Monthly Archives: September 2018

(Reuters) – An offshore hedge fund firm whose investing was led by money manager Philip Falcone will pay $30 million to resolve claims it knowingly evaded hundreds of millions of dollars of New York state and New York City taxes, […]

(Bloomberg) Eddie Lampert’s hedge fund has a new plan for cutting Sears debt. The main beneficiary would once again be Eddie Lampert’s hedge fund. Lampert, Sears Holdings Corp.’s chief executive officer, called this week for the underperforming retailer to stanch […]

(Hedgeweek) This report examines how intense trading-focused relationships between prime brokers and hedge funds are evolving into sophisticated, deep data models driven by technology as prime brokers strive to compete and make themselves indispensable to clients. To read this article:

(Bloomberg) A weaker pound and rally in U.S. markets have prompted activist investors including billionaire Paul Singer’s Elliott Management Corp. to increasingly target U.K. companies, outstripping the number of public campaigns by locally based funds. Sixty percent of the Britain-based […]

(Hedgeweek) High management fees are a key hindrance preventing pension schemes from investing in hedge funds, followed closely by a lack of transparency regarding additional costs, according to the latest survey by AMX. The research by AMX, an open architecture […]

(Bloomberg) Ken Griffin, chief executive of hedge fund firm Citadel, said that there are at least 18-to-24 months left in the market rally, thanks to the “giant adrenaline shot” of the U.S. tax overhaul. “We are in this debt-fueled buying […]

(Plan Sponsor) A court agreed that the Kentucky Retirement System board of trustees were permitted by law to choose alternative investments one city claimed produced small returns and high fees….Meanwhile, a lawsuit alleging investment firms sold investments to KRS that […]

(Commercial Observer) ExodusPoint will grow by 17,832 square feet, bringing its footprint to 35,710 square feet on the entire ninth and 10th floors of the building at 65 East 55th Street in Midtown East,The hedge fund, which launched in June […]

(Citywire) Former star absolute return fund manager David Crawford is refusing to be swayed by a punishing six months for his City Financial Absolute Equity fund that has seen the fund slump 30%. To read this article:

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for September 2018 measured 3.35 per cent, up from 2.73 per cent in August. To read this article:

(Hedgeweek) Victory Capital is to acquire Harvest Volatility Management (Harvest), a specialist in derivative asset management with approximately USD12 billion in assets under management (AUM) as of 31 July 2018. To read this article: