134 articles found within the last year.
Displaying results 61 - 80
-
Hedge funds buffer Blackstone results
Revenues from the Blackstone Group’s hedge funds buffered ... Blackstone reported net economic profit of $99.9m (€64.8m) ... Net economic profit does not include compensation payouts, ... The decline comes mostly from a slowdown in ... Blackstone’s corporate private equity revenues, for instance, declined...
-
GLG reports 54.8% drop in net revenue
GLG Partners, the London-based hedge fund manager, has ... GLG reported that net revenues and other income ... The New York-listed firm said today that its ... The performance fees GLG earned in the second ... The group has also seen $629m of net ... While GLG said that it grew its assets...
-
KKR still short on latest European fund
US buyout firm Kohlberg Kravis Roberts, which last ... The firm said its KKR Europe III fund ... In April, sources close to the process said ... One data provider said some top firms had ... However, an investor in its fund said KKR’s ... Last week, Kohlberg Kravis Roberts, started its attempt...
-
Ex-Merrill manager shelves hedge fund plans
Dow Kim, former co-president of Merrill Lynch's global ... According to Bloomberg, Kim had been in negotiations ... However, it said that the evaporation of credit ... Multi-strategy hedge funds, the type of strategy Kim's ... It would not be the first time that ... Stan O'Neal, Merrill Lynch's then chairman and chief...
-
Short biased hedge funds extend winning streak
Short-biased hedge funds had their best month since ... According to data provider Lipper TASS, hedge funds ... In comparison, last year, short-biased equities funds made ... Short sellers have continued to profit despite US ... In the UK, the Financial Services Authority now...
-
US investors content with hedge fund performance
A majority of high net worth individuals in ... About 51% of respondents to a survey ... The survey was conducted by Bank of America ... Of those surveyed with alternatives investments, hedge funds ... David Bailin, president of Bank of America Alternative ... In the year to April 30, hedge funds...
-
European hedge fund launches slow in first half
European hedge fund launches in the first half ... A survey from hedge fund industry publisher HedgeFund ... In the first half of 2007, Europe’s 190 ... Chris Jones, chief investment officer at $3.5bn fund ... In 2007, Key AM held 750 meetings with ... Europe’s largest 10 launches in 2008 to June...
-
Cuomo readies UBS civil suit
New York state attorney general Andrew Cuomo is ... State securities regulators in Massachusetts have already filed ... The lawsuit also could include allegations of malfeasance ... "A filing of a complaint at this point ... In their June case, Massachusetts regulators named individuals...
-
As the markets throw knuckle balls hedge-fund stars still hit home runs
Some hedge-fund stars of 2007 are having an ... John Paulson, who directed the hedge fund Paulson ... Philip Falcone, who saw gains of about 120% ... It isn't necessarily surprising that investors who wagered ... Indeed, financial stocks are up slightly this month ... Still, some of the gains are coming in...
-
Private equity infrastructure fundraising rises five-fold in two years
Private equity infrastructure fundraising has increased by five ... According to data provider Private Equity Intelligence, unlisted ... A record number of funds are also on ... The report follows news by Private Equity News ... 3i’s listed infrastructure fund launched a £114.6m (€144.3m)...
-
Goldstein and Icahn top list of US activists
Funds run by Phillip Goldstein and Carl Icahn ... Goldstein’s Bulldog Investors and Icahn Associates were each ... An activism campaign can include formal proxy fights, ... One of the year’s most publicised campaigns has ... Of the total campaigns, hedge funds were involved...
-
Europe's economy takes a hit
Just a few weeks ago, Europe thought it ... On Tuesday, Spain suffered its largest-ever business failure ... The rising risk of recession in Europe shows ... One sign that many investors no longer believe ... Europe's banking and property sectors are increasingly feeling ... Earlier this year, the euro zone's $12.2 trillion...
-
Property investors continues global push with hires
CB Richard Ellis Investors, the real estate fund ... The property fund manager, which had $42.2bn (€26.5bn) ... Gleeson joins from Morley Fund Management where he ... Gleeson and Savidge will both be based in ... Jeremy Plummer, managing director in the global multi-manager...
-
Rothschild-backed hedge fund plans US and Japanese expansion
Millennium Global Investments has established a presence in ... Mark Astley, Millennium Global's chief executive, said the ... Astley said there was "huge demand" in Japan ... "There has been a huge demand for currency ... Lord Rothschild, via investment vehicle RIT Capital Partners,...
-
Wage restraint begins at the office
Bank of England Governor Mervyn King turned down ... King got a 2.5% automatic pay bump in ... A 2006 compensation review carried out by the ... European Central Bank president Jean-Claude Trichet earned €345,252 ... The committee recommended a higher salary but lower ... King, upon appointment to his second term as...
-
Rising junk default rates put hedge funds under pressure
Hedge funds that piled into the high-yield bond ... Since 2003, hedge funds and other speculators have ... However, the credit crisis and the risk of ... Martin Fridson, chief executive of specialist investor Fridson ... He said: “This will almost certainly happen, and ... Fridson said hedge funds in this trade used...
-
Wells Fargo launches regional private banking operations
Wells Fargo, US’ fourth-largest bank, has launched private ... The bank has hired Jay Quillian, a veteran ... "Our goal is to help our clients build...
-
Hedge funds suffer worst first half in 18 years
Hedge funds suffered their worst first half performance ... Industry data provider Hedge Fund Research recorded a ... The fall is only the second time hedge ... In the first half of 1999, a period ... David Aldrich, managing director at Bank of New ... The FTSE 100 index of shares in the...
-
Ray of light for US property markets
US property prices are expected to "firm up" ... The French arm of the LCF Rothschild Group, ... Given that the primary catalyst for the credit ... In May this year, new house sales in ... Residential construction has been the most negative component ... quarters, having dropped on average by 1.1% quarter...
-
JP Morgan red-faced after private client disclosure
A list giving the names and account details ... The full list was printed in Argentinian magazine ... The publication of the documents comes as JP ... Arbizu, a former vice-president in JP Morgan's private ... The New York Southern District Court earlier backed ... Meanwhile, the US Senate Committee on Homeland Security...
