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October 31, 2007

British hedge fund wants quick meeting with Generali

British hedge fund Algebris Investments, pushing for a management shake up at Italian insurance giant Generali, said Wednesday it wanted a quick meeting with top shareholders.

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Citigroup buys fixed-income hedge fund Carlton Hill

(Adds information in third and fourth paragraphs, including details about Carlton Hill not having actually launched a fund yet.) NEW YORK (MarketWatch) -- Citigroup Inc.'s alternative investments unit agreed to buy Carlton Hill Global Capital LLC, a hedge fund specializing in credit derivatives. Carlton Hill, a New York firm with 12 employees, was founded last year by two Morgan Stanley alumni,

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Compensation Survey Reveals Insights Into Hedge Fund Industry

A survey conducted by Job Search Digest , a job search website focused on the Hedge Fund industry, revealed key insights into the world of hedge fund compensation.

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Investment adviser Mark Lay convicted over Workers’ Comp hedge fund loss

Akron- A federal court jury on Tuesday convicted an investment adviser who managed a hedge fund that lost $216 million invested by the Ohio Bureau of Workers' Compensation.

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Hedge fund manager says Baltic markets are poised to fall

John Bennett, who oversees GAM's European Equity Hedge Fund, says stock prices in developing economies are rising too quickly and that the first markets to burst will be those of Lithuania, Latvia and Estonia.

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