Monthly Archives: June 2013
Hedge Fund Association and Agecroft Partners Announce Hedgeopolis New York
The Hedge Fund Association and Agecroft Partners are teaming up to create one of the top hedge fund conferences in the world. Hedgeopolis New York will be held in New York City at The Metropolitan Club on November 4, 2013. Conference speakers […]
Hedge Fund Finds Buyer for Manhattan Lehman Mansion
Bloomberg – A Manhattan mansion owned and restored by hedge fund Zimmer Lucas Capital LLC is under contract more than a year after it was put on the market. The buyer of the five-story townhouse at 7 W. 54th St. is a […]
Hedge fund guru Paulson cashes in on CNO wager
IBJ – John Paulson, who made $15 billion betting against real estate and then saw his fortune shrink as gold slumped, is proving to be an effective insurance investor. Paulson’s hedge fund has more than doubled its money on Carmel-based […]
U.S. hedge fund Scout steps up pressure on Tim Hortons
Reuters – Scout Capital Management, a U.S. hedge fund, said on Tuesday it is urging Canadian coffee and doughnut chain Tim Hortons to increase its debt levels in order to fund a share buyback, measures that Scout say should help […]
Hedge Fund Glenview Capital Wants New Healthcare Board Of Directors
New York (HedgeCo.Net) – Hedge fund Glenview Capital Management LLC, which owns 14.6% of the common stock of Health Management Associates, Inc. today (25th) filed a preliminary Consent Solicitation Statement nominating eight industry leading candidates to replace the current Board […]
Ex-Bank of America trader launches credit hedge fund-source
Reuters – Veteran credit trader Iftikhar Ali is launching his own hedge fund firm, a source close to the new company told Reuters, as traders look to cash in on turbulent bond markets. Ali, former head of international proprietary credit […]
Hedge Fund Billionaire’s Conviction Upheld By Appeals Court
New York (HedgeCo.Net) – A panel of judges from the federal appeals court yesterday upheld the conviction against hedge fund founder Raj Rajaratnam. Rajaratnam was pleading on the grounds that the wiretapping evidence was not acquired legally by the US government. His lawyers, in […]
Ex-banker faces off against China bears with hedge fund
Reuters – Paul Conway’s eventful career in China included advising companies on stock offerings and overseeing a messy business restructuring — the latter stint forcing him to hire a bodyguard to fend off harassment from local thugs. Now the 43-year-old former banker […]
Hedge Fund Nomad Turns Art Dealer, Opens Her U.K. Gallery
Bloomberg – Born in Pakistan, Kashya Hildebrand spent 19 years working on Wall Street before starting anew as an art dealer in Geneva. In keeping with a life she characterizes as nomadic, she’s now moving her gallery to London from […]
Hedge fund Scout Capital is betting on Tim Hortons
MarketWatch – Scout Capital Management, a hedge fund managed by James Crichton and Adam Weiss, has reported a position of 8.4 million shares in Tim Hortons in a 13D filed with the SEC. The fund had initiated a position of 2.3 […]
Hedge fund CEO emerges as top Emanuel troubleshooter
Chicago Tribune – When Chicago aldermen wanted answers on Mayor Rahm Emanuel’s new parking meter deal, they heard the details not only from a City Hall lawyer and administrator but from a rich and influential businessman who has no official […]
BTS Tactical Fixed Income Fund converts from Hedge Fund to an 40 Act Mutual Fund
New York (HedgeCo.Net) – BTS Asset Management announced the conversion of the BTS Tactical Fixed Income Fund LLC from a hedge fund to a 1940 Act mutual fund. The BTS Tactical Fixed Income Fund (BTFAX, BTFCX) has a goal to […]