Category Archives: Syndicated

Big Risk on Campus

BusinessWeek – Hot portfolios at Harvard and Yale have smaller colleges moving aggressively into hedge funds. They may be putting their endowments in jeopardy When the multi-billion dollar endowments at Harvard and Yale reported stellar returns during the bear market, […]

Finding Comfort (and New Friends) in Gold

Tuscaloosa News – IT’S a splendid spring day in Connecticut’s horse country and James E. Sinclair, perhaps the best-known gold speculator of his era, is sitting before his trading terminal,contemplating the upward thrust of gold on his trader’s chart. The […]

Hedge Fund Fees Make Blackstone, Lazard Risk Clients’ Loyalty

Bloomberg – Bruce Wasserstein, Stephen Schwarzman and Ken Moelis made their reputations on Wall Street by buying and selling companies. So why are they doing deals that Henry Paulson, chief executive officer of Goldman Sachs Group Inc., the king of […]

Caymans burnish image amid hedge fund growth

Reuters – For some, the Cayman Islands conjure images of beaches and turquoise waters. But this wind-swept trio of Caribbean islands also has a recurring image as a haven for shadowy financialdealings, a reputation Caymanians are trying to change. The […]

Hedge fund glitterati break charity record

London’s prosperous tribe of hedge fund managers trumped their New York rivals on Friday night after turning the annual ARK charity dinner into the richest ever single evening fund-raising event. The fabulous ball at Marlborough House, where 1,000 guests were […]

Hedge funds take flyers on film

Business Online – IT’S LIGHTS, camera, transaction. Over the past couple of years, hedge funds and investment banks have piled into Hollywood with big money deals. But rather than just lending to the studios, they are betting on potential box […]

US hedge fund ValueAct doubles its MDS stake

Globe and Mail – San Francisco hedge fund ValueAct Capital Partners LP has more than doubled its stake in MDS Inc. in the past 60 days to hold 6.6 per cent of the health sciences conglomerate. In a regulatory filing, […]

Hedge Funds: The New M&A Target?

TheStreet.com – Traditional asset managers want to tap into alternative assets to broaden the services they can offer to investors. More often than not, this leads them to acquire hedge funds, recruit hedge fund managers or incubate new hedge funds […]

Returns soar in North America

CityWire.co.uk – With returns in North America over the past 12 months outstripping those of recent years, the sectors top three fund managers have all derived their returns from different sectors of the market. Smith & Williamson’s A-rated Lady Tana […]

EU’s McCreevy rules out legislating on hedge funds

Reuters Italia – EU Internal Market Commissioner Charlie McCreevy ruled out introducing new rules to regulate hedge funds, saying they played a key role in putting the “fear of God” in companymanagement and boards to the benefit of all. “My […]

InfoUSA tells shareholders to ignore hedge fund

Reuters – InfoUSA on Thursday urged shareholders to ignore calls from a hedge fund to vote the database firm’s founder off its board, the latest shot in an increasingly acrimonious proxy battle. In a letter to stockholders, infoUSA founder and […]

AP1 managers leave to form hedge fund

IPE.com – The roughly SEK33.6bn (€3.6bn) Swedish hedge fund outfit Brummer & Partners has nabbed two asset managers from buffer fund Första AP-fonden, or AP1, todevelop a new hedge fund. Jesper Sandin and Daniel Chapuis are due to leave the […]