Category Archives: Syndicated
New trial begins in hedge funds vs. Porsche SE legal battle over ‘short squeeze’ losses
DW – The state court began hearing evidence on Monday in a case brought by 24 international hedge funds, led by New York-based Glenhill Capital, against Porsche SE. According to the court, the funds were seeking damages to tune of […]
George Soros reclaims top hedge fund title
The Age – George Soros’s Quantum Endowment fund has reclaimed the top spot as the world’s most successful hedge fund of all time, adding $US5.5 billion to the US billionaire investor’s fortune. Mr Soros is best known for triggering the […]
The Hedge Fund Wizard Betting Big on Big Data Research
Inside Philanthropy – Jaffray Woodriff knows a thing or two about data. The investment whiz based in Charlottesville, Virginia, used his homegrown predictive models of investment data to build a $4 billion-plus managed futures firm. Paying tribute to his golden […]
Two Sigma Suspends Surveys of Stock Analysts — Update
WSJ – Hedge-fund firm Two Sigma Investments LLC has suspended a survey program intended to garner information about companies from stock analysts, following a similar move by asset manager BlackRock Inc. last month under a settlement with New York. The […]
These big hedge funds got crushed in January
CNBC – Most hedge funds that bet on big economic trends lost money in January, hurt by reversing stock markets and wrong-way currency bets. Some of the hedge fund industry’s most prominent names were among the losers for the month. […]
US hedge fund Libra Advisers buys 7.2 percent stake in Rubicon for $12 million
ShareChat – US hedge fund Libra Advisors will take a $12 million stake in Rubicon in a private placement to shore up the company’s funding position and support its future commitments to forestry biotech firm ArborGen. The New York-based investor […]
Hedge Funds Lose Less Than Stocks in Month as Dalio Gains
Bloomberg – Hedge funds held up better than stocks in January, falling an average of 0.1 percent as global equities slumped amid a selloff in emerging-market currencies and signs of weakness in China. Bridgewater Associates LP’s Ray Dalio gained 1.1 […]
Why is Ralph Nader cozying up to a bunch of hedge funds?
Washington Post – It’s not often in Washington that you see wealthy, conservative investor types and their lawyers sitting down with professional affordable housing advocates. But on Wednesday morning, anti-corporate crusader Ralph Nader — now stooped and gray, nearing his 80th […]
UK hedge fund Capri Capital plans to launch realty PE fund in India
Economic Times – US-based hedge fund Capri Capital Partners plans to launch its first India-dedicated real estate private equity fund to raise about $400 million, two people familiar with the development said. Capri Capital, which advises pension funds and institutional […]
Hedge funds raise stakes in Williams Cos., push for changes
Tulsa World – Two New York-based hedge funds are raising their stakes in Williams Cos. Inc. and pushing for changes to improve the company’s value, according to media reports Wednesday. Leadership at Corvex Management LP and Soroban Capital Partners LLC […]
Hedge Funds Preparing for $1 Trillion Property Bill: Mortgages
Bloomberg – Hedge funds are zeroing in on America’s malls and hotels. Axonic Capital LLC, LibreMax Capital LLC and Saba Capital Management LP are among firms positioning to provide loans as more than $1 trillion in commercial real-estate debt originated […]
Nomura hires ex-BAML sales chief after hedge fund stint
FN – The Japanese investment bank has hired Mike Ward as head of equity sales for Europe, the Middle East and Africa, based in London, according to a written statement from Nomura. His addition marks a second senior hire for […]