Category Archives: Syndicated

A $1.4 Billion Hedge Fund Is Looking Past Facebook’s Data Troubles

(Bloomberg) Facebook Inc. may be under global scrutiny amid a data breach scandal, but its fundamentals remain intact. Such is the thinking of Eric Bannasch, the founder of the $1.4 billion hedge fund Cadian Capital Management. Facebook has lost 14 […]

Some Tiger Management-Related Hedge Funds Boast Gains in Turbulent 2018

(Reuters) Several hedge funds who trace their ancestry to billionaire investor Julian Robertson’s Tiger Management are boasting positive returns for the year even as tumbling markets have left many rivals with losses. In the first three months of 2018, Glen […]

Stock Futures Fall After Trump Proposes $100 Billion More in Tariffs on China

(New York Times) U.S. stock futures fell more than 1 percent Thursday and Friday after U.S. President Donald Trump said he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China. S&P 500 e-mini futures were […]

BlackRock Seeks $2.5bn for Private Credit Fund

(Bloomberg) BlackRock Inc., the world’s largest asset manager, is seeking $2.5 billion for a private credit fund, according to a person with knowledge of the matter. The fund has raised $1.5 billion so far, according to the person, who asked […]

Currency Traders Stay on the Sidelines of the Tariff Fight

(Bloomberg) Amid the equity-market tumult kicked up by escalating trade tensions, currencies are in an unusual state of calm. The reason is that traders are struggling to choose the winners and losers. Volatility in the $5.1-trillion-a-day foreign-exchange market has barely […]

OPIM Partners With Longrising to Launch its First Offshore Hedge Fund

(Hedgeweek) Asian hedge fund platform OP Investment Management (OPIM) has partnered with Longrising Asset Management (Longrising) to launch the Longrising Prosperous China Fund, a Cayman-domiciled hedge fund for Professional Investors only. To read this article:

Citadel Sues Like-Named Firms in Far-Flung Places

(Pension & Investments) The Chicago financial services giant is tracking other Citadels down wherever they are, to halt imposters causing confusion in the marketplace.Citadel is suing firms and people in Estonia, Bulgaria and Austria for trademark infringement, making clear it […]

SEC Warns of Government Impersonators

(HedgeCo.Net) The Securities and Exchange Commission today issued an Investor Alert warning investors of fraudsters claiming to be SEC employees in an attempt to trick investors into sending money or revealing sensitive account information. The alert makes clear that the […]

Ackman Is Abandoned by Big Pershing Square Investors

Bill Ackman’s Pershing Square Capital Management is facing more bad news as many of the institutional investors in its private funds have asked to redeem their money. About two-thirds of the capital that investors could withdraw from Pershing Square private […]

Hedge Funds Remain Very Bullish on Tech, Morgan Stanley Says

A survey of Morgan Stanley prime brokerage clients shows that U.S. equity long-short gross leverage on a weighted average basis is back to post-crisis highs and at the highest levels since technology, media and telecommunications growth stocks tanked in March […]

BlackRock Seeks $2.5bn for Private Credit Fund

(Bloomberg) BlackRock Inc., the world’s largest asset manager, is seeking $2.5 billion for a private credit fund, according to a person with knowledge of the matter. The fund has raised $1.5 billion so far, according to the person, who asked […]

Currency Traders Stay on the Sidelines of the Tariff Fight

(Bloomberg) Amid the equity-market tumult kicked up by escalating trade tensions, currencies are in an unusual state of calm. The reason is that traders are struggling to choose the winners and losers. Volatility in the $5.1-trillion-a-day foreign-exchange market has barely […]