Category Archives: Syndicated

Wall St talent aims for hedge funds as rules bite

Reuters – The usual flurry of brokerage firm traders seeking to join hedge funds after the payout of annual bonuses could be more of a blizzard this year, with compensation shrinking on Wall Street and a regulatory crackdown in the […]

Hedge Fund Managers Steve Cohen and Marc Lasry Turn Down Offers To Buy The Mets

Business Insider – Forbes’ Mike Ozanian reports that Fred Wilpon reached out to Steve Cohen of SAC Capital and Marc Lasry of Avenue Capital to offer them a stake in the New York Mets, but that both billionaires turned him down. […]

Why Dinan Worries About Fate of Small Hedge Funds

DealBook – For the head of a multibillion-dollar hedge fund, James G. Dinan worries a lot about the fate of the industry’s littlest players. Mr. Dinan, the chief executive and founder of York Capital Management, said in a speech on Monday […]

Nevsky’s Taylor Scales Back With $800 Million Fund

Bloomberg – Nevsky Capital LLP’s Martin Taylor, who decided a year ago to step away from the “intensity” of running a $3.3 billion hedge fund, is starting a new version one-fourth the size, said two people with knowledge of the […]

Many Hedge Funds Have Weak Start In January, Lagging Stocks

Dow Jones – Many hedge funds lagged stock market indexes and took the wrong side of currency and interest-rate bets in January, in a lackluster start to the year for the industry. The HFRX Global Hedge Fund Index, tracking about […]

Pension board wants better hedge fund results

Boston.com – In a move to save $30 million in fees and improve investment results, the state pension fund is looking to cut middlemen out of its approach to hedge fund investing. The pension board yesterday voted to start investing […]

Bahrain’s Investcorp first half profit dips

Reuters – Investcorp, the Bahrain-based alternative investment manager, on Tuesday reported a small drop in first-half profit as its hedge fund returns slowed after a strong performance in the previous year. The company, which once floated luxury brands Gucci and Tiffany […]

Hedge Funds Back In Style, What Advisors Should Know

Forbes – Like it or not, hedge funds are making a comeback. After taking a nasty fall post-Madoff, the hedge fund industry’s assets are approaching their historical peak with $1.917 trillion in the 4th quarter of 2010. That’s slightly shy […]

Zurich Beats Geneva As Swiss Hedge Fund Location – Study

Dow Jones – Zurich and its surrounding region offers the best location as a base for asset managers and international hedge funds, according to a study published Tuesday. “Zurich has a clear edge over Geneva, and with the Pfaeffikon and […]

Hedge funds against EU short-sale disclosure proposals

Hedge Funds Review – Fund managers are opposed to the European Union’s proposed short-sale disclosure requirements. They fear the rules could distort financial markets and impede their ability to manage risk. The findings are contained in a study by the international management consulting […]

The Tribune, other papers, in hedge fund’s hands

The Salt Lake Tribune – The newspaper industry knows little about the inner workings of Alden, a hedge fund that has been quietly making investments in distressed media companies for three years, while its representatives repeatedly ignore requests for interviews. […]

Bonus pressure helps hedge funds poach IT talent

Recruiter – Pressure on banks to limit and defer bonuses and pay only a small percentage in cash enabling hedge fund start-ups to poach key IT staff from the banking sector, according to technology staffing specialist ReThink Recruitment. ReThink Recruitment […]