Monthly Archives: May 2015
Paulson’s Hedge Fund Bets $800M on AIG
Insurance Journal – Billionaire John Paulson’s hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance industry. The New […]
Father And Son Charged With Hiding Insider Secrets In Golf E-mails
New York (HedgeCo.Net) – A father and son in New York have been charged with conducting a serial insider trading scheme involving tips of key nonpublic information in coded e-mail messages disguised as discussions about golf. The scheme generated approximately $1.1 […]
Recovered Citadel chief takes the hedge fund throne
CNBC – In April, a hedge fund firm in Chicago snagged arguably the most sought after economic mind in the world: Ben Bernanke. “He has extraordinary knowledge of the global economy,” Citadel founder and CEO Ken Griffin crowed in a […]
Scots tycoon Greg King at the centre of £400m hedge fund collapse refuses to apologise to investors on flying visit home
Daily Record – The elusive tycoon at the centre of a criminal probe into a £400 million hedge fund collapse has jetted back into Scotland. But Greg King refused to apologise to investors after returning to his native Glasgow on […]
Top U.S. hedge funds boost Alibaba stakes in first quarter
Reuters – Top U.S. hedge fund managers increased their stakes in Alibaba Group Holding Ltd (BABA.N) at the end of the first quarter, positioning themselves to take advantage of any upswing after the Chinese e-commerce company’s stock took a beating […]
Barron’s Best 100 Hedge Funds: 2015 List
Barron’s – Equities dominated Barron’s Penta top 100 hedge fund rankings for the second straight year on the back of a record-breaking bull market now well into its seventh year. Once again, Larry Robbins’ Glenview Offshore Opportunity fund claimed the […]
Blackstone Buys Hedge Fund Shares, Property in Europe
New York (HedgeCo.net) – Hedge fund investor Blackstone Group has bought a minority stake in $13.6 billion multi-strategy hedge fund Magnetar Capital LLC, the WSJ reports. “This transaction will help us continue to meet the objectives of our most important […]
Hedge Funds Close Doors, Facing Low Returns and Investor Scrutiny
NYT – For decades, nearly everything that the billionaire Julian Robertson touched turned to gold. Mr. Robertson, founder of the hedge fund Tiger Management, seeded a network of hugely successful “Tiger Cubs” — companies that in turn seeded more talent. […]
Money Flowing in to Hedge Funds Increases
New York (HedgeCo.Net) – Not only are investors placing more money with hedge funds, they are doing so at the fastest pace in the past year. The SS&C GlobeOp Capital Movement Index rose 0.92% in May and that is the […]
Benevolent Side of Hedge Funds on Display
New York (HedgeCo.Net) – Hedge fund managers may have the reputation of being greedy, but they can also be very generous. Tuesday night was the annual Robin Hood Foundation’s benefit in New York. The Robin Hood Foundation was founded by […]
Chartered Alternative Investment Analyst (CAIA) Association Launches Cayman Islands Chapter
AMHERST, MASS. (May 14, 2015) – The Chartered Alternative Investment Analyst (CAIA) Association, a global leader in alternative investment education, is announcing the launch of its newest Chapter: CAIA Cayman Islands. CAIA’s 22nd global chapter, CAIA Cayman Islands will support […]
Centaur Marks Five Year Anniversary
User Contributed News – Centaur has achieved a significant milestone by reaching its five year anniversary. In this time, Centaur has achieved exceptional growth in client numbers, employees and revenues. Highlights from the past 5 years include: · An original […]