Author Archives: Editor
Hedge fund titan Einhorn blasts GE in quarterly letter
MarketWatch – Billionaire hedge-fund manager David Einhorn had harsh words for General Electric Co. GE, -0.84% in his first-quarter letter, calling the company’s decision earlier this month to largely shed its finance arm a victory for proponents of the Dodd-Frank […]
Ex-BlueBay veteran’s hedge fund Goldbridge shuts down
Reuters – Goldbridge Capital Partners, the hedge fund manager founded by two former BlueBay Asset Management veterans, has shut, one of its key investors said on Monday, following losses in its fixed income hedge fund last year. Goldbridge, launched in […]
Macquarie to start $US1b Americas quantitative hedge fund
AFR – Macquarie Group plans to start a quantitative hedge fund this year that will invest in stocks listed in the United States, Canada, Brazil, Chile and Mexico, according to sources. The fund will trade stocks in the Russell 2000 […]
Eurekahedge: Hedge Funds Return $54.1 Billion In Q1
New York (HedgeCo.Net) – Hedge funds returned $54.1 billion in performance-based gains for the first quarter of 2015; their highest Q1 gains on record since 2006 which brings the total industry AUM to a record high of nearly $2.2 trillion. […]
Seward & Kissel Says Hedge Funds Are Looking More Like Family Offices
New York (HedgeCo.Net) – According to a recent study from Citi Private Bank, an increasing number of hedge funds are converting to family office structures for various regulatory and compliance reasons. Image courtesy of Switzerland Family Office “It is absolutely […]
How Citadel and the Fed Crossed Paths Before the Hedge Fund Hired Ben Bernanke
Wall Street Journal – In March 2008, the investment bank Bear Stearns Cos. was teetering on the brink of collapse. To help prevent the firm’s disorderly implosion, the Fed arranged for a cash infusion, via J.P. Morgan Chase & Co., […]
Ben Bernanke’s top excuse for working at a hedge fund actually makes it worse
Vox – After cooling his feet for a number of months at the Brookings Institution, former Federal Reserve Chair Ben Bernanke is going to cash in by working at the hedge fund Citadel. But rest assured, he told the New […]
16 of top 50 European hedge funds donate more than £6.5m to Tories
The Guardian – Sixteen of the top 50 European hedge funds or their executives have donated more than £6.5m to the Conservatives, according to a new analysis of data. All of the firms have established funds which have been based […]
Almost 4 years after MF Global failed, Jon Corzine is reportedly getting ready for a comeback
Business Insider – Jon Corzine is thinking about making a comeback. According to a report from The Wall Street Journal, Corzine, who was formerly chairman of Goldman Sachs and the CEO at hedge fund MF Global before it went bankrupt […]
eVestment: Hedge Funds up 23.7% in 2014
New York (HedgeCo.Net) – Total private equity and real estate funds AUA saw a big jump, up 23.7% year-over-year for a total in 2014 of US $1.580 trillion eVestment reports. Adoption of outside fund administration is almost universal among hedge […]
Hedge fund money going to venture-backed startups is skyrocketing
Yahoo Finance – The amount of venture capital startup companies are raising from hedge funds, mutual funds and others beyond the traditional venture capital community is skyrocketing, fueling fears of another tech bubble. While venture capitalists poured $11.3 billion into […]
Zombie Hedge Funds & Tech’s Dual Role
More spinoffs and startups are plunging in with enterprise-grade risk systems than before. Is this a fad, good business, or a trap? Don’t get me wrong, I don’t have anything against the erstwhile Zombie/Vampire craze that swept through American culture […]
