Category Archives: Syndicated
Hedge Fund Manager And Police Face Off Over Noisy Power Generators
Business Insider – Thanks to to the tireless tweeting of Hamptons Handyman Joe Schwenk (aka HamptonsBorn), we know about a fairly serious confrontation that happened this morning between a hedge fund manager and his generators, a neighbor with a hatred […]
Ex-Citadel Credit Chief Boas Cancels Hedge Fund Plans
Bloomberg – Chris Boas, a former global head of credit at Citadel LLC’s securities unit, canceled plans to start his own hedge fund after failing to raise money from investors. Boas’s Longwood Credit Partners LLP “has decided not to pursue […]
100% Gainers YTD: Hedge Fund Stars Bought
Forbes – Hedge fund kings like John Paulson and Lee Ainslie just made a killing in two junk-mortgage insurers, and the awesomeness of their quick gains will compel other investors to follow. It’s important to remember that high returns like […]
Milestone Achieved with 100 Percent Distribution to Customers in Lehman Bankruptcy
James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act (SIPA), announced that additional distributions to former securities customers began today and will continue until all securities customer claims are 100 percent […]
Hedge funds build stakes in Severn Trent as bid hangs in balance
Reuters – Two U.S. hedge fund giants have placed bold bets to profit from an attempted takeover of British water company Severn Trent that now hangs in the balance with a consortium threatening to walk away after three spurned bids. […]
TiVo Bump Shows How Hedge Fund Lawyers Gain Edge in Court
Bloomberg – Tom Claps headed to Texas to scope out developments as TiVo Inc. (TIVO)’s trial against Google Inc.’s Motorola Mobility unit neared, with as much as $1 billion at stake over rights to digital-video-recorder technology. Calling the court clerk June […]
Institutions taking divergent paths in revamping hedge fund portfolios
Pensions & Investments – Hedge fund portfolio revamps are front and center on CIOs’ desks as institutions, especially public pension plans, refine their investment approaches. The South Carolina Retirement System Investment Commission and the Teachers’ Retirement System of the State […]
Hedgies cut ties with think tank
NYP – Money management heavy hitters Cliff Asness, Henry Kravis and Thomas McWilliams have blinked. The trio are cutting their ties to the Manhattan Institute, the conservative think tank whose policy experts have called for the abolition of defined benefit public […]
Scaramucci Seeks Money for Manhattan Hedge-Fund Hangout
Bloomberg – Anthony Scaramucci, the investment entrepreneur known as the “Mooch,” is teaming up with a restaurant owner and a former Morgan Stanley executive to open a Manhattan eatery catering to hedge-fund and private-equity professionals. The group, which includes restaurateur […]
SAC Capital Redemptions $2 to $3 Billion: Exclusive
CNBC – The hedge fund SAC Capital received between $2 billion and $3 billion in requests last week from investors for the return of capital, say people familiar with the matter, with the total being closer to $3 billion amid […]
Hedge fund foundation pledges £500m-plus to fight malnutrition
Telegraph – A foundation funded by a London hedge fund has donated $787m (£517m) to tackle children’s malnutrition, at a summit hosted by David Cameron. The donation by the Children’s Investment Fund Foundation (CIFF), funded by the profits of Chris […]
Hedge fund that manages SAC money had tough year through April
Reuters – As billionaire investor Steven A. Cohen deals with a spate of redemptions out of his own hedge fund, another firm in which his SAC Capital Advisors has money saw returns plummet in the first four months of the […]