Sprott's IPO Draws Attention, Some Skepticism Christopher Faille, Senior Financial Correspondent 05/08/2008 3:18:39 PM ET TORONTO (HedgeWorld.com)—Sprott Asset Management Inc. seemed poised to price its initial public offering on Thursday [May 8], after three weeks of buildup, ... Paskewitz Enjoys Strong Performance and Asset Growth Michael S. Fischer, Senior Financial Correspondent 05/08/2008 3:02:38 PM ET EDISON, N.J. (HedgeWorld.com)—Paskewitz Asset Management's Contrarian 3X Stock Index program, which recently passed $100 million in assets under management, ... CME Officials Say Don't Blame Speculators Jacob Bunge, Financial Correspondent 05/08/2008 2:59:41 PM ET CHICAGO (HedgeWorld.com)—Senior CME Group Inc. executives added their voices to the growing chorus of futures market participants arguing that commodities ... Do Growing Commodity Assets Promote Speculation? Chidem Kurdas, New York Bureau Chief 05/08/2008 12:19:44 PM ET NEW YORK (HedgeWorld.com)—Gyrations in commodity prices and claims that speculators—often identified with hedge funds—are manipulating energy prices have ... Hedge Fund Deals Dominate Manager M&A Chidem Kurdas, New York Bureau Chief 05/08/2008 10:08:13 AM ET NEW YORK (HedgeWorld.com)—Purchases of alternative investment firms have accounted for a record 40% of asset manager mergers and acquisitions year-to-date, ... Dancing on Overturned Garbage Trucks Kristin M. Fox, Director, News & Research 05/07/2008 6:17:44 PM ET Unless you were living in a parallel universe, it was impossible to miss the market melt-down last August. August has always been a sacred and quiet ... What, CME Worry? Jacob Bunge, Financial Correspondent 05/07/2008 5:58:51 PM ET CHICAGO (HedgeWorld.com)—Despite CME Group Inc.'s stock price falling by hundreds of dollars since its high of more than $714 per share last year, officials ... BlackSquare Commodity FOF Set for Launch Michael S. Fischer, Senior Financial Correspondent 05/07/2008 2:58:54 PM ET LONDON (HedgeWorld.com)—On June 1, BlackSquare Capital LLP will launch its second new product this year and third overall, the BlackSquare Capital Commodity ... Can Hedge Fund Investors Hedge Against Crises? Chidem Kurdas, New York Bureau Chief 05/07/2008 1:44:11 PM ET NEW YORK (HedgeWorld.com)—Diversified investments in hedge funds are typically supposed to yield stable returns; after all, they are diversified across ... Harcourt 'Very Bullish' on Global Macro Martin de Sa'Pinto, Senior Financial Correspondent 05/07/2008 1:37:02 PM ET GENEVA (HedgeWorld.com)—All indicators are pointing to a United States recession, which may in fact have already arrived according to Frédéric Berney, ... Proxy Briefs HedgeWorld Staff 05/07/2008 1:14:03 PM ET Micrel on Its ‘Carefully Crafted Plan' SAN JOSE, Calif. (HedgeWorld.com)—Micrel Inc., a manufacturer of semiconductors, sent a letter to its shareholders ... Millionaires More Bearish than Affluent: Spectrem Christopher Faille, Senior Financial Correspondent 05/07/2008 12:02:23 PM ET CHICAGO (HedgeWorld.com)—Respondents to the Spectrem Group's surveys in April broke a longstanding pattern—this time the narrower millionaires' segment ... Standard Pacific Readies Africa Debt Fund Emma Trincal, Senior Financial Correspondent 05/07/2008 11:53:05 AM ET LONDON (HedgeWorld.com)— Standard Asset Management, the alternative investment management division of the Standard Bank Group, South Africa's largest bank, ... Atkins Leaving SEC Christopher Faille, Senior Financial Correspondent 05/07/2008 10:50:14 AM ET WASHINGTON (HedgeWorld.com)—Paul