Author Archives: Editor
Private Equity Firms Invest $347 Billion In US Companies
New York (HedgeCo.Net) – Private equity firms invested $347 billion in more than 2,000 U.S.-based companies last year, according to the third annual “Private Equity: Top States and Districts” analysis released today by the Private Equity Growth Capital Council (PEGCC). The analysis ranks the […]
Brevan Howard trader linked to Libor probe leaves hedge fund
Reuters – A trader allegedly connected to a global rate-rigging scandal has left hedge fund Brevan Howard, the company said on Thursday. Chris Cecere, who joined Brevan Howard’s Geneva office in 2010 from Citigroup Inc., has left the hedge fund […]
Apple and BlackBerry continue to play cruel tricks on hedge funds
Yahoo – One of the most popular trading ideas among tech funds is to short BlackBerry — more than 30% of its stock was sold short recently. And another very popular idea has been going long on Apple, of course. As we all […]
More big-name hedge funds nurse wounds from bond sell-off
Reuters – One of last year’s top-performing hedge fund managers, Deepak Narula, is suffering a reversal of fortune as the mortgage bonds that steered him to the top of the industry in 2012 are now delivering losses. His Metacapital Management’s […]
Tough Road Ahead For Securitized Credit Hedge Funds
ValueWalk – The list of funds who tumbled in May and have continued to under-perform in June is getting longer by the day. Credit focused funds, especially those who trade mortgage backed securities, experienced a time of high performance as the Federal […]
Hedge fund firm Lansdowne names new CEO
Reuters – One of London’s largest hedge fund firms, Lansdowne Partners, has named Alex Snow, the former head of UK Investment Banking at Investec, as its new chief executive officer. Snow will take over from Lansdowne co-founder Paul Ruddock, who […]
Hedge funds hope losing shorts on U.S. natural gas will pay off
Fox – This year’s early rally in U.S. natural gas prices dealt heavy losses to hedge funds that stubbornly maintained short positions in the face of brutally cold weather, and the price slide of the past two months has not […]
Hedge Funder Wants To Reform Public Pensions
New York (HedgeCo.Net) – A spokesman for Texas-born John Arnold has said that the hedge fund billionaire is campaigning for reform in the California public pension systems, according to a Reuters report. The California Public Employees’ Retirement System (CalPERS) “manages […]
Regulators To Go After Corzine’s Hedge Fund and Brokerage Fraud
New York (HedgeCo.Net) – US regulators are planning a lawsuit later this week against Jon Corzine over the collapse global financial derivatives broker and hedge fund trader MF Global, formerly known as Man Financial, Reuters reports. The company allegedly dipped into customer funds, […]
Hedge Fund Association and Agecroft Partners Announce Hedgeopolis New York
The Hedge Fund Association and Agecroft Partners are teaming up to create one of the top hedge fund conferences in the world. Hedgeopolis New York will be held in New York City at The Metropolitan Club on November 4, 2013. Conference speakers […]
Hedge Fund Finds Buyer for Manhattan Lehman Mansion
Bloomberg – A Manhattan mansion owned and restored by hedge fund Zimmer Lucas Capital LLC is under contract more than a year after it was put on the market. The buyer of the five-story townhouse at 7 W. 54th St. is a […]
Hedge fund guru Paulson cashes in on CNO wager
IBJ – John Paulson, who made $15 billion betting against real estate and then saw his fortune shrink as gold slumped, is proving to be an effective insurance investor. Paulson’s hedge fund has more than doubled its money on Carmel-based […]