Author Archives: Editor
Hedge fund honcho sues ex-Wonderbra model in rental feud
NY Post – A beautiful model known as “Miss Wonderbra’’ is nothing but an ugly landlord who raked in more than $1 million in rent for a leaky, vermin-infested dump in Gramercy Park, one of her former tenants charges in […]
Achica sells stake to hedge fund giant Lansdowne Partners
Retail Week – Lansdowne Partners, one of the world’s biggest hedge funds, has taken a stake in Achica, the online homewares site set up by Asos co-founder Quentin Griffiths. Documents filed at Companies House, which detail Lansdowne’s investment, show that […]
Hedge Funds Are Digging Gold Miners
WSJ – All that glitters isn’t gold—at least for the investors who are eschewing the precious metal in favor of the companies that mine it. After years spent in the shadow of gold, miners are back in favor, driven by […]
Hedge Fund People: Patrick Henry Named New Leader of Deloitte’s Investment Management Practice in US
New York (HedgeCo.Net) – A partner with top hedge fund service provider, Deloitte & Touche LLP has been appointed vice chairman and leader of the cross-functional investment management practice in the United States. Patrick Henry succeeds Cary Stier, who has expanded […]
Novel Concept is Not So Novel: Hedge Fund Charges Flat 1.25% Fee
What’s the old saying about imitation and flattery? Bloomberg News’ Kelly Bit has the scoop on a former Bridgwater Associates hedge-fund analyst whose new fund has no performance fee — just a flat management fee of 1.25% of assets. If […]
Alternative Investment Strategies Can Hedge Against Rising Interest Rates
Financial Adviser – In an environment in which equities are near record highs and most areas of credit no longer offer compelling risk/reward profiles, many advisors are struggling with the same challenge: how to construct a portfolio that can generate […]
Hedge funds caught short as 21st Century Fox, Sprint deals collapse
The Australian – On a day some traders dubbed “Arbageddon”, hedge funds who bet on big corporate takeovers, known as arbitrageurs, suffered their worst rout in years after two deals fell apart and regulators indicated they may take steps to […]
Summertime Living Isn’t Easy for Macro Funds
WSJ – The market’s summer stumble has dealt a new blow to a group of macro hedge funds that seek to anticipate trends in global markets. Graham Capital Management LP has laid off more than 10% of its staff, or […]
Ex-Temasek Manager Welch Starts Asia-Focused Midcap Hedge Fund
Bloomberg – Mathew Welch, a former Temasek Holdings Pte managing director, is starting a hedge fund that invests in small and midcap firms in Asia’s developing markets where he said companies are undervalued. The ACA Asia Dorset Fund already has […]
HedgeCoVest Named as a Presenter at the National Finovate Fall Conference in New York
New York (HedgeCo.Net) – HedgeCo Networks, LLC, a preeminent service provider to the hedge fund industry will unveil HedgeCoVest, their new, real time hedge fund replication platform, at the national Finovate conference on September 23-24, 2014 in New York. Finovate […]
Bruce H. Lipnick to Speak at the Summer NYC VC & Angel Conference
New York (HedgeCo.Net) – The Soho Loft and VC and Angel Network FundingPost have invited Bruce H. Lipnick, CEO and Founder of Asset Alliance Corporation, CrowdAlliance and Ver-On-Demand to speak in a Crowdfunding Panel at the Summer NYC Venture Capital & Angel […]
Caesars Hedge Fund Debt Battle Triggers Dueling Lawsuits
Bloomberg – Caesars Entertainment Corp. (CZR)’s negotiations with noteholders challenging efforts to restructure $12.7 billion in debt spilled into court, as the casino company claimed hedge funds want to force a default while a bond trustee alleged Caesars is squandering […]