Kassirer Market Neutral Fund, a Cayman-based hedge fund primarily engaged in U.S. and Canadian merger arbitrage, earned 1.3% in April, another Kassirer hedge fund, the Kassirer Market Neutral limited...
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In a Bloomberg article; Senate aides, looking for new sources of revenue, are studying how Harvard, Yale and Stanford use offshore hedge funds to avoid tax bills. Members of the Senate Finance...
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In a HedgeCo story; Hedge fund investor Fortress Investment Group LLC has acquired Florida East Coast Industries, Inc. (FECI) for approximately $3.5 billion, according to a press release. The merger...
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*The European Union finance ministers said they will keep an eye on hedge funds, but see no reason to set new, tighter rules. More of this story here. * Goodman & Company Investment Counsel Ltd....
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The HFN press release for the Hedge Fund Aggregate Average shows an early estimate of April being the best month hedge funds have experienced since 1999, a year when the HFN Aggregate Average...
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Collard to Speak at Dow Jones Distressed Investment Forum at the Grand Hyatt, New York. Turnaround firms have begun to market their services to private equity and hedge funds to trouble shoot...
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Blackstone Group LP is planning to raise up to $2 billion for two new funds of hedge funds, according to recent reports, the Blackstone Strategic Alliance Fund LP and the Blackstone Strategic Alliance...
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The 2007 Robin Hood benefit event this week, raised $71 million, up 32% from a year ago, in what was a display of gilded age excess, according to the Times. Tom Brokaw started the evening and the...
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Michael Markov, CEO of Markov Processes International, a provider of advanced financial tools and technology, is planning a conference to discuss methods of utilizing fund performance to gain insight...
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Todd Buchholz, former managing director of the Tiger hedge fund and adviser to the flagship fund of George Soros, today announced his fiction debut, The Castro Gene, a financial thriller. The Castro...
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The New York Federal Reserve said that Hedge funds may now pose the biggest risk of a crisis since 1998. According to a paper written by Tobias Adrian, capital markets economist at the central bank,...
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Man Investments has released a new report revealing carbon trading markets as the next frontier for the hedge fund sector. Thomas Della Casa, head of research for Man Investments said, "Carbon...
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David F. Swensen, chief investment officer of Yale University gave a speech at the 60th annual conference of the Chartered Financial Analysts Institute. Swensen achieved fame by managing Yale's...
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Dennis Block, co-chair of the corporate M&A practice at Cadwalader, Wickersham & Taft, told CNBC's "Closing Bell" that activist shareholders are unlikely to break up Citigroup....
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