Stefan Nilsson has been appointed head of the Tokyo office of hedge fund firm ProfitFundCom with immediate effect. The company has offices in Japan and Europe and i

The UK-based Indian steel billionaire Lakshmi Mittal has acquired a significant stake in London-based listed hedge fund manager RAB Capital plc. Mittal has acquired

Julius Baer is set to launch its fourth single manager hedge fund, the JB Convertible and High Yield Hedge Fund, on 1 July 2005. The fund will focus on convertible

Jeffrey E. Devers, John Michaelson and James R.

Montreal-based hedge fund manager Crystalline Management Inc. has launched a new Canada-focused absolute return fund. Co-managed by Martin Roberge and Carl Pelland, the Sapphire Canada+ Fund is a G7+Australia asset allocation and North-American equity sector rotation hedge fund. Formerly employees of National Bank Financial (NBF) and Caisse de Depot et Placement du Quebec (CDPQ), the fund’s investment management team has over 20 years of combined experience in international derivatives and North-American equity sector analysis and portfolio management. The fund’s principal manager, Martin Roberge, was an all-star ranked quantitative analyst from 2000 to 2003 as well as a highly-ranked portfolio strategist

Rydex Capital Partners LLC is launching a fund that will seek investment returns that correspond to 150% of the performance of S&P’s Equity Long/Short Index. Accord

London-based Integrated Asset Management has lost its second Finance Director in the space of six months. Raminder Panesar resigned as Group Finance Director and Co

Assets under management at Gulf International Bank (UK) Ltd have topped USD 15 billion with the launch of its FAB CBO 2005-1. The transaction, the latest in GIB’s

Cardinal Asset Management has appointed Tim Peach to head up marketing and distribution for its single strategy hedge funds and multi-manager products. Peach joins

Harmonic Capital Partners, the fixed income and currency specialist hedge fund manager, has appointed a research developer and two additional dealers. The additions