Author Archives: Editor
Windfall for hedge funds and Russian banks as IMF rescues Ukraine
Telegraph – Ukraine has secured an emergency bail-out of up to $18bn (£10.9bn) from the International Monetary Fund to stave off imminent default but will see no debt relief and will be forced to slash spending amid dangerous civil conflict. […]
Ben Bernanke Dines With Hedge Fund Billionaires In New York As He Rakes In The Big Bucks
Forbes – A couple of months after stepping down from the job in which he is credited with averting a global financial crisis that could’ve eclipsed the Great Depression, Ben Bernanke appears to be enjoying his time alongside billionaires and financiers. The […]
OVS Hedge Fund Will Close as Founder Morland to Retire
Bloomberg – OVS Capital Management LLP, a $310 million London-based hedge-fund firm, is shutting after founder Sam Morland decided to retire. OVS will close its OVS Capital Fund and return all money to investors, Nick McEwen, the firm’s co-chief executive […]
Decosimo Principal Chairs National Hedge Fund Due Diligence Forum
New York (HedgeCo.Net) – Decosimo, a Top 100 accounting and business advisory firm, is the lead sponsor for the Hedge Fund Due Diligence Master Class hosted by the Financial Research Associates (FRA) March 25-26 at New York City’s Princeton Club. […]
Hedge Fund Founder Carl Icahn Blasts ‘Liar Gate’ In eBay Tirade
New York (HedgeCo.Net) – Activist investor and hedge fund founder has released the following article: A Watershed Moment for Stockholder Participation. “For many years I have been a proponent of active participation by stockholders in public companies. Stockholders are like […]
Activist hedge fund Elliott seeks to seize Argentina’s satellites
ValueWalk – NML Capital Ltd, a unit of Elliott Management Corp., is suing Argentina in California to seize two satellites the country is planning to launch into space. Elliott is operated by activist hedge fund manager Paul Singer. According to court documents, Argentina […]
Hedge Funds Unlikely Saviors for New York-Area Homeowners
Bloomberg – Louis Ragusa, who hasn’t paid his mortgage in two years, says he now has a chance to save his Blackwood, New Jersey, home from foreclosure after a hedge fund bought the loan. American Homeowner Preservation, a Chicago-based investment firm, purchased the […]
Hedge funds position for further Russia sanctions
CNBC – Hedge fund managers are making changes to their funds and preparing for further sanctions against Russia, which they believe could be more severe then what has been enforced to date. Western sanctions imposed against Russia so far have […]
Context Asset Management launches first hedge fund-of-funds mutual fund
P&I – Context Asset Management, a newly formed alternative investment mutual fund manager, on Wednesday launched its first fund, Context Alternative Strategies Fund. The new fund was seeded with $40 million from a family office that CEO Steve Kneeley said […]
The largest hedge funds now control more cash than ever
HITC – Americas-based firms that each invest at least $1 billion managed a record high of $1.71 trillion as of Jan. 1, according to a report by hedge fund data and news service Absolute Return . Assets of the 293 firms on […]
Senvest Hedge Fund Gains 79% With Bets on Comebacks
Bloomberg – Richard Mashaal and Brian Gonick have set an ambitious target for their Senvest Partners LP hedge fund: Stocks they buy should have the potential to double or triple in price over one to three years. The strategy worked in 2013, when […]
Hedge Funds Defy Goldman as Gold Bears Thank Yellen
Bloomberg – Goldman Sachs Group Inc. and Societe General SA can thank Janet Yellen for helping to get their bearish forecasts for gold back on track. After hedge funds piled into the precious metal this year with the most bullish bets in 16 months, […]