Atkins, who during his six years as a commissioner of the Securities and Exchange Commission has often taken a more laissez-faire ... Energy Powers S&P GSCI Surge in April Jacob Bunge, Financial Correspondent 05/06/2008 3:55:43 PM ET NEW YORK (HedgeWorld.com)—April brought robust gains in prices across energy commodities, while slides in agriculture and metals prices continued and livestock ... Paul Capital to Buy PE Assets from Hedge Funds Emma Trincal, Senior Financial Correspondent 05/06/2008 3:02:14 PM ET NEW YORK (HedgeWorld.com)—Paul Capital announced on Monday [May 5] the final closing of its ninth dedicated secondary private equity fund, Paul Capital ... Demand/Supply Fundamentals Support Oil Prices Michael S. Fischer, Senior Financial Correspondent 05/06/2008 3:54:27 PM ET LONDON (HedgeWorld.com)—Continued strong demand growth in emerging market economies, coupled with serious supply constraints within and outside the Organization ... BlackRock Gobbles $15 Billion of Impaired UBS Assets Martin de Sa'Pinto, Senior Financial Correspondent 05/06/2008 10:52:01 AM ET BASEL, Switzerland (HedgeWorld.com)—UBS today [May 6] reported losses of 11.5 billion Swiss francs ($10.95 billion) for the first quarter of 2008, slightly ... SPACs Wait for Private Equity Markdowns Chidem Kurdas, New York Bureau Chief 05/06/2008 11:49:06 AM ET This is the first in a series of articles on blank-check company investing. NEW YORK (HedgeWorld.com)—Leveraged buyouts at record prices were common ... California Drops HF Registration Proposal Christopher Faille, Senior Financial Correspondent 05/06/2008 10:07:30 AM ET SACRAMENTO, Calif. (HedgeWorld.com)—The California Department of Corporations has withdrawn a proposed amendment to its rules that would have required ... Mitsubishi Aladdin Stake a Strategic Partnership, Not an Infusion Martin de Sa'Pinto, Senior Financial Correspondent 05/05/2008 3:52:52 PM ET STAMFORD, Conn. (HedgeWorld.com)—Mitsubishi Corp., Japan's largest general trading company, has paid $40 million for a 19.5% stake in specialist fixed-income ... Citi Suffers Another HF Setback (Corrected Story) Emma Trincal, Senior Financial Correspondent 05/05/2008 3:42:18 PM ET Editor's Note: An earlier version of this story incorrectly indicated that Citigroup bought Old Lane last year for $800 billion. The acquisition cost $800 ... CFTC Takes on Fraud and False Reporting Michael S. Fischer, Senior Financial Correspondent 05/05/2008 3:51:16 PM ET WASHINGTON (HedgeWorld.com)—The Commodity Futures Trading Commission has charged a New Jersey pool operator with fraudulent solicitation and concealing ... CME Hires Singapore-based Commodities Sales Expert Jacob Bunge, Financial Correspondent 05/05/2008 3:49:47 PM ET CHICAGO (HedgeWorld.com)—CME Group Inc. has hired Nelson Low, a former executive of the Singapore Exchange, as director of commodity products for Asia, ... March Mixed for CTAs Jacob Bunge, Financial Correspondent 05/05/2008 3:48:25 PM ET NEW YORK (HedgeWorld.com)—A month of sizable swings in futures markets left commodity trading advisers tracked by the CASAM CISDM indexes down slightly ... Falcon Investors Sue Citi in Florida Christopher Faille, Senior Financial Correspondent 05/05/2008 1:25:47 PM ET WEST PALM BEACH, Fla. (HedgeWorld.com)—Babbitt, Johnson, Osborne & Le Clainche PA has filed a class action lawsuit in federal district court in south ... Merger Arb to Bounce Back Emma Trincal, Senior Financial Correspondent 05/02/2008 3:43:08 PM ET NEW YORK (HedgeWorld.com)—With the merger and acquisition