(Harvest) President Donald Trump won the presidency with a platform focused in part on bringing manufacturing jobs back to the United States, promising to usher in a new “Industrial Revolution.” In 2016, manufacturing accounted for approximately 12% of U.S. GDP, […]

(FINalternatives) Fund of hedge funds manager Pacific Alternative Asset Management Company has completed its strategic transaction with KKR’s hedge fund allocation unit Prisma Capital Partners, creating a leader in the fund of funds and liquid alternative space. To read this […]

(Opalesque) Hedge Funds serviced by Peregrine performed well for the month of April, very much in line with the positive market sentiment that saw all sectors across the local bourse end the month well in the black. The political environment […]

(Harvest) Our hypothesis nine years ago was that the world was moving towards more founder centrism™ – founder-run companies and that these companies would perform exceptionally well over time, particularly in environments that are highly volatile and require agile decision-making. […]

(Hedgeweek) Effective today, Convergex has been renamed Cowen Execution Services and Convergex Limited, its London-based brokerage, has been renamed Cowen Execution Services Limited. “The acquisition of Convergex enhances our position as a leader in high quality research and superior global […]

(Bloomberg) Why do we fine banks lots of money for doing bad things? The fines are more or less paid by the shareholders, and it’s not like the shareholders did the bad things. But in theory, the shareholders don’t want […]

((FINalternatives) Global private investment manager Castlelake LP has raised $1 billion in capital commitments for its third aviation-related fund. To read this article:

(Reuters) The total valuation of late-stage, venture-backed private companies in the United States and Europe has exploded from a few dozen startups worth a collective $40 billion in 2010 to hundreds of firms that together are now worth almost $500 […]

(Reuters) Hedge fund Corvex Management LP on Wednesday reported a 5.5 percent stake in Energen Corp (EGN.N) and called for the possible sale of the oil and gas producer. Energen’s shares were up 3.1 percent at $57.38 in morning trading, […]

(Bloomberg) A race to the bottom in oil prices may not have many winners, but Russia is certain it can survive. It’s less sure about hedge funds. “We’re actually ready to live forever with the oil price at $40 or […]

(Reuters) Billionaire investor Daniel Loeb’s hedge funds continued to make money in May, leaving its Third Point Partners L.P. fund up 9.9 percent for the year and its Third Point Ultra Ltd. up 16.1 percent, according to an investor update. […]

(New York Post) Activist investor Jonathan Litt is not ready to admit defeat in its battle against mall REIT Taubman Centers…. Despite months of urging from Litt’s Land and Buildings hedge fund, preliminary results from Taubman’s annual meeting Thursday showed […]