WSJ – Samlyn Capital LLC, a hedge fund founded by a veteran of SAC Capital Advisors LP, has built a $150 million stake in Allergan Inc. AGN +0.95% and is weighing whether to support Valeant Pharmaceuticals International Inc. VRX.T +0.06% […]

FN – In an interview with Financial News, Henderson chief executive Andrew Formica said he planned to put Peak in charge of a team managing long/short international equities in the fourth quarter. Peak stepped back as a manager of hedge […]

Personal Finance – Michal Calitz, the financial adviser who was paid R8.4 million in share profits from the Relative Value Arbitrage Fund (RVAF), which was, in fact, a scam, has been ordered to compensate two more clients who lost money […]

City AM – The Engine Group, owner of PR firm MHP Communications and ad agency WCRS, is set to announce a major investment by Lake Capital by the end of the week. The London-based company’s 13 agencies provide services including […]

IT – In Rebel Without a Cause, the anti-hero played by James Dean is challenged to a lethal game of chicken in which two cars must race towards a cliff. The loser is the driver who jumps out first. Investors […]

HedgeWorld – The U.S. Securities and Exchange Commission has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters. The firms listed are […]

P&I – Institutions intend to be more active hedge fund investors in the second half of 2014 than they were in the first. Fully 97% of the 284 institutional asset owners surveyed in June by Credit Suisse Capital Services said […]

Economic Times – Iconic hedge fund manager Stanley Druckenmiller, the founder of Duquesne Capital Management, skewered the Federal Reserve at the CNBC Delivering Alpha conference. He says today’s Federal Reserve policy is as “baffling” as he’s ever seen. Druckenmiller said […]

Reuters – Standard General, a little-known hedge fund that has taken the reins of American Apparel Inc, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney. The fund invests in […]

WSJ – Hong Kong hedge-fund firm Azentus Capital Management Ltd., run by former Goldman Sachs Group Inc. proprietary trader Morgan Sze, bounced back in the second quarter after a “difficult” start to the year, according to an investor letter seen […]

Reuters – Hedge fund manager Leon Cooperman, who has forecast that the Standard & Poor’s 500 stock index will hit 2000 this year, cautioned on Wednesday [July 16] that gains will be slower as the market is more fairly valued […]

Orlando Sentinel – Starboard Value, a hedge fund with a hostile plan to replace Darden Restaurant’s board and management, has been buying more Darden stock. Starboard’s ownership surge – now 7.1 percent, up from 6.2 in May – comes as […]