Integrity Funds to Acquire Two IPS Funds
By Staff WriterNov. 23, 2004 -- Integrity Mutual Funds (IMFD) said on Tuesday that it has agreed to acquire the management rights to two IPS mutual funds...
November 29, 2004
Hamilton Lane Gets on Hedge Fund BandwagonNEW YORK (HedgeWorld.com)--Following a well-established trend of hedge fund mergers and acquisitions, private equity manager Hamilton Lane of Bala Cynwyd, Penn., agreed to buy a controlling stake in New York-based Richcourt Group, a fund of funds firm. The transaction should be completed in 15 days. Richcourt, managing more than US$1.5...
November 29, 2004
TuckerBrook Gains Financing Alternative Investment FirmBOSTON (HedgeWorld.com)--The hedge fund firm launched by former Commonfund and HVB Alternative Investment executives is making a new bet on Tuckerbrook Alternative Investments. New York-based Hardt Group is making an investment in the Tuckerbrook business and in its latest fund offering. The amount was not disclosed. On Nov. 1, Tuckerbrook...
November 29, 2004
Wellspring Teams With EPhitNU Online News Service, Nov. 29, 2004, 3:32 p.m. ESTA major wellness company has agreed to market a Utah company's Web-based health coaching services.[@@]Wellspring ...
November 29, 2004
Allianz Unit Names COO, Sales DirectorNU Online News Service, Nov. 29, 2004, 4:15 p.m. ESTA U.S. arm of a German insurer has announced 2 high-level executive changes.[@@]Allianz Life Insurance ...
November 29, 2004
The Case for Edge Funds"The difference between stupidity and genius is that genius has its limits."--Albert Einstein Many years ago, I took a girlfriend to Bermuda. There we met a lecherous English playboy married to what turned out to be a fabulously wealthy daughter of really old money. We figured this out when we...
November 29, 2004
While Health Care's Bounce May Not Last, Sub-Sectors Can BenefitNov. 22, 2004 -- Although President George W. Bush's reelection provided a nice jolt to U.S. health care stocks, it may only be a short-lived...