(Bloomberg) Canada’s hedge fund king, who won big by snapping up beaten-up energy bonds, is waiting for his next big move. Hanif Mamdani, head of alternative investments at Royal Bank of Canada’s RBC Global Asset Management and responsible for about […]

(Bloomberg) Anthony Scaramucci, a member of President-elect Donald Trump’s transition team, is exploring the sale of SkyBridge Capital as he seeks a post within the incoming administration, according to a person familiar with his thinking. Scaramucci, who has weighed selling […]

(HedgeWeek) One can’t dispute that the majority of capital flows into the big funds, the Blackstones, Carlyles, Bridgewaters of the world. We all know why, don’t we? Well here’s an entirely different perspective… To read this article:

(FinAlternatives) Hedge fund returns as tracked by global administrator SS&C GlobeOp rebounded strongly last month after slipping in October, according to new data from administrator SS&C GlobeOp, while asset flows advanced. To read this article:

(Business Insider) People are getting quantitative hedge funds all wrong, according to a manager who is launching a new $1 billion fund. Manoj Narang is launching New York-based MANA Partners next month, using a mix of quant and alternative data […]

(Reuters) Sears Holdings Corp’s (SHLD.O) Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc (SHOS.O), if Sears Hometown entered into a partnership related to certain brands and its home services unit, ESL […]

(Reuters) Consolidated Communications Holdings Inc said on Monday it would buy broadband service provider FairPoint Communications Inc in an all-stock deal valued at $1.5 billion, including debt. Mattoon, Illinois-based Consolidated’s acquisition of Charlotte, North Carolina-based FairPoint marks the fifth such […]

(Reuters) Activist investor Knight Vinke expects European investment banks will have to merge with U.S. or Chinese rivals because they lack scale in wholesale trading and have no deep domestic market to subsidize their activities. Eric Knight, who founded the […]

(Reuters) Massachusetts, already a large investor in some of the world’s biggest hedge funds, wants to hire an adviser to help find smaller managers that could improve the $63.2 billion state pension fund’s risk and return profile. The Pension Reserves […]

(Bloomberg) Canada’s hedge fund king, who won big by snapping up beaten-up energy bonds, is waiting for his next big move. Hanif Mamdani, head of alternative investments at Royal Bank of Canada’s RBC Global Asset Management and responsible for about […]

(Bloomberg) Maybe David Einhorn was on to something when he bought his Honda Odyssey. It turns out that the car your hedge fund manager drives says something about his capacity for risk taking — and his ability to generate market-beating […]

(Bloomberg) The basic idea of insider trading law is that if you work for a company, and you get important secret information about that company in the course of your work, you can’t steal that information and use it for […]