http://www.hedgeweek.com Syndicates the latest Private Equity Wire News via RSS 2.0. Unysen RSS Feed Generator - v2.0206 Private Equity Wire Steven M. Etkind and Roger D. Lorence of US law firm Sadis & Goldberg argue that two recent rulings by the US tax authorities on deduction of hedge fund expenses may not have pleased the industry but at least provide clarity on points that have been shrouded in uncertainty for some time. Fri, 18 Jul 2008 06:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260967 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260967 As equity markets sag under the weight of bad economic news and the continuing problems of the global financial industry, short sellers are having a field day. Short bias funds shot the lights out in terms of performance in June even as the hedge fund industry as a whole slipped into negative territory for the first six months of the year. But managers need to look over their shoulders as regulators in the US and elsewhere hastily impose new controls on short selling and seek to pursue traders found to have illegitimately "talked down" their targets. Fri, 18 Jul 2008 06:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260966 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260966 Activist hedge fund manager William Ackman has suggested a rescue plan to restructure Fannie Mae and Freddie Mac which, he claims, will reduce leverage at the two government-sponsored but stock market-listed mortgage lenders. Thu, 17 Jul 2008 06:05:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260861 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260861 Market volatility, the credit crisis and increased demands of investors and regulators are combining to make hedge fund managers think about putting in place more formalised risk management controls. InteDelta can help fund managers implement appropriate. Wed, 16 Jul 2008 03:25:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=258023 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=258023 Yesterday, a former Bear Stearns hedge fund manager opened her own firm with nearly USD1bn in assets. Melissa Ko, who generated annual returns of more than 25 per cent while running the Emerging Markets Macro Fund at Bear Stearns between 2005 and 2007, has now struck out on her own with New York-based firm Covepoint Capital. Wed, 16 Jul 2008 06:05:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260670 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260670 InteDelta is a consultancy specialising in risk management, quantitative finance and systems. We can help fund managers by: • Advising on appropriate risk policies and methodologies • Helping select and implement risk and trading systems • Developing and validating quantitative models Tue, 15 Jul 2008 06:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=257860 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=257860 Troubled times bring waves of rumours and speculation. But sometimes this goes too far, especially if it leads to something more serious, even illegal. like insider trading or wilful market manipulation. Tue, 15 Jul 2008 09:02:42 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260594 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260594 Munich-based venture capital firm Wellington Partners, which has more than USD1.2bn in assets under management, has announced the opening of a US business development office, its first presence outside Europe, in Palo Alto, California. Mon, 14 Jul 2008 06:09:21 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260491 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260491 Many hedge fund managers do not have the resources to select or implement a risk or trading system. InteDelta's system selection and implementation services can help. We are independent of all vendors, so fund managers can be sure of impartial advice. Mon, 14 Jul 2008 05:00:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=257689 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=257689 As the shares of US mortgage giants Fannie Mae and Freddie Mac went into freefall on Friday, plummeting to their lowest levels in more than 17 years, short sellers were counting their winnings. The slump was prompted by concern that a government bailout would be necessary for the largest providers of financing for US home loans. Mon, 14 Jul 2008 06:05:00 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260352 http://www.privateequitywire.co.uk/articles/detail.jsp?content_id=260352