By Simon Kerr, Publisher of Hedge Fund Insight HFI has been tracking the trends in employment of American hedge funds in London since 2010. The links below this article show two of the previous related articles. What prompted today’s article was the release of results from Fortress Investment Group – a company that has […] Read more »
Millennium’s Persistent Growth Makes it the Daddy of American Managers in London
By Hedge Fund Insight staff For many years Louis Bacon’s Moore Capital had the largest London operation of any American hedge fund, whether measured by assets under advisement or staff. That Bacon himself was often based in the English capital just reinforced the significance of the European footprint of the firm. But Moore Capital is […] Read more »
UK Tax Plans Snare Big US Hedge Funds – Graphic of the Day
Last week the “Financial Times ” ran a story that the UK tax authorities (HM Revenue & Customs) were looking to tackle the disguising of employment relationships through limited liability partnership structures and the manipulation of profit and loss allocations to achieve tax advantages. The Table Below Shows 15 of the largest 25 hedge fund […] Read more »
Millennium Capital Leads the Large US Managers in Europe
One of the consequences of the Credit Crunch of 2008/9 was a scaling back by hedge fund managers – they cut their gross, they restricted redemptions, and, in managing their companies through a traumatic period for the industry, the larger managers often reduced headcount or closed their offices in Asia and London. When there were […] Read more »