Author Archives: Editor
Top hedge fund bets on Danish debt crisis
Independent – Owl Creek Asset Management, one of last year’s best-performing hedge-fund firms, is betting against Denmark’s sovereign bonds in anticipation of a debt crisis, sources told Bloomberg. Danes owe their creditors 321pc of disposable incomes, a world record that […]
US Hedge Fund Hayman Capital Bets on Argentine Bonds Despite Default Risk
International Business Times – Hedge fund manager Kyle Bass believes investors can still profit by lending to Argentina, Latin America’s third-largest economy. Bass does not think Argentina’s $475bn (£291bn, €351bn) economy will burden creditors with losses an eighth time. Read Complete […]
Ackman’s hedge fund beats slumping S&P, peers in January
NYP – Bill Ackman’s Pershing Square has climbed into the top ranks of hedge funds in January with a 4 percent gain, according to investor reports. Pershing Square’s $12 billion firm outdid the S&P 500, which had a glum month, […]
Conifer and Vastardis Merge To Form Global Hedge Fund Administration Firm
New York (HedgeCo.Net) – Hedge fund administrators Conifer Group, LLC, and Vastardis Capital Services Holdings LP. have signed a definitive merger agreement combining the two companies to form Conifer Financial Services, LLC. At inception, Conifer Financial Services will have combined assets under administration […]
Manhattan Private Equity Manager Charged With Stealing $9 Million
New York (HedgeCo.Net) – A Manhattan-based private equity manager, Lawrence E. Penn III and his firm Camelot Acquisitions Secondary Opportunities Management, have had their assets frozen in a case put forward by the SEC. Three entities and one other person […]
2014 Outlook for Socially Responsible Investing (SRI)
Green Money Journal – The years between 2000 and 2012 were difficult ones for investors and posed special challenges for the responsible investor. We suffered through two market collapses of roughly 50 percent. The period has been marked by the […]
This $77 Billion Hedge Fund Company Bought Coca-Cola, Pfizer, and Fifth Third Bank
Motley Fool – The latest 13F season is here, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major […]
Elliott readies own director slate as Juniper finalizes turnaround plan -sources
Reuters – Hedge fund Elliott Management Corp, which owns a 6.2 percent stake in Juniper Networks Inc , has prepared a slate of directors in the event that the network equipment maker’s pending turnaround plan does not achieve goals laid […]
Hedge Fund Chief Makes a Lonely Bet Against Portugal’s Debt
NYT – David Salanic cuts a lonely figure among the Manhattan power brokers eating breakfast at the Loews Regency Hotel restaurant on Park Avenue. Sure, he runs a hedge fund, but with $50 million, his fund may represent a year […]
Companies fight back against hedge funds
CNNMoney – As activist investors intensify their efforts to shake up large firms, a new alliance has formed to hit back at the Carl Icahns and Dan Loebs of the world. On Monday, a group of directors and long-term shareholders of […]
Hedge Fund Manager Funds Anti-Keystone XL Advertising “Sucker Punch”
New York (HedgeCo.Net) – The hedge fund manager that signed the Giving Pledge with Warren Buffett and Bill Gates is attacking the Keystone XL oil pipeline plans. The State Department “reported no major environmental objections” to the proposed $7 billion pipeline on Friday, the AP reports. “Our efforts to […]