(Bloomberg) Light Street Capital Management, the $1.1 billion hedge fund founded by Tiger Cub Glen Kacher, gained 42.6 percent in the first five months of the year on technology bets. Light Street’s flagship fund rose 11 percent in May, according […]

(Reuters) Kerrisdale Capital, a small hedge fund managed by Sahm Adrangi who has built a reputation by betting against satellite companies, is taking on ViaSat Inc.’s, declaring its stock should be trading at half of its current price. In a […]

(Bloomberg) A London trader won a court ruling to cut her husband’s divorce settlement after judges said their “short, childless” marriage warranted a diversion from the U.K.’s tradition of enforcing an equal split of assets…. To read this article:

(Harvest) Fear and greed are as old as the Garden of Eden. For many market participants, these are crippling emotions, often causing individuals to sell and buy at the wrong time. The market is extremely good at triggering these emotions, […]

(Harvest) Highland CIO and co-founder Mark Okada appeared on Bloomberg Daybreak: Americas at the end of May to provide an update on Highland’s view on markets and an outlook for the remainder of the year. The firm remains, as Okada […]

(FINalternatives) Bank Of New York Mellon has named hedge fund industry veteran and former SS&C executive Peter Salvage as the firm’s global head of hedge fund services. To read this article:

(FINalternatives) Hedge funds slipped again last week as global macro funds underperformed, according to new data from Lyxor Asset Management, although the company’s CTA Index rebounded from recent losses. To read this article:

(FINalternatives) Andreas Halvorsen’s hedge fund manager Viking Global Investors will return upwards of $8 billion this summer amid news its chief investment officer is leaving the company. Dan Sundheim, who was CIO of the $32 billion manager since 2014 and […]

(Bloomberg) It’s a rough day when your shorts turn against you just as virtually every major stock benchmark is tumbling. Such was the plight of hedge funds Monday, as bearish bets on energy and industrial companies backfired even as their […]

(Reuters) Hedge funds have turned much more bearish towards U.S. natural gas prices after stocks built much more than expected at the start of the summer cooling season. Hedge funds and other money managers cut their net long position in […]

(CNBC) An avid art collector, Cohen paid $165 million earlier this year for a painting called “Masterpiece” by Roy Lichtenstein. The price is believed to make it among the 10 most expensive paintings ever sold. To read this article:

(Bloomberg) GIC Pte has committed up to $100 million to a hedge fund started by David Mercurio, a former employee who worked at the Singaporean wealth fund for a decade, according to people familiar with the matter. GIC has backed […]