Hedge funds gained 2.45 per cent in May, says Hennessee

The Hennessee Hedge Fund Index increased by 2.45 per cent in May and is up by 7.86 per cent for the first five months of 2007, according to Hennessee Group, a registered adviser to hedge f »


New hire gets third-party hedge fund marketing firm in the swing

Hedge fund third-party marketing firm Agecroft Partners has hired James B Hart as a director with responsibilities including overseeing due diligence on potential hedge funds the firm may »


Eden Rock continues team expansion

Eden Rock Capital Management, the London-based asset based lending and structured finance firm, has made three further strategic hires, including the recruitment of David Gervais to the in »


Ogier expands structured finance business through Irish fiduciary acquisition

Leading offshore legal and fiduciary services group Ogier is expanding its structured finance operation in Ireland with the purchase of a substantial portion of the Pegasus Corporate Servi »


Managed Funds Association appoints Carl Kennedy as legal counsel

The Managed Funds Association has named Carl Kennedy, a member of the public finance department and tax group at Ballard Spahr Andrews & Ingersoll in Washington, DC, as a member of the »


Hedge funds average 2.41 per cent gain in May, says HFN index

Early estimates indicate that the HFN Hedge Fund Aggregate Average, an equal weighted average of all single-manager hedge funds and CTA/managed futures products in the HedgeFund.net databa »


Hedge fund manager pays USD250,000 to settle reporting charges

A US hedge fund manager has agreed to pay a USD250,000 civil penalty to settle charges that he violated reporting requirements of the Hart-Scott-Rodino Act by failing to report the exercis »


OTC derivatives to reach USD550trn by 2008, says Celent

Over-the-counter derivatives will exceed the USD550trn mark in 2008, up from USD375trn at the end of 2006, according to a new report from Celent, a research and consulting firm that focuse »


Institutions to invest USD85bn in hedge funds by 2008, says report

Institutional investors are poised to pump USD85bn of new money into hedge funds and funds of hedge funds over the next 12 to 18 months, according to a survey of more than 950 institutions »


Bramdean to list diversified fund of alternative funds

Bramdean Asset Management, the multi-manager investment business headed by Nicola Horlick, has announced plans for a new stock market-listed fund of funds that will offer a globally divers »


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