Hedge Fund News From HedgeCo.Net

Category Archives: Syndicated

Wynnchurch Capital amasses nearly $2.3bn for the fifth fund

(Opalesque) Chicago-headquartered Wynnchurch Capital closed its fifth private equity fund, Wynnchurch Capital Partners V, reaching its hard cap of $2.3 billion in capital commitments. To read this article:

Activist hedge fund Elliott sells stakes in Hyundai Motor companies

(Reuters) Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board seats, South Korean media reported. The U.S. activist hedge fund was not among […]

Hedge fund HG Vora wants Tegna to consider a sale or merger

(Reuters) – Another large investor in Tegna Inc (TGNA.N) wants the U.S. regional TV station operator to pursue a merger or sale, arguing a tie-up could be very valuable at a time the industry is facing a wave of consolidation, […]

Pound extends gains as rate cut bets melt

(Reuters) – The pound extended gains on Thursday, building on the one-month high it reached against the euro in the previous session, as data this week reduced market expectations of a central bank rate cut as early as next week. […]

Cayman Gears Up for Significant Fund Regulation Changes

(AlphaWeek) January in the Cayman Islands saw the launch of the Cayman Government’s much-anticipated response to the continued drive to act decisively on EU and international recommendations by planning the introduction of bespoke, sector specic new requirements for the registration […]

Central Bank Group to Assess Potential Cases for Central Bank Digital Currencies

(Opalesque) The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences […]

Hedge funds up 8.74 per cent in 2019, says Eurekahedge

(Hedgeweek) The Eurekahedge Hedge Fund Index returned 8.74 per cent in 2019, supported by the risk-on sentiment among investors and positive geopolitical developments throughout the year. To read this article:

Citi sets up a $150m impact investing fund

(Opalesque) New York-based banking institution Citi has launched a $150 million fund that will invest in private-sector companies that have a positive impact on society. To read this article:

Broadridge to acquire FundsLibrary

(Hedgeweek) Broadridge Financial Solutions is to acquire FundsLibrary, a specialist in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. To read this article:

Institutional Investors back alternatives heading into 2020

(Opalesque) Institutional investors are backing alternatives heading into 2020. According to the newly released Eaton Partners LP Pulse Survey, 72% of institutional investors expect alternative assets to meet or exceed their benchmarks this year. More than half (52%) also described […]

44% of hedge fund managers recorded double-digit gains in 2019

(Opalesque) The global hedge fund industry AUM has increased by US$9.9 billion in 2019. Investor redemptions totaling US$126.2 billion have been recorded throughout the year, a level the industry has not seen post-crisis. To read this article:

Citadel Securities settles China probe

(Opalesque) Citadel Securities will pay 670 million yuan ($97 million) as part of a settlement with Chinese regulators over alleged trading irregularities in 2015. The settlement was announced by the China Securities Regulatory Commission To read this article: