Category Archives: Syndicated
Sexism and the city: you dont need men when you run $60bn in assets
The Independant – Susan Solovay, founder of a New York-based fund of hedge funds, explains to Martin Baker why her strategy of investing only with female managers will pay off – and why Warren Buffett is in fact a woman […]
Ichan’t Win Them All
New York Post – Corporate raider turned activist investor Carl Icahn is having a tough year. The Far Rockaway, Queens native’s hedge funds are suffering their first losses since the 72-year-old opened them in 2004. The losing streak, which started […]
Lionhart aims to attract $2bn from Gulf
Zawya – The Lionhart Group, an alternative investment management group that specialises in global multistrategy arbitrage, aims to attract $2 billion (Dh7.4bn) of investment from the Gulf in the next few years through its new branch at the Dubai International […]
Commodities Slide Hits Hedge Funds
Washington Post – John W. Henry & Co., the investment firm run by the Boston Red Sox baseball team’s owner, is among hedge funds that in July suffered their worst drops in almost 18 months as oil and other commodities […]
Trader Lands $300 Million To Stay Put At Fortress
Wall Street Journal – Eager to keep one of its key employees, publicly traded Fortress Investment Group LLC has lavished a $300 million share grant on one of its star traders, 38-year-old Adam Levinson. Mr. Levinson, who also is the […]
Stanley Shopkorn, Ex-Moore Equities Chief, to Start Hedge Fund
Bloomberg – Stanley Shopkorn, a former head of equities trading at Louis Bacon’s Moore Capital Management LLC, plans to open a global stocks hedge fund, according to a person with direct knowledge of the matter. Hilltop Park Fund LP, based […]
Medallion Fund Hits a Jackpot
New York Post – Jim Simons, a man known for running one of the world’s most secretive, expensive and successful hedge funds, is on track to wow investors with another year of double-digit returns. Simons’ $8 billion Medallion fund, the […]
Blackstone’s income falls, but beats expectations
International Herald Tribune – Blackstone Group, manager of the world’s largest leveraged-buyout fund, said Wednesday that second-quarter profit beat analysts’ estimates as gains from hedge funds offset a decline in private-equity takeovers. Net economic income, a measure that excludes some compensation […]
In dim year, 2 Mass. funds shine bright –
Boston Globe – Massachusetts again has some of the best money managers in the world. But unless you’re a public employee or the parent of a Harvard student, you won’t benefit much from this tremendous talent. Harvard University’s endowment, already […]
Hedge fund founder barred from pleading
Boston Globe – A federal judge barred Samuel Israel, the convicted founder of hedge fund firm Bayou Group LLC, from entering a plea to bail jumping, saying his addiction to methadone may have impaired his judgment. A US judge cited […]
Tudor’s Jones, Pallotta may end partnership
Reuters – Hedge-fund pioneer Paul Tudor Jones and veteran stock picker James Pallotta are mulling changes to their 15-year partnership, including a possible parting of ways that could affect their $18 billion fund empire, the Wall Street Journal reported Thursday. […]