Category Archives: Syndicated
Birch Century Launches New Long/Short Global Equity Fund
(FINalternatives) Alternative solutions provider Birch Century International has expanded its platform with the debut of a new long/short global equity fund aimed at both institutional and retail investors. To read this article:
Activist Snow Park builds stake in Cedar Realty Trust
(Reuters) Snow Park Capital Partners LP has built a stake in retail-focused real estate investment trust Cedar Realty Trust Inc (CDR.N) and is urging it to explore strategic options, including a potential sale, according to two people familiar with the […]
Odey Sees ‘Terrifying’ Mix in MiFID, Tapering, Asset Values
(Bloomberg) Crispin Odey, the London-based hedge fund manager known for his bearish outlook, says new European rules on research will result in less trading, less price discovery and less efficient markets. MiFID II should cause the cost of capital to […]
Hedge Funds Look Past The Euro’s Stumble and Like What They See
(Reuters) Hedge funds are looking past the euro’s drop this week and remaining bullish, encouraged by an improved economy and political stabilization. The single currency EUR= has been the standout trade in foreign exchange markets this year, climbing more than […]
Sun Co-Founder Gets Secretive Hedge Fund to Make a Huge Chip Bet
(Bloomberg) Sun Microsystems co-founder Bill Joy recently joined Water Street Capital and has pushed the secretive hedge fund firm to build a large stake in Micron Technology Inc., arguing the market for its main product is set for a sustained […]
World’s Largest Hedge Fund Employees Rate Each Other With Blockchain-based App
(Edgy Labs) Bridgewater Associates is using the Dots app to have their employees rate each other. From Yelp and Google reviews to missives in gossipy text messages, everyone rates people. The world’s largest hedge fund has its employees doing the […]
Puerto Rico Rejects Loan Offers, Accusing Hedge Funds of Trying to Profit off Hurricanes
(The Intercept) Puerto Rico has rejected a bondholder group’s offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with PR’s Fiscal Agency and Financial Advisory Authority said the offer was “not viable” […]
Russian Private Banks: A Self-Inflicted Crisis
(Harvest) Russia’s banking crisis isn’t systemic, but it is embarrassing for its much-lauded central bank. Investors who think back to 1987, 1997 and 2007, and worry that there is some kind of curse on the third and fourth quarters of […]
Challenge and Reality For Hedge Funds – Beating The Stock-Bond Blend
(Harvest) The key challenge for many global macros and managed futures managers (or any hedge fund combination) is showing their relevance during the post-Financial Crisis period when the simple combination of stocks and bonds seem to have been enough to […]
CFTC orders Morgan Stanley & Co to pay $500,000 for supervision failures
(Hedgeweek) Morgan Stanley & Co (MSCO) is to pay USD500,000 to settle CFTC charges over failing to diligently supervise the reconciliation of exchange and clearing fees with the amounts it ultimately charged customers for certain transactions on the CME Group, […]
New Mountain Capital Raises $6.15B For Oversubscribed Fifth PE Fund
(FINalternatives) New York-based alternative investment firm New Mountain Capital has raised $6.15 billion in capital commitments for its fifth buyout fund, easily surpassing the initial target of $5 billion. To read this article:
Hedge Fund Marathon Eyes Bad Loans in Britain on Brexit Slowdown
(Reuters) U.S. credit hedge fund Marathon Asset Management sees buying opportunities in British non-performing loans as Britain’s economy slows down following its vote to leave the European Union, the fund’s chief executive said on Thursday. “We think the UK will […]