Category Archives: Syndicated
London hedge fund scours Japan for more deals
Reuters- The Children’s Investment Fund (TCI) is scouring Japan for more deals but sees its struggle to raise the dividend at Japanese electric power wholesaler J-Power as a test case for furtherinvestment, a TCI executive said on Monday. TCI also […]
Ameritrade: Hedge funds urge combination
Boston Globe- Two hedge funds that own stakes in TD Ameritrade Holding Corp. are pushing the online-brokerage firm to seek a large merger, saying that Ameritrade could boost shareholder value by joining forces with either E-Trade Financial Corp. or Charles […]
Openwave Shuts Out Hedge Fund
Business Week- Openwave Systems, dogged by sliding sales and a steady stream of red ink, has nonetheless attracted a suitor. But the communications software and services provider stiff-armed hedge fund Harbinger Capital June 5, recommending that its shareholders reject Harbinger’s […]
Hedge Funds Muscle In On Private Equity Deals
Livemint- Gridstone Research, an equity research start-up in Mumbai, had secured venture capital funding from three investors last March. The investors included Charles River Ventures, Helion Venture Partners and finally Maverick Capital, a $10 billion (Rs41,000 crore) American hedge fund. […]
FIIs Investing In India Can Now Hedge In Dubai
Economic Times- Foreign institutional investors (FIIs) and hedge funds will now have an alternate route to bet on the rising rupee. The Dubai Gold and Commodities Exchange (DGCX) will be launchingfutures contracts on the rupee. Each contract, which covers up […]
Growth Of 130/30 Funds May Lift Hedge Fund Borrowing
CNNMoney.com- Growth of so-called 130/30 and 120/20 funds may lift borrowing costs for hedge funds, according to a report released Monday by the consulting firm Vodia Group. These 130/30 and 120/20 funds are an increasingly popular alternative to hedge funds […]
Disclosure Advisory Board Speaks Out On Hedge Fund Secrecy
New York- (HedgeCo.Net) In a newly published white paper by the Disclosure Advisory Board, “Shareholder ID: The Resounding Silence of Non-Disclosure,” the Board calls for investors to reveal their identities and for regulators to re-examine existing shareholder disclosure rules, that […]
Institutions Seen Investing $85 Bln In Hedge Funds
Reuters- Institutional investors are set to invest $85 billion into hedge funds and funds of hedge funds over the next 12-18 months, according to research firm Private Equity Intelligence (Preqin). In a note on Friday, Preqin said while high net […]
Hedge funds draw in the profits for Brait
Reuters- South African investment bank and private equity group Brait increased full-year earnings by 10 percent, helped by a solid performance from the firm’s specialised funds unit, the company said on Monday. Brait, one of the biggest private equity players […]
Germany Sees No Quick Fix to Hedge Fund Oversight
Reuters- German Finance Minister Peer Steinbrueck reiterated his wish to see greater oversight of the hedge fund industry ahead of a key summit, but said he did not expect consensus on the matter tobe reached quickly. As leaders of the […]
Trian, Peltz’s Activist Hedge-Fund Group, to Raise $2 Billion
Bloomberg- Nelson Peltz, the billionaire investor known for pressing companies to take steps to increase their stock prices, is raising $2 billion for his hedge-fund group Trian Fund Management LP. Trian set up a pair of new partnerships last month, […]
Hedge Funds Get Big Changes at Motorola, Ceridian
StockHouse- Two major companies currently under pressure from activist hedge fund managers made major announcements on Wednesday of events aimed at enriching their investors. Motorola, which has been fielding demands from billionaire Carl Icahn, announced it would lay off 4,000 […]