Asset Management FinanceAsset Management Finance (AMF) CorporationThe following piece on Asset Management Finance Corp is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.This story is about how Credit Suisse purchasing Asset Management Finance Corp. which provides funding to early stage hedge funds in exchange for revenue sharing on future fund earnings. It will be interesting to see if Credit Suisse significantly alters AMF's due diligence process while looking at funds, or presses them to fund Credit Suisse associated groups...___________________________________Credit Suisse Group AG, Switzerland's second-biggest bank, bought New York-based Asset Management Finance Corp. for $384 million to provide financing to investment ...

Pharos FundPharos Financial Group - Hedge FundsThe following piece on Pharos Fund is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.

___________________________________

The following is a list of resources and information that is publicly available about Pharas Fund.Pharos fund portfolio.Whitepaper on Pharos Fund. The White paper explains how the pharos fund manager makes decisions.Every letter to all investors for 2008, from the Pharos Fund and Gas Fund.Excel spreadsheet of every Pharos funds performance. So far, 2008 has a negative return on every fund.Excel spreadsheet breakdown of Sector allocations for the pharos fund.Excel spreadsheet breakdown of Sector allocations for ...

Fortress Investment Group LLCFortress Investment Group LLC - Hedge FundThe following piece on Fortress is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.___________________________________

Fortress Investment Group LLC, the manager of $18 billion in hedge funds, will open a fund to invest in the Middle East and North Africa as countries in the region seek to reduce their dependence on the oil industry.The Fortress MENA Fund LP will be managed by Philippe Peress and is set to begin trading by the end of September, according to marketing documents, which didn't say how much money the company is seeking to ...

Andor Capital Management

Andor Capital Management & Daniel Benton

The following piece on Andor Capital Management is being published as part of our daily effort to track hedge fund events in the industry. To review other hedge fund related announcements please see our Hedge Fund Tracker Tool.

___________________________________

Andor Capital Management, a US hedge fund managing about $2bn in assets, is to close down and return money to investors. Daniel Benton, co-founder of Andor, is retiring from managing outside capital after 24 years in the investment business, he told investors on Wednesday in a letter seen by the Financial Times. Andor was spun off from Art Samberg’s Pequot Capital Management in 2001. He built a reputation as a leading technology investor at Pequot, following years as a star technology analyst at Goldman Sachs.

...