Activist Shareholders
Hedge Fund Acquisitions: Alaris/Concept Capital Markets
New York (HedgeCo.net) – Hedge fund manager and investor, Concept Capital Markets, LLC., has been acquired by hedge fund broker/dealer Alaris Trading Partners, LLC. “Bringing our two companies together will allow us to capitalize on each other’s best practices, enhance our already high level of customer service, and provide our customers with an expanded offering” [...]
Nanotech Investor Gets $11 Million Funding by U.S. Department of Energy
Hedge fund investor Nanostart’s holding Nanosys Inc. has received funds from the U.S. Department of Energy (DOE), as part of the DOE’s larger mission to accelerate the development and deployment of advanced vehicle technologies through targeted programs aimed at increasing vehicle efficiency. The new innovations will enable Electric Vehicles (EVs) to travel 300 miles on [...]
Man expands AHL presence to create standalone CTA trading team in Hong Kong
Hedge fund giant Man Group plc has expanded it’s Hong Kong AHL division – Man’s quantitative managed futures manager – to 11 (from five), making it one of the first and largest CTAs to create a standalone trading operation in the city. The new trading operation in Hong Kong covers 49 Asian markets, trading around [...]
Hedge Fund Manager Viathon Acquired By Medley Capital
NY-based Medley Capital LLC has announced the acquisition of credit hedge fund manager Viathon Capital LP and all its related entities. “This transaction combines the analytical and credit strengths of the two organizations.” Brook Taube, Managing Partner at Medley said. “Having known the Medley team for some time, I am excited about the opportunity to [...]
Man Group Buys $800 Million Hedge Fund Ore Hill
Hedge fund giant Man Group plc., yesterday entered into an agreement to take full ownership through its US subsidiaries of Ore Hill Partners LLC and Ore Hill Partners Capital Management LLC (together, Ore Hill). “We are extremely excited to add Ore Hill to the GLG platform.” Raffaele Costa, Man’s Head of Sales for North America and Europe, [...]
Nordea Investment Commentary: Egypt
(Nordea Investment Strategy & Advice) – Our strategy sees no reason to change our tactical investment recommendations in response to events in Egypt. However, we do continue to monitor the developments and will post any changes in our investment strategy. Neither the U.S. or the EU has made any concrete changes in their relationship with [...]
Ramius Challenges Immersion Choice of Directors
Alternative investment and hedge fund advisor Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC., (Ramius) has challenged the board of top touch technology company Immersion to elect a new Director. Ramius also nominated a list of directors for presentation at Immersion’s 2011 annual meeting of shareholders. “As Immersion’s largest shareholder, we have [...]