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Category Archives: Syndicated

SEC Adopts Recommendations For Changing Accredited Investor Definition

Sadis & Goldberg – The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 mandates that the United States Securities and Exchange Commission (the “Commission”) review and update the definition of an “Accredited Investor”. On October 9, 2014, the […]

Turmoil Boosts Hedge Funds That Bet Against Russia, Oil

Bloomberg – Randy Smith’s Alden Global Capital has been betting against the ruble for the past month and a half. Yesterday, it paid off when Russia’s currency fell as much as 19 percent. Alden, a $1.8 billion New York-based hedge […]

Boomers are finding easier access to hedge funds

MarketWatch – A generation of investors nearing retirement is increasingly looking at alternative investments, such as commodities, real estate, private equity and hedge funds, not only to reach for higher returns but also to provide a hedge against risk through […]

No hedging possibility of Staples merger now

Boston Globe – I stopped in at a Staples store over the weekend and saw lots of merchandise offered as doorbuster-style values: a $200 printer available for half price, an office chair discounted from $180 to $99.99, and the steal […]

Goldman Sachs plans smart-beta, hedge-fund-like ETFs

MarketWatch – Goldman Sachs GS, -1.20% has signaled it’s stepping up its efforts in the fast-growing, $2 trillion U.S. ETF industry. In a regulatory filing on Friday, the giant bank revealed plans for 11 exchange-traded funds that take smart-beta or […]

Hedge Fund Alden Said to Profit on Panic Shorting Russian Ruble

Bloomberg – Hedge fund Alden Global Capital is profiting from the turmoil sweeping across Russia’s financial markets. The $1.8 billion New York-based firm run by Randy Smith has been betting against the ruble for the past month and a half, […]

This Hedge Fund Manager Who Remembers 1998 Says Prepare for Pain

Bloomberg – Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s currency pegs, first felling Thailand’s in […]

Asia Hedge Funds Survive in Year of Pain for Global Industry

Bloomberg – In a punishing year for global hedge funds, those investing in Asiaare the survivors. Stung by poor returns and large redemptions, 889 hedge funds worldwide shut in the first 11 months of the year, above the annual average […]

Big hedge funds win again on PetSmart, Riverbed

CNBC – On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale and, with a 9.9 percent stake in the company, […]

Hedge-Fund Manager Makes Millions Moonlighting as Wildlife Photographer

Bloomberg – A black-and-white photograph of a charging rhinoceros dominates one wall of David Yarrow’s $230 million hedge-fund firm, Clareville Capital Partners LLP, in London. Unlike the art that hangs in the offices of most highflying hedge funds, however, the […]

Juniper Networks, Hedge Fund in Board Talks

WSJ – Juniper Networks Inc. is in talks with activist investor Elliott Management Corp. about adding new directors to its board, a move that could enable the technology company to avoid a proxy fight. Elliott, which owns a roughly 9% […]

Boss of hedge fund Weavering battles fraud charges in London court

Reuters – Magnus Peterson, battling fraud charges after his $600 million Weavering hedge fund collapsed during the financial crisis, told a court on Friday he could not remember which investors he had warned about his fund’s use of complex financial […]

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