Category Archives: Syndicated
Bad banks gain as private equity and hedge funds chase assets
FT – High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. Bankers and private equity executives say the large sums of money chasing bargains among the […]
Delaware court upholds Sotheby’s poison-pill against hedge fund
Domain B – A Delaware state court judge has blocked a bid by Daniel S Loeb, founder and chief executive of Third Point LLC, a New York-based hedge fund with a portfolio worth $14 billion, to overturn a crucial corporate […]
Activist investor buys NY mansion for record $147M
NYP – An activist investor has just bought the most expensive residential property in the country. Barry Rosenstein, hedge fund manager of Jana Partners, is paying $147 million for a property on exclusive Further Lane. Read Complete Article
Hedge Fund Asks S.E.C. To Delay Disclosures
NYT – David Einhorn, the billionaire hedge fund manager whose stock picks are closely watched on Wall Street, is not a big fan of so-called copycat traders who simply latch onto his ideas — especially when it costs his investors […]
Hedge Funds Replace Banks as Europe Property Lenders
Bloomberg – Investors in commercial mortgage bonds have grown so tired of waiting for Europe’s market to recover after the financial crisis that they are now lending directly to property developers. Cheyne Capital Management (UK) LLP and Insight Investment Management […]
Card playing JPMorgan head joins top hedge fund
HITC – Jeremy Wien, JPMorgan’s head of VIX trading and a competitive poker player, is joining hedge fund Och-Ziff Capital Management Group. Bloomberg News reports that Wien, 29, will trade equity-index derivatives at Och-Ziff, he said Thursday in an e-mail […]
Alibaba Co-Founder Joe Tsai Linked to Planned Hong Kong Hedge Fund
WSJ – A former SAC Capital Advisors LP portfolio manager is preparing to launch a hedge fund in Hong Kong with a co-founder of Alibaba Group Holding Ltd. as a potential backer, people familiar with the matter said. Andrew Bazarian, […]
How Hedge Funds Are Pushing Companies To Leave America
Forbes – Mallinckrodt is a pharmaceutical company specializing in pain treatment. Its name may sound foreign, but it traces back to the Mallinckrodt brothers, who founded the company in St. Louis in 1867. Most of the company’s sales take place […]
SEC Investigates Possible Hedge Fund Collusion Against Bill Ackman’s Massive Herbalife Short
Reuters – The U.S. Securities and Exchange Commission (SEC) is probing whether a number of hedge funds many have acted improperly when they made bets on nutrition and weight loss company Herbalife Ltd last year, a source said. The regulator […]
Dentons Hit With $146M Malpractice Suit For Loans To Petters
Law360 – Dentons was hit by a legal malpractice action in Illinois state court on Tuesday by a hedge fund that says the firm’s shoddy work on $146 million in loans made to Ponzi schemer Thomas Petters resulted in the […]
Hedge honcho: Activists killing ‘golden goose’
CNBC – Jeffrey Ubben, founder of $14 billion activist hedge fund firm ValueAct Capital, believes that some of his fellow corporate agitators are doing undue harm to companies. “We better be careful we don’t kill the golden goose. I think […]
Yusko Hedge Fund Bets On ‘Cheap’ Russia
ETF.com – The sell-off of momentum stocks in the first quarter as well as rising tensions in Ukraine were recipes for a volatile start to 2014 that caught retail investors and the smart-money crowd, including hedge funds, off guard. However, […]