Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only IDD can deliver.
  • Investment Dealers' Digest one-month trial subscription
  • IDDMagazine.com one-month trial subscription
  • Free e-newsletters
  • Free whitepapers

Hedge Funds

News

Odeon Expands to Europe with Joint Venture

The firm has created a joint venture with London-based Hobart Capital Markets called Odeon Hobart Partners, a new division located in London that will focus on high yield transactions.

BTIG Hires Director For Equity Sales Trading Business

BTIG, a broker dealer specializing in institutional trading and related brokerage services, said on Tuesday it hired Michael Nethercott as a director in equity sales trading.

Hennessee Hedge Fund Index Lagged Equity Markets in July

The Hennessee Hedge Fund Index, a measure of more than 1,000 funds tracked by the firm, gained 1.91% in July, while the S&P 500 rose 6.88%, the Dow Jones Industrial Average was up 7.08%, and the NASDAQ climbed 6.90%.

Och-Ziff Reports $89.4M Second Quarter Loss

Och-Ziff Capital Management Group LLC, a multi-strategy hedge fund manager, said on Tuesday it recorded a GAAP net loss of $89.4 million, or $1.05 per share, in the second quarter.

New Timeshare ABS Deal Closes Amid Market Uncertainty

Wyndham Worldwide Corp. said it completed a term securitization transaction involving the issuance of $350 million of investment-grade ABS notes called Sierra Timeshare 2010-2 Receivables Funding.

More

Articles

Does M&A Wave Loom for Smaller Hedgies?

Investor preference for the biggest hedge funds leaves others struggling to stay afloat as compliance costs climb.

Hedgies Likely Want to Forget Q2 Performance

After a rough second quarter, many managers are scrambling to stave off redemptions and stay afloat

KKR Vet Joins Tennenbaum

Tennenbaum Capital Partners, which specializes in troubled assets, hired Geoffrey Jones as a principal in anticipation of an ongoing need for backers of distressed businesses.

CLO Market Attracts Private-Equity Funds

Large private-equity firms are buying up collateralized loan obligations to generate higher returns for their investors, and the purchases have helped resuscitate a market that was in severe distress just a year ago.

Turnaround Firm Grows in N.Y.

Ex-Traxi pro helps MorrisAnderson with East Coast expansion.

More