in the Southern District Court of New York, John-Paul Rorech, a bond salesman at Deutsche Bank Securities,...
View ArticleBarclay Hedge Fund Rankings Rate Tranen #1 in Fixed Income Asset Backed Lending
West Palm Beach (HedgeCo.net) – British Virgin Islands based hedge fund manager Tranen Capital took the lead in the Fixed Income – Asset-Backed Lending category for March 2009 with a return of 2.49%....
View ArticleFund managers eye hedge fund stress tests
Reuters – Fund managers need to stress-test worst-case scenarios more rigorously before investing in hedge funds, industry participants at a hedge fund conference said on Thursday. Many existing stress...
View ArticleBull Path Converts Hedge Fund Into Long Short Mutual Fund
West Palm Beach (HedgeCo.net) – Bull Path Capital Management recently announced the conversion of one of its long-short hedge funds into a long-short equity mutual fund the ‘Bull Path Long Short Fund’...
View ArticleRosemawr Municipal Partners Fund Launch
HedgeCo.net (West Palm Beach) – Rosemawr Management LLC, two months ago launched the Rosemawr Municipal Partner Fund LP,. The fund has seen returns of 0.82% in May and 0.86% in June, since inception on...
View ArticleHarvard Management hires two from hedge funds
Reuters – Harvard Management Co, which invests the Ivy League school’s multibillion dollar endowment, hired two investment managers away from two prominent hedge funds, the university said on...
View ArticleEx-Lehman Banker Filippi Raises $35 Million for Commodity Fund
Bloomberg – Edward Filippi, previously with Lehman Brothers Holdings Inc., raised $35 million for a hedge fund investing in energy, metals and agricultural derivatives. The Ground Zero Strategic...
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