Category Archives: Syndicated
Investors File For Rehearing In Fannie/Freddie Profits Case
(FINalternatives) A group of investors, including recently shuttered hedge fund Perry Capital, have filed for a rehearing of a case on whether the U.S. government has improperly seized profits of mortgage giants Fannie Mae and Freddie Mac since 2012. To […]
EJF Capital To List New Alternative Credit Fund In London
(FINalternatives) Financial industry veteran Manny Friedman is planning to list a new vehicle in London that will invest in asset-backed securities and real estate opportunities made available through regulatory upheaval. To read this article:
Hedge Fund CEO Argues Case Against U.S. Before Appeals Court
(FINalternatives) A three-judge New York federal appeals court hears arguments regarding former Level Global CEO David Ganek’s accusations that the search warrant relied upon by the government when it raided his hedge fund in 2010 was improperly based on fabricated […]
Greenwich Global Hedge Fund Index up +1.01% in February
(Opalesque) Hedge fund managers took advantage of February’s bullish environment to extend their strong start to the year. The Greenwich Global Hedge Fund Index was up +1.01% as all but one of its constituent indices produced positive returns on the […]
Once Golden, Robert Rubin’s Hedge Fund Proteges Lose Some Luster
(Reuters) Learning to invest on Goldman Sachs’ risk arbitrage desk, made famous by leader Robert Rubin, was once seen as a fast track to fortune. But the band of hedge fund protégés who mastered their trade under the former Wall […]
38 Hedge Funds Buy (CMC) For The First Time
(Post Analyst) Institutional investors currently hold around $1.91 billion or 91.1% in CMC stock. Look at its top three institutional owners. Vanguard Group Inc owns $269.86 million in Commercial Metals Company, which represents roughly 12.38% of the company’s market cap […]
Hedge Fund Allocations Turn Positive In February, Says eVestment
(Hedgeweek) After a long string of redemptions, eVestment has reported positive sentiment in the hedge fund industry this month, with hedge funds netting an estimated USD7.9 billion in inflows in February.As a result, flows are now positive year-to date in […]
Drawdowns – Worth a Closer Look As a Risk Measure
(Harvest) While there is a strong interest in short-term return performance and volatility of hedge funds, drawdown is still the risk where most investors have placed their focus. Maximum drawdown, as a risk measure, can be formalized as the conditional […]
$7.9B In Hedge Fund Industry Inflows In February
(FINalternatives) After a long string of redemptions and monthly outflows, hedge funds netted an estimated $7.9 billion in inflows in February and are now positive year-to date in 2017, according to new data from eVestment. To read this article:
Hedge Fund Eton Park Is Shutting Down After a Decade
(Bloomberg) Eric Mindich, a one-time Goldman Sachs star trader who jumped into the hedge fund industry during its heyday, is throwing in the towel on his $7 billion firm.Mindich — whose Eton Park Capital Management was among the biggest fund […]
Two-and-20 Cedes Way to No Fees Upfront as Hedge Funds Adapt
(Bloomberg) Three Asian hedge fund startups are eschewing the industry’s traditional fee model, as they vie for capital from investors that have gotten increasingly reluctant to put money with unproven managers.Kit Trading Fund, Noviscient and Gordian Capital Singapore Pte, all […]
Ex-Harvard Endowment Bond Manager Marco Barrozo Opens Hedge Fund
(Bloomberg) Former Harvard University bond manager Marco Barrozo has launched a hedge fund as the industry comes off its worst year since the financial crisis. Barrozo raised more than $125 million for Cambridge Square Capital, according to filings this month […]