Author Archives: Editor
Hedge funds hit by passport rules
Financial news – Marketing restrictions are a key part of the Alternative Investment Fund Managers Directive, the controversial legislation aimed at regulating the hedge fund and private equity industries, which was transposed into national laws last July. Managers have a […]
Hedge funds get a reminder of how it feels to lose
NYT – By the time last Friday afternoon was finally over, managers at even some of the most successful hedge funds felt like crawling into a hole. While the S&P 500 declined only 2.6 percent last week, the move came […]
Analysis: Emerging markets rout a reality check for Davos elite
Reuters – Just as they were getting their swagger back, the global elite stumbled last week on an emerging market sell-off that served as a reminder of the risks the global economy still faces. Veterans of the annual World Economic […]
Hedge Fund Taking Stake in Brazil’s B2W
WSJ – Technology-focused hedge fund Tiger Global Management LLC will invest as much as 1.2 billion Brazilian reais ($500 million) in B2W Companhia Digital SA,Brazil’s largest online retailer by revenue. The investment will be part of a capital increase of 2.38 billion […]
Lotus Peak Plans Abenomics Fund of Hedge Funds to Capture Demand
Bloomberg – Lotus Peak Capital Pte, a Singapore-based investment manager, will start a fund of hedge funds to benefit from Japanese Prime Minister Shinzo Abe’s efforts to stoke the world’s third-largest economy. The Abenomics Long Short Fund will start on Feb. 3 […]
Oppenheimer Fund Manager Agrees to Settle Fraud Charges
New York (HedgeCo.Net) – Former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds. Last year, […]
PCA Said to Shut Down Hedge Fund After CIC Withdraws Backing
Bloomberg – PCA Investments decided to shut a multistrategy hedge fund after China’s sovereign wealth fund, its only major outside investor, indicated it would pull its money, said two people familiar with the matter. PCA also closed its Hong Kong […]
London hedge fund takes 5.2pct stake in UBM amid chief executive search
Venture Capital Post – Hengistbury Investment Partners has acquired a 5.2% stake in UK-based events and publishing firm UBM, according City AM. Hengistbury is the hedge fund established in 2011 by Stuart Partners, former senior partner at The Children’s Investment […]
Credit Suisse Paper Explores Noteworthy Hedge Fund Trends For 2014
New York (HedgeCo.Net) – Credit Suisse Asset Management today released the 2013 Liquid Alternative Beta Performance Review. The paper examines key factors that drove liquid alternative strategy performance in 2013 and explores some of the noteworthy trends that could continue […]
Iceland Prime Minister Not Interested In Hedge Fund Losses
New York (HedgeCo.Net) – The government in Iceland is still refusing to speak to the hedge funds and other creditors that are trying to get their claims paid out. Bloomberg reports. Kaupthing Bank, Glitnir Bank and Landsbanki Islands defaulted on […]
Hedge fund bets on T-Mobile takeover
Kansas City Star – Third Point LLC, the hedge fund founded by activist investor Dan Loeb, bought a stake in wireless carrier T-Mobile US Inc., betting that the company could be acquired by Sprint Corp. or Dish Network Corp. Third […]