HITC – Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions. Bill Ackman and Carl Icahn are famously on opposite sides of the Herbalife trade, but other hedge fund […]

ValueWalk – PetSmart, Inc. has been hiding poor results from investors claims the hedge fund Jana Partners LLC, who revealed in a regulatory filing that they had obtained internal PetSmart documents regarding the allegations. In a case of spy intrigue, […]

Bloomberg – Puerto Rico bonds are extending the longest rally since May after the island’s cash-strapped electric agency won a reprieve from restructuring assets. Hedge funds, with a growing stake in the securities, stand to gain. Puerto Rico obligations have […]

Pensions & Investments – As institutional investment in hedge funds matures, most investors have been busy starting, growing, optimizing and fine-tuning their hedge fund portfolios. A few institutions, however, have drastically cut or completely axed their investment in hedge funds. […]

WSJ – Former SAC Capital Advisors LP executive Solomon Kumin has secured a $400 million investment from Leucadia National Corp. for his startup hedge-fund firm, according to people familiar with the recent developments. An agreement signed late last week finalized […]

Reuters – U.S. hedge fund Paulson & Co. is upping its bet in Puerto Rico real estate with the purchase of an office building in San Juan’s financial district from American International Group Inc. The 326,000 square-foot building is the […]

NYT – Settling on a name for a hedge fund is often a very personal decision for the manager who runs it. In the case of Steven A. Cohen, the billionaire investor looked to his initials — SAC — as […]

NYT – The billionaire investor Leon Cooperman stocked up on Apple while other prominent hedge fund managers were divided on Walgreen. Ally Financial was a favorite for Daniel S. Loeb, John Paulson and Richard Perry. On Thursday, some of Wall […]

Royal Gazette – Standard and Poor’s (S&P) said yesterday that the hedge fund reinsurers philosophy of running a higher risk portfolio in order to underwrite at lower rates could be flawed. The idea that hedge-fund reinsurers will earn higher investment […]

DealBook – The hedge fund billionaire Louis M. Bacon has filed a lawsuit against the Canadian clothing magnate Peter Nygard, claiming a long history of character assassination and numerous environmental misdeeds related to Mr. Nygard’s large property in the Bahamas. […]

Forbes – Robert Citrone and Phillippe Laffont are two of the most prominent Tiger Cubs, hedge fund managers who once worked for legendary money man Julian Robertson’s Tiger Management. Both of them had a rough start to 2014 and sold […]

WSJ – When it came to Lions Gate Entertainment Corp. LGF +0.24% and MGM Holdings Inc., Carl Icahn yelled “cut” too early. Box-office hits including “The Hunger Games,” “The Hobbit” and “22 Jump Street” have revived the once-struggling movie studios, […]