Category Archives: Syndicated
Hedge Fund Exec Testifies in NYC Case
ABC News – A former hedge fund executive testified Tuesday at a New York securities fraud trial that the fund purposely bet against investments tied to high-risk mortgages as the housing market teetered on the edge of a meltdown — […]
Hedge funds lose big in June as outflows jump
CNBC – Hedge funds across the world posted their largest loss for 12 months in June, as heightened fears of slowing growth in China and the tapering of the Federal Reserve’s bond buying program hit performance, new research has found. […]
Ex-Och-Ziff Team Gets Investcorp Seed for Kortright Hedge Fund
BusinessWeek – Kortright Capital Partners LP, the event-focused equity hedge-fund firm founded by Och-Ziff Capital Management Group LLC., alumni Matthew Taylor and Ty Popplewell, received seed capital from Investcorp. Taylor and Popplewell started Kortright, which invests in “opportunities arising from corporate change” […]
John Paulson’s telecom picks take an even bigger Leap
CNBC – When John Paulson founded his eponymous hedge fund company in 1994, his focus was merger arbitrage. Now, with a two-decade track record and one massive win in his credit strategy, he’s again finding luck with his original investing […]
Hedge funds see big inflow of cash
CNN – Hedge funds took in a net $18.5 billion during the month, according to a report from TrimTabs and BarclayHedge. That was more than forty times the $403 million investors poured in in April. It was also the largest […]
Another extension in Compuware’s talks with hedge fund
Freep – Detroit-based Compuware and an activist New York hedge fund apparently will continue their private merger and acquisition talks for several more months. The business software maker and Elliott Management disclosed today that they agreed late last week to […]
Tiger Cub Philippe Laffont On How To Get Hired At A Hedge Fund
Business Insider – Last week OneWire published their first interview with Philippe Laffont, Founder and CEO of Coatue Management. In Part II of the interview, Laffont explains his investment philosophy, how he figures out great long and short positions, and […]
SEC takes Goldman’s ‘Fabulous Fab’ to trial in civil fraud case
Reuters – The U.S. Securities and Exchange Commission heads to trial Monday against a former Goldman Sachs bond trader in a case it says highlights what went wrong on Wall Street in the financial crisis. Jury selection begins in federal […]
Argentina litigation with hedge funds; ‘US could end siding with Buenos Aires’
MercoPress – According to the article published on the daily’s online edition, the Barack Obama could “end up siding with Argentina” in an “unusual move” that will get the White House involved in the legal row before the US Supreme […]
‘Hedge Hogs: The Cowboy Traders Behind Wall Street’s Largest Hedge Fund Disaster’ by Barbara T. Dreyfuss
Washington Post – In Washington, the Wall Street moneymen are at it again, waging behind-the-scenes battles against a host of new rules to prevent another financial crisis. Some of the fiercest fights are over limits on derivatives trading, including complex […]
Why Hedge Funds Suing The Government Over Fannie And Freddie Have A Bad Case
Forbes – With the housing market collapsing in July 2008, President George W. Bush signed the Housing and Economic Recovery Act into law, 260 pages aimed at bolstering mortgage giants Fannie Mae and Freddie Mac and overhauling the regulations of […]
Trust CEO Recalls Big Hedge Fund Egos, Porn Donation
Bloomberg – As chief executive officer of the National Philanthropic Trust, Eileen R. Heisman counsels billionaires, receives their seven- and eight-figure wire transfers and accepts odd gifts such as surf boards and an antique Army tank. Heisman has made the […]