Category Archives: Activist Funds

Hedge Fund Backed Mega-Quarry Riles Up Local Farmers

New York (HedgeCo.net) – The Highland Companies, backed by Boston-based hedge fund Baupost Group, is seeing local opposition to its new Canadian mega-quarry plans. The group of protesters yesterday passed the half-way mark of their 5 day, 119 kilometer march.  The group of residents, farmers […]

Medley Capital Acquires Hedge Fund Manager Viathon

New York (HedgeCo.net) – NY-based Medley Capital LLC has announced the acquisition of credit hedge fund manager Viathon Capital LP and all its related entities. “This transaction combines the analytical and credit strengths of the two organizations.” Brook Taube, Managing […]

Man Acquires $800 Million Hedge Fund

New York (HedgeCo.net) – Hedge fund giant Man Group plc., yesterday entered into an agreement to take full ownership through its US subsidiaries of Ore Hill Partners LLC and Ore Hill Partners Capital Management LLC (together, Ore Hill). “We are extremely excited […]

Hedge Fund Acquisitions: Magnetar Buys Metallurgical and Steam Coal Company

New York (HedgeCo.net) – $7.5 billion hedge fund investor Magnetar Capital announced that Lightfoot Capital Partners, LP has entered into a definitive agreement to sell its interests in International Resource Partners LP, a metallurgical and steam coal company, to James […]

Hedge Fund Service Expansion: DMS Management (Hong Kong) Limited

New York (HedgeCo.net) – Cayman Islands hedge fund firm, DMS Management Ltd, has opened a representative office in the Asia-Pacific region: DMS Management (Hong Kong) Limited. Supported by DMS’ Cayman office, the hedge fund firm hopes to strengthen the relationships between Hong […]

Hedge Fund Owns 24 Texas Shopping Centers

New York (HedgeCo.net) – Hedge fund manager Investcorp’s US-based real estate arm has made over $100 million in acquisitions in the past 30 days. The most recent of three purchases made by Investcorp over the past 30 days was the […]

Activist Hedge Funds: Ramius Challenges Immersion Choice of Directors

New York (HedgeCo.net) – Alternative investment and hedge fund advisor Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC., (Ramius) has challenged the board of top touch technology company Immersion to elect a new Director. Ramius also nominated […]

Hedge Fund Richie Capital Challenges Court’s Decision Against Victims Rights

New York (HedgeCo.net) – Hedge fund investment firm, Ritchie Capital Management, L.L.C., has filed a petition for a Writ of Certiorari (a formal written order seeking judicial review), asking the U.S. Supreme Court to review decisions of the Minnesota Federal District Court […]

Activist Hedge Funds: Helvetia Acquires Dunedin Independent

New York (HedgeCo.net) – Zurich-based activist hedge fund manager Helvetia Wealth has expanded its influence in Scotland with the acquisition of Dunedin Independent, Scotland’s largest independently-owned financial advisor (IFA). With GBP350 million ($539 million) in AUM, Dundein is ranked in […]

BNY Mellon Purchases I(3) Hedge Fund Advisors of Toronto

New York (HedgeCo.net) – BNY Mellon, a leading global financial services company, has completed its purchase of I(3) Advisors of Toronto, an independent wealth strategy company with more than C$3.8 billion in assets under advisement. This transaction represents BNY Mellon’s […]

SkyBridge Completes Acquisition of Citi’s FoHFs, Hedge Fund Seeding and Advisory Businesses

New York (HedgeCo.net) – $7.4 billion global alternative investment firm, SkyBridge Capital (SkyBridge) has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments LLC (CAI). The hedge fund […]

Man Acquisition of GLG, Launches $63 Billion Hedge Fund

New York (HedgeCo.net) – Hedge fund giant Man Group has created a hedge fund managing $63 billion after acquiring rival $23.7 billion hedge fund GLG Partners in a $1.6 billion in deal. Man Group held a presentation today at 9.30am […]