27 January 09 Deephaven to Sell Flagship Fund Stark, which manages about $10 billion in assets, has agreed to pay an initial $7.3 million for the assets in Deephaven’s Global Multi-Strategy Fund. The deal also calls for Stark to pay an additional amount up to $37.2 million depending on how many Deephaven investors choose to roll their assets into funds managed by Stark and the performance of those assets, net of fees, over the next two years.
28 May 09 Stark Shuns Deephaven Investors Stark Investments, a Milwaukee-based hedge fund, has withdrawn an offer to investors of Deephaven Capital Management’s flagship global multi-strategy fund to transfer their assets into Stark’s comparable fund following its acquisition of Deephaven last month. At the time of the acquisition, Stark said it would also allow Deephaven investors to put their assets in a fund run by Specialty Fund Management Services, a newly created Stark subsidiary that would manage the assets parallel to Deephaven’s multi-strategy fund, or to liquidate the ...
where is the connection between UMC and "Deephaven's Global Multi-Strategy Fund"?
registred holder of UMC shares is: Deephaven Relative Equity trading Ltd.
Deephaven Relative Value Equity Trading Ltd. (“Deephaven”) is a wholly-owned subsidiary of Deephaven Global Multi-Strategy Master Fund LP (previously known as Deephaven Market Neutral Master Fund LP) (“DGMSMF”). Deephaven Capital Management LLC, which holds an equity interest of approximately 0.10% in DGMSMF, is a wholly-owned subsidiary of Deephaven Capital Management Holdings LLC (“DCMH”). DCMH is owned as to 49% by Deephaven Managing Partners, LLC (“DMP”) and 51% by KEP Holdings I LLC, which in turn is a whollyowned subsidiary of Knight Capital Group Inc. Mr. Colin Smith is interested in 65% equity interest in DMP. Accordingly, all the aforesaid parties are deemed to be interested in the Shares held by Deephaven.
In accordance with the Credit Suisse/Tremont Investable Hedge Fund Index (“Blue Chip Index”) Rules (the “Index Rules”), and the Credit Suisse/Tremont Sector Invest Indices Rules (the “Sector Invest Rules”), Credit Suisse Tremont Index LLC is publishing the following notice:
The following funds are in a Special Rebalancing Situation: Akanthos Arbitrage Fund, Ltd., Alexandra Global Investment Fund I, Ltd., Amber Fund (Cayman) Ltd., Ardsley Offshore Fund, Ltd., Argent Classic Convertible Arbitrage Fund Ltd., Basso Investors Ltd., Bay Harbour Partners, Ltd. Canyon Value Realization Fund (Cayman), Ltd., Castlerigg International Limited, Compass Holdings Ltd., Context Offshore Advantage Fund, Ltd., Davidson Kempner International Ltd, Deephaven Global Multi-Strategy Fund, Drawbridge Global Macro Fund Ltd., Firebird Avrora Fund Ltd, GLG European Long Short Fund Ltd, GLG Market Neutral Fund Ltd, Global Undervalued Securities Fund, Ltd., Gramercy Emerging Markets, Ltd., III Fund Ltd, Jayhawk China Fund (Cayman), Ltd., Lansdowne Macro Fund Ltd, Longacre International Ltd, Mariner Atlantic Ltd, NWI Explorer Global Fund Ltd., Owl Creek Overseas Fund Ltd, Permal Fixed Income Special Opportunities Ltd., Platinum Grove Contingent Capital Offshore Ltd., Plexus Fund Ltd., Ramius Multi-Strategy Fund Ltd., Seneca Capital International, Ltd., Shepherd Investments International Ltd, Temujin International Fund Ltd, WGTC Ltd and Zazove Offshore Hedged Convertible.