Monthly Archives: May 2015
Paul Singer’s Billion Dollar Hedge Fund Is Going to War Over $58,000
Bloomberg – When it comes to hedge-fund manager Paul Singer’s defaulted-debt claims against Argentina, the billionaire has the law on his side. Actually getting paid, however, is a different matter. Read Complete Article
Argentine Bonds Fall After Hedge Fund Asks to Block Payment
Bloomberg – Argentine bonds issued under local law, which have continued to get paid after the country’s July default, declined after hedge fund Aurelius Capital Management said it’s seeking to block the payments. The nation’s 2024 bonds reversed earlier gains […]
Manny Roman Reports FUM up 7% to $78.1 Billion At Hedge Fund Man
New York (HedgeC0.Net) -Manny Roman, Chief Executive Officer of hedge fund giant Man Group, reported a a good start to the year from a performance perspective which, together with the latest acquisitions, contributed to an overall 7% increase in FUM over […]
Ex-Goldman trader Lim’s hedge fund assets hit $500 million – sources
Reuters – Guard Capital, a macro hedge fund led by two former top traders at Goldman Sachs and Noble Group will stop taking money from new investors from July 1 after a more than ten-fold increase in assets since its […]
David Einhorn’s Bearish Case Against Shale Oil Companies
New York (HedgeCo.NET) At last week’s Sohn Investment Conference, Greenlight Capital’s David Einhorn made headlines when he expressed a very bearish opinion toward fracking or shale oil companies. Einhorn argued that the costs of capturing the oil far exceed the […]
Obama Administration Warns Hedge Fund Industry
New York (HedgeCo.NET) Most of the time when you hear that the Obama administration has warned the hedge fund industry about a topic, you automatically think it is in regards to legislation about practices. That wasn’t the case at last […]
Blackstone To Hedge On Canadian Diamonds
New York (HedgeCo.Net) – Blackstone Tactical Opportunities has acquired a 20% equity position in a leading Canadian diamond exploration and development company, according to reports. Blackstone has purchased the shares from Stornoway for $250 million. The hedge fund giant also bought into […]
Bernanke To Advise At PIMCO After Testing The Hedge Fund Waters
New York (HedgeCo.Net) – The former chairman of the US Federal Reserve has joined another institution not regulated by the Fed. From now on Ben Bernanke will be lead consultant at Deutsche Bank, Pacific Investment Management Company (PIMCO), which monitors assets of […]
Greece and Germany hold talks before crunch eurogroup meeting – live updates
Guardian – The Eurogroup will gather in Brussels this afternoon to discuss Greece’s reform plans, as Athens faces another IMF repayment on Tuesday. Follow the live updates here
Jon Aisbitt to step down as Man Group Chairman in 2016
Man Group announces that Jon Aisbitt intends to step down as Chairman and as a director of Man Group plc in May 2016 at the Company’s Annual General Meeting (AGM). A committee of the Board, led by the Senior Independent […]
Hedge Fund H Partners Wins Mattress Company Fight
Forbes – Hedge fund H Partners scored a victory on Friday in its bid to unseat directors from the board of mattress giant Tempur Sealy International, indicating widespread investor dissatisfaction with the company’s financial results and management. The win, however, […]
Why Hedge Funds Love To Go Offshore
Forbes – Hedge fund titan George Soros reportedly amassed $13.3 billion in deferred hedge fund fees and investment gains on those fees by moving his assets to Ireland and then to the Cayman Islands. Hedge funds love to set up […]