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Category Archives: Syndicated

City Financial seeks to double HK staff with new hedge fund-CEO

Reuters – UK independent fund manager City Financial is looking to double its Hong Kong staff in coming months, looking to benefit from an increase in investment flows to the region and launch a second hedge fund, Chief Executive Andrew […]

Adidas Shares Jump on Report of Hedge Funds’ Interest in Stakes

Bloomberg – Adidas AG rose the most in more than 10 months in Frankfurt trading on a report that hedge funds including Third Point LLC may take a stake and are pushing to remove Chief Executive Officer Herbert Hainer. The […]

Bad News for Hedge Funds Good for BlackRock Stock

Barron’s – The hedge fund industry is experiencing a Marie Antoinette moment. After years of stories about the massive houses, art collections, exotic autos, tax breaks, and fantastic life styles of hedge fund managers, some of the people who pay for […]

Stepson of the Blues LLC to Launch Alternative Investment Ad Campaign

PRNewswire – Title II of the Jobs Act removed the ban on general solicitation and created enormous opportunities for capital formation. Zacks Direct’s latest client leveraging this opportunity is Stepson of the Blues LLC as they seek capital from accredited […]

Investors still loving hedge funds even as CalPERS exits

Reuters – Despite the recent rebuke of hedge funds by the influential California Public Employees’ Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show. Research firm […]

Allergan reaches truce with suitors on special shareholder meeting

Reuters – Allergan Inc. has agreed not to throw up any roadblocks to a special shareholder meeting on Dec. 18, giving Pershing Square Capital Management a chance to attempt its threatened replacement of Allergan board members. The battling parties late […]

Source Launches In The United States

PRNewswire – Source, a global investment firm and one of the fastest-growing Exchange Traded Fund (ETF) providers in Europe, is bringing its distinctive approach, established track record and considerable resources to the U.S. market. The firm’s U.S. launch is spearheaded […]

Sears borrows $400 million from CEO’s hedge fund

MarketWatch – Sears Holdings Corp. is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer. The loan is being made by entities affiliated […]

Goldman Sachs’s Oryza Asia Hedge Fund Said to Top $1 Billion

Bloomberg – Goldman Sachs Investment Partners, set up to allow clients to invest with some of the bank’s top proprietary traders, raised about $1 billion for its first Asia hedge fund, said two people with knowledge of the matter. The […]

CalPERS Criminal Prosecutions Needed To End Public Pension Fraud

Forbes – Yesterday a federal grand jury indicted two former top officials of CalPERS, the nation’s largest public pension fund on fraud, conspiracy and obstruction charges. Three years after the “pay-to-play” influence peddling scandal surfaced at the $225 billion fund, […]

Sears Borrows $400 Million From Affiliates of CEO Lampert’s Hedge Fund

WSJ – Sears Holdings Corp. is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer. The loan is being made by entities affiliated […]

Hedge fund prize offers $1 million to cure…aging?

CNBC – A hedge fund manager is the latest to embark on one of the most ancient of human quests: immortality. Joon Yun, president of $1 billion health care-focused Palo Alto Investors, announced a new prize last week that will […]

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