market slowdown, many have pronounced merger arbitrage a dead trade. But not so fast, some experts ... Oil Up, Wheat Down in April Jacob Bunge, Financial Correspondent 05/02/2008 3:31:39 PM ET NEW YORK (HedgeWorld.com)—Crude oil was the star of the commodities show in April as it scaled new heights to trade around $120 per barrel, while wheat ... Bankruptcy: Putting the Cards on the Table Christopher Faille, Senior Financial Correspondent 05/02/2008 2:36:32 PM ET WILMINGTON, Del. (HedgeWorld.com)—The bankruptcy court in Delaware has set a date for arguments on an issue that will force it to take a side on one of ... Och Ziff Pulls in New assets; Funds Up in April Reuters 05/02/2008 1:05:11 PM ET BOSTON (Reuters)—Och-Ziff Capital Management Group, one of a handful of publicly traded hedge fund companies, said on Friday [May 2] investors added new ... CTS Blends Trend-Following and Contrarian Styles Jacob Bunge, Financial Correspondent 05/01/2008 3:54:15 PM ET DENVER (HedgeWorld.com)—The old axiom “divide and conquer” has proven effective in military engagements and politics. With financial markets resembling ... Seat Sale Puts Pressure on CME's NYMEX Bid Michael S. Fischer, Senior Financial Correspondent 05/01/2008 3:52:33 PM ET NEW YORK (HedgeWorld.com)—For the first time since the New York Mercantile Exchange announced that it was in negotiations with the CME Group Inc., the ... What Went Wrong with Hedge Funds in Q1? Chidem Kurdas, New York Bureau Chief 05/01/2008 12:31:49 PM ET NEW YORK (HedgeWorld.com)—Not much went right on the hedge fund front in the first quarter of this year. Long/short equity funds lost 6.43% year-to-date ... Drake Closing Flagship HF Emma Trincal, Senior Financial Correspondent 05/01/2008 3:38:13 PM ET NEW YORK (HedgeWorld.com)—Drake Management LLC, the $4 billion New York global macro and credit manager, is shutting down its $2.5 billion flagship Drake ... Cantwell Says Other Amaranths Lurk in Oil Markets Christopher Faille, Senior Financial Correspondent 05/01/2008 3:49:19 PM ET WASHINGTON (HedgeWorld.com)—Sen. Maria Cantwell (D-Wash.) invoked the specter of Amaranth Advisors when she spoke on energy policy and gasoline prices ... Berliner Case an Argument for 'Day-to-Day Efficiency' (Corrected Story) Christopher Faille, Senior Financial Correspondent 05/01/2008 12:47:16 PM ET NEW YORK (HedgeWorld.com)—Following Paul Berliner's settlement with the Securities and Exchange Commission, it is important to note that the price manipulation ... More Pensions Following Endowment Model Maggie Shea, Financial Correspondent 04/30/2008 6:17:40 PM ET GREENWICH, Conn. (HedgeWorld.com)—U.S. pension funds are looking to endowments and foundations for inspiration as they shake up their portfolios in search ... Haar Sets Up Tangible Commodities Program Jacob Bunge, Financial Correspondent 04/30/2008 3:55:01 PM ET BOCA RATON, Fla. (HedgeWorld.com)—Haar Capital Management LLC last month launched the Tangible Commodity Program, a new trading strategy that functions ... Och-Ziff Posts Quarterly Loss Emma Trincal, Senior Financial Correspondent 04/30/2008 3:53:43 PM ET NEW YORK (HedgeWorld.com)—Och-Ziff Capital Management Group LLC’s first-quarter results, released Wednesday [April 30], indicate that the hedge fund, while ... Judge Assigns Blame in Lake Shore Case Christopher Faille, Senior Financial Correspondent 04/30/2008 3:21:57 PM ET CHICAGO (HedgeWorld.com)—A federal court has granted a default judgment and injunctive relief against several of the defendants in the ongoing lawsuit ...