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hedge fund

September 20, 2011

Soros Fund Management, founded by legendary investor George Soros, has appointed former employee Scott Bessent as chief investment officer to oversee the family’s money.

The New York-based single family office also announced that Soros’s son Jonathan, who was co-deputy chairman, will step back from the fund’s day-to-day management, and will become chairman of the family’s foundation.

India’s security family increases stake and eyes private equity

September 9, 2011

The family behind Indian security service provider SIS Securities has upped its ownership stake in the business by buying back shares held by a US-based hedge fund, and has shifted its focus to expanding through private equity investments.

The Sinha family, which owns around 85% of Delhi-based SIS Securities, has purchased the 14% owned by DE Shaw, which had invested in the company in 2007, according to a report in India’s Financial Express.

When contacted, an SIS spokeswoman was unavailable for comment.

Are hedge funds about to become family offices?

July 28, 2011

Given that George Soros, arguably the most successful hedge fund manger ever, is turning his hedge fund into a family office are others about to follow his lead?

Some are wondering whether other big names in the industry like James Simons at Renaissance Technologies, John Paulson at Paulson & Co and David Tepper at Appaloosa Management are about to turn their hedge funds into family offices?

Over the hedge

June 3, 2009

Against the backdrop of a hedge fund industry that is estimated in 2008 to be worth $1.7 trillion, but has experienced probably its most challenging year, a number of issues face investors in the current environment.

The mysterious case of the missing due diligence

June 3, 2009

When it comes to the subject of due diligence, family offices allocating to alternatives in general, and hedge funds specifically, face a number of challenges in the post-Madoff environment.

These challenges come on many fronts which are both internal and external to a family office. The recent slew of hedge fund Ponzi schemes and failures has left many family offices questioning whether the benefits outweigh the seemingly massive risks associated with hedge funds.

Family offices to be “active allocators” to hedge funds in 2009

June 2, 2009

Family offices are to lead the way in new allocations to hedge funds this year, according to a new report.

Family offices are to lead the way in new allocations to hedge funds this year, according to a new report. Picking up the Pieces, commissioned by Barclays Capital, estimates that the hedge fund industry will see at least $50 billion of new capital flow into its coffers.

The report, based on interviews with approximately 300 investors and 100 hedge fund managers, representing $700 billion of hedge fund industry assets, names family offices and pension funds as key drivers.

Those surveyed reported holding an average of 14% of their

Whither Asia's hedge funds

November 1, 2005

On November 29 Campden Publishing will host a group of 12 hedge fund managers and private investors at its Asian Hedge Fund and Boutique Managers conference. Jackson Chan of Sail Advisors, a key participant, reports on Asia’s hedge fund industry

Jackson Chan is with Sail Advisors Limited (Sail), a subsidiary of Search Investment Group, an alternative asset management firm based in Hong Kong.