Category Archives: Syndicated
Direct lending firm hits $3 billion as investors pile in
CNBC – Amid still tight lending from traditional sources, direct lending is hot and Steve Czech is taking full advantage. The hedge fund firm he runs, Czech Asset Management, has just closed its second fund to new capital after raising […]
A Debate Over Paying Board Nominees of Activist Funds
DealBook – When executives serve on a company’s board, they are often handsomely compensated. But as activist hedge funds continue to get more of their preferred candidates on the boards of companies, some of the hedge funds are angling for […]
Hedge Funds See Repeat of Yen Slide That Paid Soros: Currencies
Bloomberg – Hedge funds are betting on another run of yen weakness, a trade that made money earlier this year for billionaire George Soros, putting them in opposition to economists who see Japan’s currency little changed into 2014. Futures traders […]
Here Are 25 Stocks That Hedge Funds Are Shorting Like Crazy
Business Insider – The S&P 500 closed at an all-time high of 1,804 on Friday, and Wall Street’s short sellers with the resources to ride out the high have been salivating waiting for the market to crumble. Goldman Sachs’ new […]
RBS accused of pushing small businesses to the edge to boost profits
The Guardian – City regulators have been handed a dossier of evidence compiled by an adviser to Vince Cable which claims that Royal Bank of Scotland was deliberately wrecking viable small businesses to make profits for the bailed out bank. The business secretary – […]
Hedge funds press Royal Mail for more savings as profits rise
Telegraph – American activist investors in Royal Mail believe that cost savings could be “far more aggressive” at the newly privatised delivery company, raising the prospect that the business could come under pressure from shareholders. Brokers said that US hedge […]
SAC chief operating officer to leave as hedge fund transforms
Reuters – A top lieutenant at Steven A. Cohen’s SAC Capital Advisors will leave the hedge fund in the new year as the once $15 billion firm converts to a family office, according to a memo sent to employees and […]
Hedge Funds Are Taking Over Brooklyn
Private equity and investment firms in recent years have bought up cheap real estate in markets hit hardest by the housing bust. The goal here isn’t to “house flip,” but to rent out homes and take in steady income. The upshot, some […]
Hedge Fund Gold Bets Less Bullish as Paulson Holds: Commodities
Bloomberg – Hedge funds got less bullish on gold, cutting their net-long position to a four-month low, before prices capped the biggest weekly retreat since September. Net holdings in futures and options tumbled 20 percent to 44,291 contracts in the […]
Big money dumps Boeing, buys Facebook
CNN – Boeing is the Dow’s best performing stock this year, but hedge funds are turning bearish on the jumbo jet maker. And they really like Facebook. The top 50 hedge funds yanked nearly $1.3 billion out of Boeing (BA, […]
Patient female fund managers trounced male counterparts during recession
eFC – The report, compiled by New Jersey accounting firm Rothstein Kass, found that women-owned alternative investment funds – hedge funds, private equity and venture capital etc. – delivered a 3.6% compound annual return during the five years ending in […]
Activist Pushing for Change at Darden Hires Outside Advisers
NYT – The activist hedge fund pushing for change at Darden Restaurants signaled on Thursday that it was ramping up its pressure. Barington Capital, which it owns over 2 percent of the restaurant group’s shares, announced that it has hired the investment bank Houlihan […]