Hedge Funds and CTAs

Facing its first losing streak and the uncomfortable attention of being associated with the Goldman Sachs fraud case, Paulson & Co. is planning a regulated version of its flagship hedge fund for retail investors.

The New York-based firm plans to launch the UCITS III-compliant vehicle this year. While it will be domiciled in Europe and targeted at European retail investors, the new fund will be open to all investors.

Julian Robertson has seeded a fair number of hedge fund since walking away from his own legendary shop 10 years ago. But the 78-year-old may be taking that practice professional and may reopen the New York-based firm as a seeding operation.

NewSmith Asset Management is readying a UCITS III-compliant emerging markets hedge fund.

Her letter to the New York hedge fund industry inviting them to move north having attracted no takers, Connecticut Gov. M. Jodi Rell is offering some face time.

Canadian private equity firm Onex Corp. has hired a Highland Capital Management executive to manage and expand its credit business.

PIMCO has hired two hedge fund traders as it continues to beef up its nascent equities business.

A pair of former Goldman Sachs traders has reunited to found a Europe-focused hedge fund.

Thomas de Garidel-Thoron and Herve Gallo have set up Occitan Capital Partners in London. The firm will launch its maiden hedge fund in November.

The hedge fund business has been very good to money management giant BlackRock. The New York-based firm said that its second-quarter profit nearly doubled, thanks in no small part to its acquisition last year of Barclays Global Investors, at the time the world’s 10th-largest hedge fund firm.

Tiger Management founder Julian Robertson is taking steps to ensure the legendary hedge fund stays in the family.

Alternative investments shop Rogerscasey has crossed an impressive milestone, ending the first half with $10 billion in assets under management.