P&I news: Nexar Capital buys hedge fund-of-funds firm Ermitage http://ow.ly/1ctfyP – by P_and_I (Pensions&Investments)

Investment Week

Hedge-Fund Industry Gained Average of 0.4% in August, Research Firm Says Bloomberg Hedge funds rose an average 0.4 percent last month, led by managers who bet on economic trends, Hedge Fund … Cautious Hedge Funds Outperformed Broad Market In AugustWall Street Journal August is another cruel month for hedge fundsReuters Hedge funds limit losses in AugustMarketWatch FINalternatives -The Guardian -Investment Week all 63 news articles »

Source: Hedge Fund – Google News

Investment Week

Gartmore Fund Said to Back Away From Firm New York Times (blog) Gartmore Growth Opportunities may be breaking away from its namesake hedge fund management firm, The Financial Times reported. The fund notified Gartmore it … Small caps head quits GartmoreFT Adviser Gartmore's troubles continue, may lose mandateOpalesque all 9 news articles »

Source: Hedge Fund – Google News

Hedge fund firm CQS bets credit rally can last Reuters LONDON (Reuters) – Hedge fund firm CQS is betting on a further improvement across credit markets, believing cheap valuations and a … and more »

Source: Hedge Fund – Google News

Firm Roils as Married Duo Calls It Splits at UK's Ikos Wall Street Journal The incident shows how Ikos faces a challenge beyond navigating the turbulence that has rattled the hedge-fund industry. Ikos, one of Europe's oldest …

Source: Hedge Fund – Google News

UK SFO Drops Probe Of Hedge Fund Firm Dynamic Decisions Wall Street Journal LONDON (Dow Jones)–The UK Serious Fraud Office has dropped an investigation against UK hedge-fund firm Dynamic … UK Fraud Office Drops Probe of Hedge Fund Dynamic DecisionsBusinessWeek SFO ends probe into fund firm Dynamic DecisionsReuters Dynamic Decisions Cleared In British ProbeFINalternatives all 9 news articles »

Source: Hedge Fund – Google News

Hiring continues at ex-Goldman prop trader’s new firm Pierre-Henri Flamand, the former head of Goldman Sachs’s principal strategies business, has made another senior hire to his fledgling firm – one that will reunite two ex-UBS colleagues at this year’s most-anticipated hedge fund startup. Read more on eFinancial News

Firm hiring Travaglini won contracts under his watch The Chicago-based hedge fund hiring Michael Travaglini away from the state pension management team survived the pension fund’s downsizing of its hedge fund portfolio last fall and landed a major asset management contract under his watch, the News Service has learned. Read more on Dover-Sherborn Press

Boston Globe

Mass. State Fund Chief to Join Hedge Firm New York Times (blog) According to The Boston Globe, Mr. Travaglini is leaving the pension fund, one of the first to make big bets on hedge funds, in large part due to state pay … Insider might head pension fundBoston Globe Mass. state fund chief leaving for hedge fund firmReuters Ties surface in pension chief's exitBoston Herald Emii.com -Pensions & Investments -FINalternatives all 40 news articles »

Source: Hedge Fund – Google News

Boston Globe

Mass. state fund chief leaving for hedge fund firm Reuters BOSTON, May 25 (Reuters) – The executive director of Massachusetts' $44 billion state pension fund, one of the first to make big bets on hedge funds, … Goodbye MassPRIM, hello Grosvenor for TravagliniPensions & Investments Mass. PRIM's Travaglini To Join Grosvenor CapitalFINalternatives Pension fund chief to departBoston Globe Boston Globe all 29 news articles »

Source: Hedge Fund – Google News