08/05/2012
Hedge funds have a more positive impact on the bankruptcy process than previously thought, new research from the US suggests, with the value of firms filing for Chapter 11 likely to increase as a
result of their presence.
08/05/2012
Global Credit Advisers (GCA), a $600m New York-based manager of long/short high-yield and distressed credit funds, has launched a plan assets fund, HFMWeek can exclusively reveal, as an
increasing number of hedge fund firms look to the opportunities afforded under the US Employee Retirement Income Security Act (Erisa).
08/05/2012
Former head of European sales for hedge fund Winton Capital, Bill Miller, has been hired by Princeton-based CTA Drury Capital as head of global sales, according to a company announcement.
08/05/2012
The average hedge fund recorded losses of 0.36% in April, bringing industry year-to-date returns to 4.42%, according to new data released by Hedge Fund Research (HFR).
08/05/2012
Today: William Ackman's Canadian Pacific Railway ousting bid could succeed even if nominees lose vote; Third Point demands Yahoo paperwork; Warren Buffett dismisses post-election dip; DE Shaw plans
Alkali fund; and more...
04/05/2012
The head of HSBC’s fund of hedge funds (FoHF) unit, which at $29.8bn is second only to Blackstone’s in size, has said that the unit could grow into the world’s largest, in an
exclusive interview with HFMWeek.
04/05/2012
Permal Group, the $20bn fund of hedge funds (FoHF) manager, has hired Max Osborne from rival firm Skybridge Capital to head up distribution in the US, according to a company statement.
04/05/2012
Smaller to medium sized hedge funds could have an advantage going forward Christopher Fawcett, senior partner at Fauchier Partners, told attendees of the Guernsey Fund Forum in London yesterday.
04/05/2012
Stride Capital Group, a Connecticut-based seeding firm, is eyeing subsequent investments following its first seed deal last month with LRV Capital, a global ex-US long/short equity offering,
HFMWeek has learned.
04/05/2012
Deal values increased in the first quarter of this year by 25%, according to research into the M&A space conducted by hedge fund law firm Appleby.