Category Archives: Syndicated
Bill Ackman and His Hedge Fund, Betting Big
Business Day – William A. Ackman, the silver-haired, silver-tongued hedge fund mogul, gestured out the window of a 42nd-floor conference room at Pershing Square Capital Management in Midtown Manhattan. The view was spectacular, but Mr. Ackman’s arm extended not downward, […]
Hedge-Fund Manager’s Combative Style Pays Off
WSJ – Keith Meister takes things personally. The burly and at times combustible hedge-fund manager, tipped off that his expensive coup d’état of the board of corporate landlord CommonWealth REIT could be imperiled by a proposed last-minute tweak to Maryland […]
How Founders Of New Hedge Funds Can Avoid Most Taxes
Forbes – Many hedge fund general partners have become exceptionally wealthy because of their investment capabilities coupled with the way hedge funds are typically compensated for success. However, by using various advanced planning strategies, it’s very possible for the hedge […]
Drawn to Lost Causes, Hedge Fund Seeks to Turn Them Around
NYT – RadioShack is burning through its cash. American Apparel is reeling from chaos in the boardroom. As these two prominent retailers struggle in the throes of financial recalibration, an under-the-radar hedge fund has emerged as perhaps their last hope […]
Hedge Funds Cut Coffee Bull Bets as Brazil Drought Eases
Bloomberg – Hedge funds pared back their biggest bullish coffee bet since 2008 as rains brought relief to drought-stricken growing areas in Brazil, the world’s biggest producer and exporter. Money managers cut their net-long position in arabica coffee for the […]
Nascent Macro Hedge Fund Recovery Stalls
WSJ – October’s market turmoil has stopped a long-awaited recovery in macro hedge funds in its tracks. These traders of bonds, currencies and stocks have struggled in recent years to second-guess the moves of politicians and central bankers and anticipate […]
Ex-Jabre Capital Manager Said to Start Hedge Fund Firm
Bloomberg – Ziad Tabet, a former money manager at Philippe Jabre’s hedge fund, will start a firm in London next year, according to three people with knowledge of his plans. Amakor Capital Management LLP will deploy an event-driven strategy, said […]
Hedge Fund Maven Anthony Scaramucci On Calpers’ Folly, Activist Investors And The Revival Of Wall Street Week
Forbes – Steve Forbes: Thank you, Anthony, for joining us. To begin, in terms of hedge funds, as you know the overall performance of hedge funds has lagged the market in recent years. CalPERS, the largest hedge fund in the […]
Drawn to Lost Causes, Hedge Fund Seeks to Turn Them Around
NYT – RadioShack is burning through its cash. American Apparel is reeling from chaos in the boardroom. As these two prominent retailers struggle in the throes of financial recalibration, an under-the-radar hedge fund has emerged as perhaps their last hope […]
Hedge Funds Add to Venture-Capital Bounty
WSJ – Maverick Capital Ltd., one of the oldest hedge-fund firms, plans to launch its first venture-capital fund on Jan. 1, according to investors, with hopes of raising $400 million to take stakes in young companies. In pitching the fund […]
Billionaire Ray Dalio’s Hedge Fund Sues Ex-Employees Over New Fund
Forbes – Billionaire Ray Dalio’s Bridgewater Associates sued two former employees for falsely advertising their new hedge fund firm by exaggerating and misrepresenting their role at Bridgewater, the world’s largest hedge fund firm that manages some $160 billion. Bridgewater Associates […]
US billionaire’s hedge fund dumps Sony stake
Business Times – US billionaire Daniel Loeb who last year tried to push Sony to spin off a key part of its business, has sold his shares in the struggling firm saying “more urgency will be necessary” to get it […]