The world’s wealthiest private investors are planning to put more money into alternative investments over the next three years, a report says. The study said the global rich are increasingly attracted by private equity schemes and hedge funds as they offer more stable returns than shares.
If you go to Amazon.com and search for books about venture capital, you get 14,114 responses, which includes many text books. Andrew Metrick, a professor of finance at Wharton, has just written a new book on the subject — titled, Venture Capital and the Finance of Innovation. Unlike the thousands of other books on the [...]
New Uses for Hedge Funds and Record Levels of Private Equity Buyouts Drove Market GEORGE TOWN, Grand Cayman, Jan. 4 /PRNewswire/ — As we begin 2007, 2006 can be summed up in a single word, “more,” according to Walkers, the global offshore law firm of choice for fund managers, corporations, financial institutions, and international law [...]
Price Meadows Incorporated, a boutique hedge fund administrator serving approximately 200 domestic and offshore funds, has been ranked by Institutional Investor’s Alpha magazine as one of the industry’s top fund administrators. The firm was ranked #3 in the category of client service, #4 in fund accounting, and #5 in overall excellence.
Just a few weeks ago, the Amaranth hedge fund flew investors in to gloat about its incredible year to date performance. Their 30% gain since January had beaten the stock market hands down and energy trader Brian Hunter was being hailed as a market guru.
In a clear sign that United Kingdom tax authorities are keen to crack down on the tax practices of high-rolling hedge funds, GLG Partners Services Ltd., a Cayman Islands entity that distributes hedge funds run by GLG Partners LP, has settled a probe by British tax officials. Continue reading “British Tax Police Look Hard at [...]