VENTURE CAPITAL POST

Cayman Islands and 25 European countries signed MOUs for continued hedge funds marketing in the EU.

Hedge funds sees a decline for the first time in eight months

Last Wednesday, US regulators lifted a long time ban on advertising by hedge funds and other firms.

The US$2.25 trillion hedge fund industry continued to be hit by June sell-off because of Fed Chairman's remarks.

BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.

Billionaire Steven A. Cohen's hedge fund firm posted a 1.5% even if it was under US investigation and on the verge of market selloff.

Investment banks were eyeing hedge funds due to Goldman Sachs fund earnings of about US$58 million in not more than two months.

Relational Investors LLC received 25% and 33% in their fiscal year and announced company consolidation process to turn the mid-cap and large-cap into one a single fund.

Brevan Howard's trader who was supposedly involved in Libor investigation left the hedge fund.

Investors used the mid-year point to review fund portfolios making requests to pull out cash from hedge funds increase in June.

Macro hedge funds are using the recent sell-off in the Mexican peso as a buying opportunity.

China eyeing lowering bar for becoming QFII -sources