Author Archives: Editor
Hedge Fund Cover Without the Hedge Fund Fees
Bloomberg – Most people think hedge funds aim to shoot the lights out and return a zillion percent. The funds are mocked for not beating the S&P 500 Index, which is up 136 percent over five years. Not to defend […]
It’s hedge funds that should ‘get no respect’
MarketWatch – Rodney Dangerfield was famous for saying, “I don’t get no respect.” Hedge funds, in my opinion, are the flip-side of Rodney Dangerfield — they get too much respect. In 2013, almost $64 billion of new money was invested […]
Hedge funds: the mysterious power pulling strings on Wall Street
Guardian – Hedge funds, those financial funds run by extraordinarily rich men, are going mainstream. Not content to be investments for just the super rich and super connected, they are starting to offer services to the average investor A good […]
KKR liquidates former Goldman Sachs traders-run hedge fund
Reuters – KKR & Co LP said on Sunday it had decided to terminate a hedge fund that invested in stocks which the private equity firm had launched in 2011 after poaching a team of proprietary traders from investment bank […]
The $1 Billion Club – Largest Hedge Fund Managers Dominate
New York (HedgeCo.Net) – There are currently more than 500 hedge fund managers with $1bn or more in assets under management. With these firms representing approximately 90% of total industry assets, they make up a significant proportion of all capital managed by hedge funds. […]
Hedge fund manager charged in Carter’s insider trading probe
Reuters – A New Jersey hedge fund manager pleaded not guilty on Thursday to charges he traded on inside information about the children’s clothing company Carter’s Inc, according to court papers. Steven Slawson, the co-founder of Titan Capital Management, is […]
Ziffs Shut Down Hedge Fund, Shift Way Wealth Is Managed
WSJ – The billionaire Ziff brothers are shutting down the last multibillion-dollar hedge fund that invests their family fortune, one of the biggest such pots of money in the U.S. The three brothers, heirs to the wealth created by their […]
Falcone to FCC: ‘Take action’ to reverse hedge fund losses
NYP – Billionaire investor Phil Falcone is turning up the heat on Uncle Sam. Falcone, whose Harbinger Capital hedge fund owns the bankrupt LightSquared, a high-speed wireless start-up, is asking the Federal Communications Commission to take “immediate” action to stem […]
Hedge Fund Analyst Admits To Insider Trading
New York (HedgeCo.Net) – A former analyst at hedge fund Artis Capital Management LP pled guilty in New York federal court on Wednesday to an insider trading scheme involving Brocade Communications Systems Inc.’s $3 billion acquisition of a technology company. […]
Hedge fund executive pays for anti-Jacobs ads
Sioux City Journal – New York hedge fund executive Robert Mercer is the person behind TV ads that have criticized Republican U.S. Senate hopeful Mark Jacobs and praised Joni Ernst, according to a filing with the Federal Election Commission on […]
Ackman Said to Plan Public Hedge Fund in London
NYT – One of Wall Street’s boldest investors, the billionaire hedge fund manager William A. Ackman, is building an unusual multibillion-dollar war chest. While hedge funds typically raise funds privately, the founder of the $13 billion Pershing Square Capital Management […]
Hedge Fund Manager Steven Cohen’s Case Delayed
New York (HedgeCo.Net) – People from US prosecutor Preet Bharara’s office have asked for a extension on a stay that has been in place since August in the case against Steven Cohen, the NYT reports. “Prosecutors want the proceeding stayed pending the […]