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Prologue Hires Agency Mortgages Portfolio Manager
Alternative asset management firm Prologue Capital has named Noah Estrin as a senior portfolio manager focused on trading U.S. Agency mortgages.
TCW Cuts Hedge Fund Fees After Firing Manager
TCW Group has moved to quell investor discontent after it called its fired chief investment officer a drug user and pornography addict by cutting fees.
Sprott Chief Sees Good Things For Gold
Sprott estimates that gold, currently sitting at about $1,067 per ounce, will soar 40% to $1,500 by the end of this year.
Hedge Funds Don’t Have To Disclose Philly Debt Prices
A federal bankruptcy judge in Philadelphia denied a bid by the owners of the bankrupt Philadelphia Inquirer and Philadelphia Daily News to learn how much “the Steering Group of Prepetition Secured Lenders” paid for their roughly $179 million in debt.
Despite ’08 Troubles, HedgEnergy Surges 37% In 2009
The fund started 2009 with just $10 million in assets—down from $150 million prior July 2008, when co-founder Lee Moncrief lost his battle with cancer.
Hedge Fund Has Fight On Its Hands Over ‘Terminator’
Halcyon Holding Group, which bought the “Terminator” rights two years ago with a $30 million loan from Pacificor, is set to auction off the asset today.
Steely Touradji Cashes In On Cash For Clunkers
Commodities hedge fund Touradji Capital Management poured more than $50 million into steel companies in the fourth quarter, according to a regulatory filing.
Woori, Singapore Sovereign Fund Plan Fund Of Funds
Woori Investment & Securities of South Korea is shuttering one of its hedge funds and launching a fund of hedge funds with Singapore’s sovereign wealth fund.
Hedge Fund Rogge Adds Ex-American Century CIO
Rogge Capital Management has added an emerging markets expert to its staff of portfolio managers.
Aros Adds Marketer As Second Fund Launch Nears
The Anglo-Dutch firm has hired Louise Wachtmeister, who will focus on business development and developing the firm’s family office relationships.
Citco Bahamas Gets New Chief
Hedge fund administrator Citco Fund Services has named Dirk Simmons head of its Bahamas office.
Paulson’s Midas Touch Fails On New Gold Fund
In a rare loss for the famed hedge fund manager, John Paulson's new gold-only hedge fund had a rough first month.
Cold Snap: Hedge Funds Lose 0.71% In January
Hedge funds’ hot streak came to an end amidst the January chill, according to Hedge Fund Research.
BlueCrest Sales Chief, Fund Manager Leaves Hedge Fund
After less than five months on the job, Steve Smith is out at BlueCrest Capital Management. |