Author Archives: Editor
Hedge fund exit requests jump after lacklustre year
Reuters – Client demands to pull money out of hedge funds rose to their highest level in more than three years in December, at the end of a year that has left many investors disappointed with performance. Hedge fund administrator […]
Hedge fund Sloane Robinson hit by emerging market slowdown
Reuters – The slowdown in emerging markets is hitting hedge fund Sloane Robinson hard, highlighting how, even as the industry attracts investors, managers can quickly fall from grace if they fail to perform. The London-based stock-picker – one of the […]
Billionaire John Paulson’s Hedge Fund: Too Big To Manage
Forbes – During the credit crisis John Paulson made a huge hedge fund fortune betting against mortgage-backed securities in what has become known as the greatest trade ever. After posting huge returns in 2007, investors flooded Paulson’s hedge funds with massive amounts of […]
Fed’s $4 Trillion Rescue Helps Hedge Fund as Savers Hurt
Bloomberg – Stephen Roach, professor at Yale University, talks about the outlook for U.S. lawmakers to reach an agreement to avert the so-called fiscal cliff of tax increases and spending cuts. Roach also discusses the economies of the U.S. and […]
Hedge Fund Manager Ackman Shorting Herbalife, Calls Company a ‘Pyramid Scheme’ – CNBC
WSJ – William Ackman of Pershing Square Capital Management LP has had a short position on Herbalife Ltd. (HLF) for seven or eight months, CNBC’s Kate Kelly reported Wednesday. Mr. Ackman considers the company “a pyramid scheme, I’m told,” Ms. […]
30 Under 30: Hedge Fund Gadfly Turns Biotech Entrepreneur
Forbes – Martin Shkreli, the 29-year old founder of MSMB Capital in New York, is best known to investors as an activist who battled billionaires and entrenched drug industry executives through blog posts, shareholder letters, regulatory filings, and even an attempted […]
Ex-Superfund executive launches computer hedge fund
Reuters – A former executive at computer trading firm Superfund is betting that blending man and machine will help his new quantitative hedge fund buck a trend that has seen many rivals run up big losses this year. Aaron Smith, […]
Hedge fund seeks higher price for Caribou after Benckiser deal
Reuters – A hedge fund with a 4 percent stake in Caribou Coffee Co on Wednesday urged the company to pursue a better deal after it agreed to be sold to Germany’s Benckiser group for $340 million, saying it is […]
15 Hedge Funds To Be Added To NY City Pensions
New York (HedgeCo.Net) – In an attempt to reduce volatility and heighten returns, New York City’s Employees’ Retirement System, Police Department and Fire Department are planning on adding up to 15 hedge fund managers over the next few years. Fire Engineering reports: […]
Empiritrage, LLC Launches Empirical Quantitative Value
Empiritrage, LLC, an SEC Registered Investment Advisor, is pleased to announce the formal launch of its new flagship Empirical Quantitative Value (“EQV”) strategy with a strategic investment of $20,600,000 from a multi-billion dollar family office located in New York, New […]
Teacher Pension Funds Pressure Cerberus Into Selling Gun Company
New York (HedgeCo.Net) – $20 billion private equity and hedge fund firm, Cerberus Capital Management, has decided to sell all stakes in Freedom Group, a US gun maker that made the AR-15 rifle used in the recent Sandy Hook tragedy. “It is not our […]
Emerging Hedge Funds Offering Innovative Fee Structures to Raise Capital
A new whitepaper by mid-Atlantic hedge fund law firm Hirschler Fleischer finds that hedge fund managers— particularly managers of new launches and emerging funds—are responding with unique, tailored fee arrangements in contrast to the “2 & 20” manager compensation that appeared monolithic […]