Category Archives: Syndicated

How Citadel and the Fed Crossed Paths Before the Hedge Fund Hired Ben Bernanke

Wall Street Journal – In March 2008, the investment bank Bear Stearns Cos. was teetering on the brink of collapse. To help prevent the firm’s disorderly implosion, the Fed arranged for a cash infusion, via J.P. Morgan Chase & Co., […]

Ben Bernanke’s top excuse for working at a hedge fund actually makes it worse

Vox – After cooling his feet for a number of months at the Brookings Institution, former Federal Reserve Chair Ben Bernanke is going to cash in by working at the hedge fund Citadel. But rest assured, he told the New […]

16 of top 50 European hedge funds donate more than £6.5m to Tories

The Guardian – Sixteen of the top 50 European hedge funds or their executives have donated more than £6.5m to the Conservatives, according to a new analysis of data. All of the firms have established funds which have been based […]

Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback

Business Insider – Jon Corzine is thinking about making a comeback. According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt […]

Hedge fund money going to venture-backed startups is skyrocketing

Yahoo Finance – The amount of venture capital startup companies are raising from hedge funds, mutual funds and others beyond the traditional venture capital community is skyrocketing, fueling fears of another tech bubble. While venture capitalists poured $11.3 billion into […]

Zombie Hedge Funds & Tech’s Dual Role

More spinoffs and startups are plunging in with enterprise-grade risk systems than before. Is this a fad, good business, or a trap? Don’t get me wrong, I don’t have anything against the erstwhile Zombie/Vampire craze that swept through American culture […]

Northwest Hedge Funds Gain as Much as 46% on ‘Trade of the Year’

Bloomberg – The “trade of the year” is reaping rewards for investors in Northwest Investment Management (HK)’s hedge funds. Cheaper valuations of Chinese companies’ Hong Kong-quoted class-H shares will persist for at least another three to six months, said George […]

Small Hedge Funds Get Bigger Share of Investors’ Money

WSJ – Hedge-fund upstarts attracted as much money as the titans of the industry last year, a shift for investors who have long favored larger firms. Managers with assets of less than $5 billion took in roughly half of the […]

Agnellis Shun Hedge Fund Approach With $6.4 Billion Buyout Plan

Bloomberg – The Agnelli family’s Exor SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover. Exor is shunning the idea that it […]

Former Top Financial Regulator Worked at Collapsed Hedge Fund Heather Capital

WSJ – A former top financial regulator who wrote a book on corporate governance worked as a director of Heather Capital, the $600 million hedge fund whose collapse has sparked a police investigation. John Bourbon, a former managing director of […]

Hedge funder quits to seek ‘more’ in life

CNBC – Like some who work in finance, Forrest Xiao wasn’t fulfilled despite making a lot of money. But unlike many frustrated employees, the 25-year-old New York-area hedge fund employee decided to make a big change: He quit. “I’ve become […]

A key analyst at the hedge fund that took on Marissa Mayer just quit

Business Insider – Cristiano Amoruso, an analyst at hedge fund Starboard, is leaving the firm for a new gig at Lion Point, a global special situations fund which launched on April 1st. We’ve heard this from two sources. This would […]