Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

Court Orders London Hedge Fund to Liquidate

Sep 09, 2013
Jing Chen

Hedge fund firm Ebullio Capital Management is liquidating its master fund after Singapore-based Noble Group won a court order.

Bloomberg reported that Judge Andrew Jones of the Cayman Islands Grand Court accepted agricultural and energy products trader Noble’s petition, which accused Ebullio Capital of failing to pay $4.9 million for breaching two copper contracts.The judge has already assigned the hedge fund's liquidators.

Ebullio Capital, which filed for arbitration against Noble, claimed that it had an oral agreement with Noble to roll over the contracts and said they should not have been terminated. 

London-based Ebullio Capital manages about $250 million in assets.

 

Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More