Category Archives: Syndicated
A Hedge Fund Manager Who Doesn’t Mind a Losing Bet
NYT – Meet Mark Spitznagel, the hedge fund manager who doesn’t mind a losing bet. Mr. Spitznagel, the founder of Universa Investments, which has around $6 billion in assets under management, says the stock market is going to fall by […]
Bank of England puts hedge funds’ ‘threat to stability’ under microscope
Evening Standard – The Bank of England’s risk-watchers put hedgies in the spotlight today as potentially vulnerable to rising market interest rates. The Financial Policy Committee, chaired by Governor Mark Carney, is to carry out more research with the Financial […]
The Cowboy Traders Behind Wall Street’s Largest Hedge Fund Disaster
Financial Adviser – Larry Fink, founder of BlackRock, the New York-based investment management firm, asked a simple question: “When you see aberrant success, you have to ask, “Did I take too much risk?’’ In spring 2006, Fink was “troubled by […]
Cantillon: The global hedge fund community swarms into town
Irish Times – Hotels across Dublin had better stock up on Krug champagne, Louis XIII cognac and Beluga caviar. The cream of the global hedge fund community is in town for an industry jamboree. The hush-hush event is called HedgeCraic, […]
Hedge Funds Are Using FOIA Requests to Obtain Nonpublic Information From Federal Agencies
WSJ – When SAC Capital Advisors LP was weighing an investment in Vertex Pharmaceuticals Inc., the hedge-fund firm contacted a source it knew would provide nonpublic information without blinking: the federal government. An investment manager for an SAC affiliate asked […]
Baupost hedge fund plans to return some money: sources
Reuters – Seth Klarman’s $28 billion Baupost Group, one of the world’s biggest hedge funds, plans to return some money to clients at year’s end, two people familiar with the Boston-based firm’s plans said. It would be only the second […]
Pothead Hedge Funder: ‘Throw Away the Blackberry and Enjoy Life’
Ny Magazine – Andrew Lahde, the head of Santa Monica–based hedge fund Lahde Capital Management, who quit after posting an 870 percent gain last year, became something of a folk hero today after his awesome, Jerry Maguire–like farewell letter to […]
Citigroup’s Greer Leaves as Investor Matchmaker for Hedge Funds
Bloomberg – Chris Greer, global head of a Citigroup Inc. business introducing hedge-fund clients to new investors, has left the New York-based lender. A replacement for Greer hasn’t been named, Scott Helfman, a company spokesman, said today in an e-mail. […]
Advanced Planning Considerations For Hedge Fund General Partners
Forbes – For hedge funds there are a number of factors that translate into long-term success. Topping the list is high-quality investment performance. Hedge funds are all about alpha. However, for business success and to produce a stellar track record, […]
Huge hedge fund wheat bets ‘limit price downside’
AgriMoney – The extent of hedge funds’ negative positioning on wheat has got so large that it may limit their appetite for more, brokers warned, even as prices outperformed those of fellow grains. Managed money, a proxy for speculators, reduced […]
Hedge funds and private equity are thriving … thanks to pension funds
Guardian – Five years after the collapse of Lehman Brothers and two years after the Occupy Wall Street protests erupted in Zuccotti Square, hedge funds and private equity funds are alive and well. This was not a foregone conclusion during […]
Open-Government Laws Fuel Hedge-Fund Profits
WSJ – When SAC Capital Advisors LP was weighing an investment in Vertex Pharmaceuticals Inc., the hedge-fund firm contacted a source it knew would provide nonpublic information without blinking: the federal government. An investment manager for an SAC affiliate asked […]