Category Archives: Syndicated
Billionaire John Paulson’s Hedge Fund: Too Big To Manage
Forbes – During the credit crisis John Paulson made a huge hedge fund fortune betting against mortgage-backed securities in what has become known as the greatest trade ever. After posting huge returns in 2007, investors flooded Paulson’s hedge funds with massive amounts of […]
Fed’s $4 Trillion Rescue Helps Hedge Fund as Savers Hurt
Bloomberg – Stephen Roach, professor at Yale University, talks about the outlook for U.S. lawmakers to reach an agreement to avert the so-called fiscal cliff of tax increases and spending cuts. Roach also discusses the economies of the U.S. and […]
Hedge Fund Manager Ackman Shorting Herbalife, Calls Company a ‘Pyramid Scheme’ – CNBC
WSJ – William Ackman of Pershing Square Capital Management LP has had a short position on Herbalife Ltd. (HLF) for seven or eight months, CNBC’s Kate Kelly reported Wednesday. Mr. Ackman considers the company “a pyramid scheme, I’m told,” Ms. […]
30 Under 30: Hedge Fund Gadfly Turns Biotech Entrepreneur
Forbes – Martin Shkreli, the 29-year old founder of MSMB Capital in New York, is best known to investors as an activist who battled billionaires and entrenched drug industry executives through blog posts, shareholder letters, regulatory filings, and even an attempted […]
Ex-Superfund executive launches computer hedge fund
Reuters – A former executive at computer trading firm Superfund is betting that blending man and machine will help his new quantitative hedge fund buck a trend that has seen many rivals run up big losses this year. Aaron Smith, […]
Hedge fund seeks higher price for Caribou after Benckiser deal
Reuters – A hedge fund with a 4 percent stake in Caribou Coffee Co on Wednesday urged the company to pursue a better deal after it agreed to be sold to Germany’s Benckiser group for $340 million, saying it is […]
Emerging Hedge Funds Offering Innovative Fee Structures to Raise Capital
A new whitepaper by mid-Atlantic hedge fund law firm Hirschler Fleischer finds that hedge fund managers— particularly managers of new launches and emerging funds—are responding with unique, tailored fee arrangements in contrast to the “2 & 20” manager compensation that appeared monolithic […]
The Hedge Funds With The Biggest Stakes In Gun Manufacturers
Business Insider – Friday’s tragic elementary school shooting in Newtown, Connecticut has renewed the debate on gun control in the U.S. and Obama has even pledged to use the power of his office to stop gun violence. Smith & Wesson’s stock fell […]
Wells Fargo acquires 35% stake in hedge fund firm
Star Tribune – Wells Fargo & Co. has taken a 35 percent stake in The Rock Creek Group, a fund-of-hedge-funds company in Washington, D.C., as the nation’s No. 4 bank works to double its asset-management unit. Rock Creek, which has […]
New York Pensions to Add Hedge Funds to Reduce Volatility
Bloomberg – Three of New York City’s five public pension funds are seeking to add as many as 15 hedge funds for direct allocations to reduce price swings in stocks and improve investment returns. The New York City Employees’ Retirement System, New […]
SEC Targeting 4 Hedge Fund Developments in 2013
Advisor One – Bruce Karpati, head of the SEC’s Asset Management Unit, housed within the agency’s Enforcement Division, told compliance officers Tuesday that overseeing hedge funds’ compliance will continue to be a priority for the agency next year. Speaking at […]
Sweden continues dominance of Nordic hedge fund market – report
Investment Europe – Sweden accounts for 69% of hedge funds in the Nordic region, according to the latest annual industry report from Stockholm-based OE Capital. The company’s third annual report on the regional industry is based on data covering 209 […]