Hedge Funds Climb Along with Moods on Wall Street

Optimism has taken hold of hedge fund managers lately as the major indexes, such as the Eurekahedge Fund Index and MSCI World Index show gains in the month of July. This month’s gain continues a 5 month upward trend for hedge fund managers. According to the Eurekhedge Index, July posted a 2.1 percent gain, while …

What are Taft-Hartley Pension Funds?

As our financial crisis continues to become more complex and difficult to fathom, many different types of funds are being discussed in the news. One type of fund that is frequently discussed is the Taft-Hartley Pension Fund. These funds came into existence as a result of an act of congress in 1947 as part of …

NEW Yen fund to invest in US with minimized currency risk – Laurus-Valens – Eugene Grin

Laurus-Valens, the New York based investment advisory firm, announced the launch of the Valens Yen Fund. Valens, which currently oversees approximately $1.6 bln in assets and runs a variety of funds, launched the yen fund with assets of 1 bln JPY.   The Fund has been designed specifically in response to Japanese investor interest in …

JAY B. DREZNER JOINS LAURUS-VALENS AS SENIOR INVESTMENT ANALYST

Dennis Pollack, partner and senior managing director at Laurus-Valens, an investment management firm specializing in investments in small and micro cap companies, announced that Jay Drezner has joined Laurus-Valens as a senior investment analyst. Mr. Drezner has an extensive 9 year background in the finance and investment banking industry. “I am truly pleased that Jay …

House Crunch effecting Hendge Fund Farallon Capital Management

TCM reports: “The housing crunch continues. The Los Angeles Times Land Blog has a stunning report on just how bad real estate prices have fallen in California during the past year. According to the California Association of Realtors press release, the median sales price of an existing home fell by a whopping 26.2% from a …