Category Archives: Syndicated
Hedge fund honcho sues ex-Wonderbra model in rental feud
NY Post – A beautiful model known as “Miss Wonderbra’’ is nothing but an ugly landlord who raked in more than $1 million in rent for a leaky, vermin-infested dump in Gramercy Park, one of her former tenants charges in […]
Achica sells stake to hedge fund giant Lansdowne Partners
Retail Week – Lansdowne Partners, one of the world’s biggest hedge funds, has taken a stake in Achica, the online homewares site set up by Asos co-founder Quentin Griffiths. Documents filed at Companies House, which detail Lansdowne’s investment, show that […]
Hedge Funds Are Digging Gold Miners
WSJ – All that glitters isn’t gold—at least for the investors who are eschewing the precious metal in favor of the companies that mine it. After years spent in the shadow of gold, miners are back in favor, driven by […]
Novel Concept is Not So Novel: Hedge Fund Charges Flat 1.25% Fee
What’s the old saying about imitation and flattery? Bloomberg News’ Kelly Bit has the scoop on a former Bridgwater Associates hedge-fund analyst whose new fund has no performance fee — just a flat management fee of 1.25% of assets. If […]
Alternative Investment Strategies Can Hedge Against Rising Interest Rates
Financial Adviser – In an environment in which equities are near record highs and most areas of credit no longer offer compelling risk/reward profiles, many advisors are struggling with the same challenge: how to construct a portfolio that can generate […]
Hedge funds caught short as 21st Century Fox, Sprint deals collapse
The Australian – On a day some traders dubbed “Arbageddon”, hedge funds who bet on big corporate takeovers, known as arbitrageurs, suffered their worst rout in years after two deals fell apart and regulators indicated they may take steps to […]
Summertime Living Isn’t Easy for Macro Funds
WSJ – The market’s summer stumble has dealt a new blow to a group of macro hedge funds that seek to anticipate trends in global markets. Graham Capital Management LP has laid off more than 10% of its staff, or […]
Ex-Temasek Manager Welch Starts Asia-Focused Midcap Hedge Fund
Bloomberg – Mathew Welch, a former Temasek Holdings Pte managing director, is starting a hedge fund that invests in small and midcap firms in Asia’s developing markets where he said companies are undervalued. The ACA Asia Dorset Fund already has […]
Caesars Hedge Fund Debt Battle Triggers Dueling Lawsuits
Bloomberg – Caesars Entertainment Corp. (CZR)’s negotiations with noteholders challenging efforts to restructure $12.7 billion in debt spilled into court, as the casino company claimed hedge funds want to force a default while a bond trustee alleged Caesars is squandering […]
Goldman Sachs pulls money out of GSIP hedge fund
Denver Post – Goldman Sachs Group Inc. is pulling cash from one of its largest internal hedge funds to comply with rules limiting how banks invest their own money, according to people familiar with the matter. The New York investment […]
Once Flashy, Hedge Funds Now Seen as Staid but Consistent
NYT – Hedge funds once had the allure of being high octane and exotic. Today, they have a reputation of being mundane and consistent. That is why investors are putting more money than ever into them, according to a new […]
Israeli company may help Argentina to escape huge hedge fund debts
Haaretz – Black Cube, a business intelligence startup owned by Israelis, is negotiating with the government of Argentina for the hiring of its services. Argentina wants Black Cube to collect intelligence on the U.S. hedge fund Elliott Management, which has […]