Drake to shut down two remaining hedge funds
New York (HedgeCo.Net) – Drake Management will shut down its two remaining hedge funds one month after winding down the $2.5 billion Global Opportunities Fund. The $1.4 billion Absolute Return Fund...
View ArticlePakistan fund eyes growth despite violence
LONDON (Reuters) – Political uncertainty, occasional bomb blasts and border militant insurgency do not stop Pakistan being a good investment destination, one of the first funds to target the country...
View ArticleHedge Fund Manager Launches Lettable Space Park In Romania
West Palm Beach (HedgeCo.net) – Argo Group, an emerging markets investment manager, announced the launch of The Era Shopping Park Iasi. Projected to generate EUR 18 million ($25.7 million) in annual...
View ArticleCitigroup to Liquidate Hedge Fund
New York (HedgeCo.Net) – Citigroup Inc. will be liquidating its Corporate Special Opportunities fund after losing over half its value last month, according to a report by the Financial Times. The...
View ArticleState money went to two additional hedge funds
Newark Star-Ledger – Managers of New Jersey’s embattled pension fund, criticized by lawmakers for bailing out a struggling BlackRock hedge fund in October, secretly gave two other hedge funds the same...
View ArticleSW1 Capital eyes control of hedge fund platform
Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’...
View ArticleGuinness family firm takes stake in hedge fund group
Forbes – The investment office of the Guinness family, which made its fortune in brewing, has taken a stake in 47 Degrees North and will back future fund launches, the fund of hedge funds firm said on...
View ArticleDrake to shut down two remaining hedge funds
New York (HedgeCo.Net) – Drake Management will shut down its two remaining hedge funds one month after winding down the $2.5 billion Global Opportunities Fund. The $1.4 billion Absolute Return Fund...
View ArticlePakistan fund eyes growth despite violence
LONDON (Reuters) – Political uncertainty, occasional bomb blasts and border militant insurgency do not stop Pakistan being a good investment destination, one of the first funds to target the country...
View ArticleHedge Fund Manager Launches Lettable Space Park In Romania
West Palm Beach (HedgeCo.net) – Argo Group, an emerging markets investment manager, announced the launch of The Era Shopping Park Iasi. Projected to generate EUR 18 million ($25.7 million) in annual...
View ArticleCitigroup to Liquidate Hedge Fund
New York (HedgeCo.Net) – Citigroup Inc. will be liquidating its Corporate Special Opportunities fund after losing over half its value last month, according to a report by the Financial Times. The...
View ArticleState money went to two additional hedge funds
Newark Star-Ledger – Managers of New Jersey’s embattled pension fund, criticized by lawmakers for bailing out a struggling BlackRock hedge fund in October, secretly gave two other hedge funds the same...
View ArticleSW1 Capital eyes control of hedge fund platform
Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’...
View ArticleGuinness family firm takes stake in hedge fund group
Forbes – The investment office of the Guinness family, which made its fortune in brewing, has taken a stake in 47 Degrees North and will back future fund launches, the fund of hedge funds firm said on...
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