Tag Archives: amp


Paulson Hedge Fund Asks Dow to Close Rohm & Haas Deal

Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, urged Dow Chemical Co. to slash its dividend, sell new stock and issue bonds to pay for the stalled $15.4 billion takeover of Rohm & Haas Co. […]

Arbitrage Lures Gabelli After 920 Hedge Funds Fail

Bloomberg – Mario Gabelli is buying Wyeth to book a 13 percent profit from its takeover by Pfizer Inc. Managers at Cohen & Steers Inc. are scooping up closed-end funds trading at a 16 percent discount to the value of […]

Arbitrage Lures Gabelli, Huntington After 920 Hedge Funds Fail

Bloomberg – Mario Gabelli is buying Wyeth to book a 13 percent profit from its takeover by Pfizer Inc. Managers at Cohen & Steers Inc. are scooping up closed-end funds trading at a 16 percent discount to the value of […]

Fund managers put up billions to back cash calls

Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say that they have been inundated with calls from […]

Ex-Citadel Manager Returns 18% With Atom Japan Fund

Bloomberg – Atsuko Tsuchiya, the Japanese hedge- fund adviser who left Merrill Lynch & Co. to found her own firm, led Atom Japan Equity Fund to an 18 percent return in 2008, beating rivals who suffered the worst year on record. […]

Paulson Fund Makes at Least $420 Million Shorting RBS

Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, made at least 295 million pounds ($420 million) since September by short selling Royal Bank of Scotland Group Plc. Paulson held a short position of 0.87 percent […]

Paulson nets £100m from RBS slide

Guardian Unlimited – Billionaire hedge fund manager John Paulson has made a £100m profit by betting that the Royal Bank of Scotland’s share price would fall dramatically, according to calculations by the Guardian, adding fuel to the debate about the […]

Florida Hedge Fund Manager Missing Along with Investors Cash

New York (HedgeCo.Net) – Authorities are still searching for missing hedge fund manager and philanthropist Arthur Nadel after he vanished from his Sarasota home last week, while investors are searching for their $350 million they had tied up with him.   […]

Bank of America Receives $138 Billion of Rescue Funds

Bloomberg – Bank of America Corp., the largest U.S. bank by assets, received a $138 billion emergency lifeline from the government to support its acquisition of Merrill Lynch & Co. and prevent the global financial crisis from deepening. The U.S. […]

Girlfriend of hedge fund swindler Samuel Israel, accused of trying to send him money in jail

Union-News & Sunday Republican – The girlfriend of hedge fund swindler Samuel Israel III, already accused of helping him skip out on a prison sentence, tried to send him $300 in jail, officials said Wednesday. The cash was "secreted in […]

Eveillard and Englander Shun Leverage, Beat Rivals

Bloomberg – Jean-Marie Eveillard, who beat 99 percent of rival equity fund managers last year by hoarding cash instead of borrowing it, is loading up on Japanese insurers and Hong Kong developers. “Leverage eliminates your staying power,” said Eveillard, whose $16.8 […]

Hedge Fund Hell: Banks Jockey For Position

Street.Com – Battered hedge funds may still be the best-looking clients out there for banks, which face a dearth of opportunities to do deals in the dead M&A and IPO markets. The business of providing an array of services to […]