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Polar Capital Holdings, the specialist asset management group, says that as at 31 December 2008 group assets under management have fallen 22 per cent since 31 March 2008 to USD2.45bn.
Adviser to hedge fund investors Hennessee Group has estimated that hedge fund industry assets decreased by USD782bn in 2008 to USD1.21trn, a 39 per cent decline that leaves industry assets
As soon as the dust settles from the new US president’s inauguration, hedge fund managers will have their eyes on the Gaim USA 2009 conference as they figure out money-making strategies fo
Culross Global Management has announced the launch of the Nomura Culross Alpha Note, issued by Nomura International and denominated in sterling, which give access to a basket of two Cul
Constellation Energy has announced it has agreed to divest the majority of its London-based international commodities business, including its coal and freight operations and European en
Alternative asset manager GLG Partners has announced that Kaveh Sheibani and Julian Harvey Wood, two of the founding partners of London-based event-driven manager Pendragon Capital, wil
Northern Lights Ventures has acquired an equity stake in Michigan-based investment management firm Seizert Capital Partners.
While the terms were not disclosed, management will retain majority interest in the firm.
Established in 2000, Seizert offers three long-only equity products: Large Cap Core, Mid Cap Core, and Large Cap Value, as well as a long/short equity hedge fund. Each strategy has at least a five-year track record, and performance has been strong relative to their respective benchmarks.
Seizert is led by its three founding partners – chief executive Gerry Seizert, president Ed Eberle, and chief operating officer Chuck Schmidt
The astute observer might have noticed a clue last week about the direction of hedge funds in the coming months, with the announcement that Hong Kong-based asset manager Sun Hung Kai Finan
Todd Groome, the former IMF official who became the non-executive chairman of the Alternative Investment Management Association at the beginning of this year, will join Diversified Glob
SVM Asset Management, the Edinburgh based independent fund management group, believes that the 2009 stock market environment could continue to prove difficult for conventional long only
