From the category archives:

Hedge Fund News

New Hedge Funds to September 26

September 26, 2008

Amid ongoing liquidations in the face of poor performance and difficult fund-raising, there has been quite a lot of hedge fund launch activity in the past few weeks. Astra Investimentos (Sao Paulo, Brazil) has launched the Astra Credit Fund. The Vallea Fund is a joint venture of Laven Partners (UK) and Vallea Capital. The Venus […]

Read the full article →

Hedge Fund Performance Fees Disappearing, and Bonuses With Them

September 24, 2008

Deal Journal reports a few sobering industry statistics generated by Eurekahedge. 15% more funds have closed during the first half of this year, than during the same time in 2007, and launches have slowed as well. Industry growth, in terms of number of funds, is nearly flat. More seriously, data that is already almost two […]

Read the full article →

“Resume flow like there’s no tomorrow”

September 15, 2008

Highlights from today’s Reuters article colorfully titled, “Lehman, Merrill to pound already bloody job market“: The total let go from Merrill Lynch may be around 24,000 “The resume flow will start on Monday like there’s no tomorrow,” according to one recruiter cited It’s looking like 2008 job cuts in the financial sector may surpass the […]

Read the full article →

Hedge Fund Employment News Roundup

September 9, 2008

A few recent clippings from the press. And this article is worth a quick gander for some timely tips on career management. UBS restructuring compensation. A “phantom equity” scheme would reward employees according to the performance of their unit within the firm. And the firm’s budget for employee compensation will shrink by one-third this year. […]

Read the full article →

Hedge Fund Launches to August 29

August 29, 2008

A slow time for hedge fund launches. Citadel (Chicago) aims to launch a new global macro fund. The Debt Market Opportunity Fund, investing in Australian mortgages, is run by Macquarie Funds Management. The Global Opportunity Strategy Fund is from Advent Capital Management (London and New York).

Read the full article →

Hedge Fund Base Pay & Bonus: 2007 vs. 2008

August 22, 2008

Hedge Fund Search Digest’s 2007 Hedge Fund Compensation Report concluded, “For hedge fund firms to attract and keep the best players, some changes need to take place. The study shows notable turnover in the smaller funds. It is well known that small funds don’t have the large management fees to support high compensation increases in […]

Read the full article →

Hedge Fund Launches to August 15th

August 19, 2008

Intrepid managers, both veteran and green, continue to launch hedge funds despite uncertain market conditions and a challenging fund-raising environment. Here are hedge fund launches reported during the last two weeks. Ansbacher Investment Management (New York) will launch a new strategy in equities this quarter. James Pallotta will leave Tudor Investment Corp. to found his […]

Read the full article →

← Previous Entries

Next Entries →