Category Archives: Syndicated

Billionaire Investor Paulson Joins Valeant Board, Shares Jump

(Reuters) Billionaire investor John Paulson, whose hedge fund firm is the biggest owner of Valeant Pharmaceuticals International Inc (VRX.TO)(VRX.N) shares, on Monday joined the ailing drug company’s board as it restructures to repay debt. Investors appeared to see Paulson’s becoming […]

Energen to Stick With Business Plan, Ignores Corvex’s Sale Call

(Reuters) Energen Corp said on Monday its board had unanimously decided to stick to its business plan, shrugging off hedge fund Corvex Management LP call in May for a possible sale of the oil and gas producer. The Birmingham, Alabama-based […]

Litt’s Land And Buildings Takes Aim At Hudson’s Bay

(FINalternatives) Jonathan Litt’s activist hedge fund manager Land and Buildings has called on Canada’s Hudson’s Bay retailing giant to consider taking itself private and/or monetizing its massive real estate assets for the benefit of shareholders. To read this article:

Activist JANA Partners To Make ~$300M On Whole Foods Stake Should Amazon Deal Go Through

(FINalternatives) Amazon’s surprise $13.7 billion bid for Whole Foods Market on Friday sent the grocer’s stock up 29% to $42.68 and represents a potential $300 million payday for Barry Rosenstein’s activist hedge fund JANA Partners should it go through. To […]

Hedge Funds Exit Gold Before Fed Sparks Worst Rout in Month

(Bloomberg) Hedge funds were smart enough to get ahead of Janet Yellen’s bad news for the gold market. Money managers pared their net-bullish wagers in the metal for the first time in four weeks. The next day, the move was […]

Alpine Investors Hits $532M Hard Cap On Sixth Fund

(FINalternatives) Private equity company Alpine Investors has raised $532 million in capital commitments for its sixth buyout fund to focus on lower middle-market software and business services companies. To read this article:

Oil’s Gloomy Summer Triggers Hedge Fund Doubts on Gasoline

(Bloomberg) Hedge-fund pessimism about crude prices is spilling into gasoline markets, even at the time of year when demand is highest.With the U.S. awash in gasoline, money managers for the first time on record were bearish on the fuel in […]

Hedge Fund Revival Quickens as Event-Driven Trades Prosper

(Bloomberg) Hedge funds betting on takeovers and company re-organizations are once again attracting investment in Europe amid the continent’s best start to a year for deal-making since 2014. Kite Lake Capital Management almost doubled client assets this year, while Everett […]

The Top 100 Hedge Funds

(Barron’s) Who’s up and who’s down in our exclusive list of top hedge funds. Quants dominate overall, but a value manager ranks No. 1. To read this article:

Total Number of Hedge Funds Now 9,733 After 189 Launches and 259 Liquidations in Q1

(Opalesque) New hedge fund launches in 1Q 2017 increased for the first time since the first quarter of 2016 as both hedge funds and equity markets gained through the first part of the year, and measures of financial market volatility […]

Don’t Worry. Low Unemployment to Trump Transitory Low Inflation

(Harvest) Despite weaker economic data of late, the U.S. Federal Reserve matched market expectations in raising its benchmark interest rate June 14, 2017 a quarter point, setting its new range to a still highly accommodative 1% to 1.25%. Mattering more […]

The Best Investment I Have Ever Made

(Harvest) I’m going to veer off course from the financial markets and I hope that you will indulge me for a few moments. It isn’t often that I find myself talking about family or personal matters outside of a quick […]