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Category Archives: Activist Funds

Vulture Hedge Funds Fight Over Europe’s Debt

New York (HedgeCo.Net) – Marathon Asset Management, the New York-based $11 billion hedge fund is reported to be starting a hedge fund to focus on European distressed debt. “The $530 million fund was opened on Jan. 15 and will start […]

Activist Hedge Fund Wants Changes At Juniper

New York (HedgeCo.Net) – Tech company Juniper Networks saw its stock rise nearly 10% yesterday when Paul Singer’s hedge fund, Elliot Management, sent the board of directors suggestions on how to boost their share price and increase profits. The $23 billion hedge fund holds 6.2% […]

Activist Hedge Funds Fight For Media Company Management

New York (HedgeCo.Net) – Minnesota-based entertainment company ValueVision Media has rejected proposals by $1.5 billion activist hedge fund Clinton Group to hold a shareholder meeting in order to elect a new CEO and board of directors. The Clinton Group then joined […]

Former Centaurus Hedge Fund Founder Donates $10 Million During Government Shutdown

New York (HedgeCo.Net) – Former hedge fund manager John Arnold and his wife have pledged up to $10 million in an effort to fund Head Start programs that could no longer operate due to the government shutdown. “Early childhood programs for […]

Loeb’s Activist Hedge Fund Acquires 5.7% Stake in Sotheby’s

New York (HedgeCo.net) – A new filing with the SEC shows that Daniel Loeb’s $14 billion hedge fund Third Point LLC spent over $156 million on the acquisition of a 5.7% stake in Sotheby’s. The well known activist hedge fund Third […]

“Vulture” Hedge Funds Getting Ready to Swoop On Detroit

New York (HedgeCo.Net) – Some major hedge funds are focusing on Detroit, looking for ways to profit from the city’s distressed debt, according to an article from the Detroit Free press. Vulture fund is a term commonly used to refer to a private […]

Hedge Funds Add New Antitrust Claim Against Porsche

New York (HedgeCo.Net) – A group of hedge funds led by Elliott International and Perry Partners are going up against Porsche, suing them for 1.81 billion euros (approximately $2.4 billion). “After other investors lost two similar claims at a German […]

Daniel Loeb’s Hedge Fund Buys $112m In Disney Stock

New York (HedgeCo.Net) – Activist investor Daniel Loeb and his hedge fund Third Point LLC, has acquired an approximate $112 million stake in Disney, according to report by Bloomberg this morning. Third Point now owns 1% or 1.8 million shares […]

Hedge Fund Seeder Investcorp Applauds Prosiris On Surpassing $1 Billion In Assets

New York (HedgeCo.Net) – Hedge fund giant Investcorp has struck gold again by seeding Prosiris Capital Management LLC, a credit-oriented investment manager founded by Reza Ali. Prosiris has now surpassed $1 billion in assets under management, Investcorp provided Prosiris with an initial seed […]

Soros Private Fund Invests $150M In Brazil 4G Startup

New York (HedgeCo.Net) – George Soros’s private hedge fund is investing $150 million into the development of the 4G market in Brazil. Industry resource TelecomPaper reports: “Brazilian start-up On Telecom has announced the launch of operations, with plans to offer a […]

Sony Rejects Hedge Fund Proposal

New York (HedgeCo.Net) – Sony Corp has rejected Daniel Loeb’s idea for a spinoff of part of Sony’s entertainment arm that would have included a Hollywood movie studio and music business. The board unanimously rejected the deal. “The Sony board of directors […]

George Clooney Slams Hedge Funds: They Have “No Conscience”

New York (HedgeCo.Net) – George Clooney went on a tirade against hedge fund billionaire Daniel Loeb, who after acquiring a 7 percent stake in Sony, is looking to spin off part of its entertainment arm that will include a Hollywood movie studio and […]

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