Tag Archives: stocks
Northern Arizona Land Eyed by Hedge Funds
West Palm Beach (HedgeCo.net) – Rolling Hills Ranches, LLC has has been in talks with a number of investors and hedge funds in recent weeks, engaging experts from the Master Planned Communities group of Kitchell Construction to provide planning oversight […]
Tontine Capital to Start New Hedge Fund After Losses
Bloomberg – Jeffrey Gendell, whose investment firm Tontine Associates LLC is liquidating two hedge funds after losses of more than 60 percent this year, plans to start a new fund in February. The Tontine Total Return Fund will invest in […]
Merger-Arbitrage, Other Hedge Funds Hurt By Nixed BCE Deal
Wall Street Journal – If you thought the collapse of one of the biggest leveraged buyouts in history would be devastating for merger-arbitrage hedge funds, you’d be right. But pure merger arbitragers weren’t the only hedge funds hurt. The $41 billion […]
Global stocks and dollar swing ahead of Fed meeting
Reuters – Volatility spread across stock and foreign exchange markets on Tuesday as investors eyed a Federal Reserve meeting expected to cut interest rates and hint at future unorthodox monetary policies to lift the U.S. economy. European stocks reversed early […]
Shareholders Flee Fortress
Forbes – Fortress Investment Group pulled up the portcullis on its Drawbridge funds Wednesday, but it’s stock is under seige. Fortress Investment Group‘s directors voted to temporarily suspend pending redemptionsafter investors asked to pull out roughly $3.5 billion by year’s end from its […]
Exclusive Mutual Funds Reopen for Business
Time – Here’s one upside to a down market: a number of historically prominent mutual funds that long ago shut their doors to new investors are reopening. It’s been years since anyone without an existing account could put money into […]
Summers Offers Big-Picture Advice to Hedge Fund
Wall Street Journal – In 2006, Lawrence Summers resigned as president of Harvard University and took a position as a part-time managing director with D.E. Shaw Group, a New York hedge fund with a reputation as one of the most […]
Citigroup eyes options, including merger
Reuters – Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. The second-largest […]
Hedge Fund Tracking: Lee Ainslie’s Maverick Capital, Q3 2008
Seeking Alpha – This is the Third Quarter 2008 edition of our ongoing hedge fund tracking series. We’ve already covered Whitney Tilson’s T2 Partners, Peter Thiel’s Clarium Capital, Bill Ackman’s Pershing Square, and Stephen Mandel’s Lone Pine Capital. Next up, […]
Hedge Funds May Fall to $1 Trillion by Mid-2009, Citigroup Says
Bloomberg – Hedge-fund assets may fall to about $1 trillion by the middle of next year, a decline of almost 50 percent from their peak in June, because of market losses and client withdrawals, Citigroup Inc. said in a report. […]
