SAN FRANCISCO (MarketWatch) -- A record number of hedge funds launched and liquidated in 2005, suggesting that the industry remains buoyant but increasingly competitive, Hedge Fund Research said Tuesday.
SAN FRANCISCO (MarketWatch) -- Vega Asset Management, one of the world's largest hedge-fund firms, and Spanish bank Banco Bilbao Vizcaya Argentaria SA unveiled a $3 billion joint venture on Tuesday that will back startup managers in the $1 trillion alternative investment industry.
WAYNE, Pa.----Feb. 28, 2006--InvestorForce, Inc., pioneers in delivering business-transforming solutions for the institutional investment management industry, will be among the exhibitors in attendance at this week's Hedge Fund Marketing Conference in New York, NY.
LONDON & NEW YORK----Feb. 28, 2006--BNP Paribas is pleased to announce the appointment of Talbot Stark, 40, to the newly created position of Global Hedge Fund Relationship Manager. In his role Talbot will optimize the firm's relationships across Fixed Income, Equity Derivatives and Commodities as well as BNP Paribas Peregrine, with the world's leading Hedge Funds.
Hedge-fund manager Marvin Friedman, 67, pleaded guilty Monday to a scheme to defraud investors out of $48 million.
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