Category Archives: Syndicated
Chatty Billionaire Ackman Grabs Bigger Megaphone With Twitter Account
(Reuters) Billionaire investor William Ackman, one of the hedge fund industry’s most voluble managers with opinions ranging from how companies should be run to the dangers of sugary drinks, just got himself an even bigger megaphone: a Twitter account. Using […]
In New York, France Promises English-Law Contracts After Brexit
(Reuters) France will set up a special court to handle English-law cases for financial contracts after Britain leaves the European Union, Finance Minister Bruno Le Maire said on Thursday as Paris steps up its charm offensive to attract banks. In […]
Owl Rock Launches New Middle-Market Direct Lending Fund With UC Regents
(FINalternatives) Alternative asset manager Owl Rock has teamed with the Regents of the University of California to form a new strategic loan fund as part of the company’s middle-market direct lending efforts. The two firms have each ponied up an […]
Pantera Capital Targets $100M For New ICO-Focused Hedge Fund
(FINalterntives) Digital currency investment specialist Pantera Capital is launching a new hedge fund that will focus on investments into the initial coin offerings (ICOs) of start-up companies working in the blockchain space. To read this article:
Shkreli’s Hedge Fund Went From Success to Bust in 31 Minutes
(Bloomberg) In 31 minutes a hedge fund managed by Martin Shkreli in 2012 went from a roaring success to an empty shell, one of his investors told a jury. Sarah Hassan, 27, who gave Shkreli $300,000 to invest, said she […]
Several Hedge Funds Get Hurt as Rite Aid Deal Folds
(Bloomberg) Rite Aid Corp.’s merger with Walgreens Boots Alliance Inc. has gone up in flames, burning some hedge funds in the process. Walgreens announced Thursday it would scrap the takeover of the drugstore rival after a host of antitrust problems […]
Traders Who Left Banks for Hedge Funds Heading Back to Banks
(Bloomberg) Traders who fled banks for hedge funds are on their way back to Wall Street. This month, Barclays Plc hired Chris Leonard, a founder of two hedge funds in the decade since he left JPMorgan Chase & Co., to […]
bfinance: Interest Grows In Active Currency Management As Climate Improves
(FINalternatives) Institutional investors are taking a more active approach to managing portfolio-wide currency risks, and in particular a greater appetite for active currency overlays, according to a new survey by investment consultancy bfinance. To read this article:
Harrison Street Capital Raises $1.1B For Sixth Opportunistic RE Fund
(FINalternatives) Real estate private equity specialist Harrison Street Real Estate Capital has raised $950 million in capital commitments for its sixth U.S. opportunistic fund, handily beating its $850 million target. To read this article:
Natixis Global AM Affiliate Mirova In Negotiations To Take Majority Stake In Althelia Ecosphere
(FINalternatives) The responsible investing affiliate of Natixis Global Asset Management, Mirova, has reportedly entered into discussions with impact investment manager Althelia Ecosphere regarding the acquisition of a majority equity interest in the firm. To read this article:
Winton Capital Management Preps Absolute Return Multi-Asset UCITS Strategy
(FINalternatives) London-based systematic investment manager Winton Capital Management is launching a new absolute return multi-asset futures fund that will be UCITS-compliant and aimed at UK investors. To read this article:
Investors Scramble to Keep Pace With New Market Outlook
(Bloomberg) For investors scrambling to keep pace with a hawkish shift in the world’s biggest central banks, the second half of 2017 just got a lot more interesting. Two weeks of rhetoric from policy makers in Europe and North America […]