Hedge Fund News From HedgeCo.Net


Category Archives: Activist Funds

Eight Hedge Funds Dump all Gun Stocks, 14 More Cut Holdings

New York (HedgeCo.Net) – Eight hedge funds and money managers have completely divested their gun holdings, valued at $150 million, just six months after Moms Demand Action for Gun Sense in America launched a national divestment campaign against manufacturers of assault weapons and high-capacity […]

Hedge Fund Glenview Capital Wants New Healthcare Board Of Directors

New York (HedgeCo.Net) – Hedge fund Glenview Capital Management LLC, which owns 14.6% of the common stock of Health Management Associates, Inc. today (25th) filed a preliminary Consent Solicitation Statement nominating eight industry leading candidates to replace the current Board […]

Activist Hedge Fund Ups Its Sony Stake

New York (HedgeCo.Net) – Hedge fund Third Point has added five million shares in Sony Corp.,  taking its stake to 7% (up from 6.5%). Daniel Loeb and his hedge fund want Sony to spin off part of its entertainment arm that will include a Hollywood […]

Hedge Fund Activists Call For a Breakup Of RHJ International

New York (HedgeCo.net) – A group of hedge funds led by Geneva-based investor Equilibria Capital have called for the break-up of $5.1 billion financial services group RHJ International (RHJI). The move would stop RHJI from acquiring leading German investment bank BHF, and […]

Billionaire Hedge Fund Manager Wants A Sony Spin-Off

New York (HedgeCo.Net) – Bloomberg reports that the founder of hedge fund Third Point is looking to breakup Sony Corp., after acquiring a 6.5 percent stake in the company. Daniel Loeb wants Sony to spin off part of its entertainment arm […]

Elliott Management leader digs heels in on acquisition of Argentine Vessel

New York (HedgeCo.Net) – Paul Singer, the billionaire manager of Elliot Management, has opened up to his investors about the details surrounding the acquisition of the Argentinian vessel ARA Libertad. In an investor letter obtained by the NY Post, Singer […]

Romney Super PAC Backed by Hedge Fund Billionaires

New York (HedgeCo.net) – Forbes reports that at least 30 billionaires, 7.5% of the Forbes 400, have donated to the Mitt Romney-backing super PAC Restore Our Future, among them are some of the top hedge fund managers this year. According to Restore Our […]

Hedge Fund Mergers & Acquisitions: Deloitte Expands Into The Restructuring Marketplace

New York (HedgeCo.net) – Hedge fund advisory, tax and consulting company Deloitte LLP., has acquired all of the assets of financial restructuring company CRG Partners. “Despite an improving economy, there are still companies facing significant operational and financial challenges,” said David Williams, […]

Hedge Fund Mergers & Acquisitions: Merlin Securities Team Joins Wells Fargo

New York (HedgeCo.net) – The hedge fund division (Wells Fargo Securities) of $1.3 trillion financial services company Wells Fargo, has reached a definitive agreement to acquire Merlin Securities, a prime brokerage services and hedge fund tech provider. “Merlin’s capabilities fill […]

Texas Teacher Pension Buys Bridgewater Stake

New York Times: The Teacher Retirement System of Texas just went from hedge fund investor to hedge fund owner. Last month, the Texas pension took a $250 million stake in Bridgewater Associates, the giant money manager. Now, rather than plowing […]

US Investor Acquires $2.4 Billion UK Hedge Fund Group

New York (HedgeCo.net) – $351.7 billion US investment manager, Federated Investors, Inc., is acquiring Prime Rate Capital Management from UK hedge fund Matrix Group Limited. Prime Rate Capital Management’s family of UCITS hedge funds include: Prime Rate Sterling Liquidity Fund, Prime […]

New Yorker Profiles Hedge Fund Tech Maestro Peter Thiel

New York (HedgeCo.net) – In the upcoming issue of The New Yorker, writer George Packer profiles hedge fund and venture-capital entrepreneur Peter Thiel. The article “No Death, No Taxes” comes out on November 28th. His venture-capital firm, Founders Fund, has an […]

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