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Category Archives: Syndicated

Highland Capital Seeks to Unmask Author of ‘Defamatory’ Post on Dealbreaker

(Reuters) Highland Capital Management LP on Thursday asked a New York state judge to order the operator of Dealbreaker.com to disclose information that could help it identify whoever posted a comment that the hedge fund firm considered “defamatory.” According to […]

Tiger-Backed Hedge Fund Firm Tyrian to Close

(Reuters)Tyrian Investments LP, the stock-focused hedge fund manager backed by Julian Robertson’s Tiger Management LLC, is shutting down, according to a person familiar with the situation. New York-based Tyrian was founded in January 2010 by Orlando Muyshondt with so-called “seed” […]

Fidelity Survey: 72% Of Global Investors To Boost Allocation to Illiquid Alternatives in 2017/18

(FinAlternatives) Institutional allocations to alternative investments are expected to rise sharply over the next few years, according to the latest Global Institutional Investor Survey by Fidelity. In addition, investors are expected to boost exposures to domestic fixed income, cash and […]

Alphadyne to Spin Off $2 Billion Singapore Hedge Fund Unit

(Bloomberg) Alphadyne Asset Management LLC, a New York-based hedge-fund manager overseeing $4.8 billion in assets, will allegedly separate its Asia team into a new firm. Bart Broadman, a co-founder of Alphadyne and chief investment officer of its Asia strategy, will […]

Trade, Tax Reform Among Top Economic Priorities For Incoming Administration

(FinAlternatives) U.S. Treasury Secretary nominee Steven Mnuchin said on Wednesday the incoming Trump administration would make tax reform and trade pact overhauls top priorities as it seeks to achieve sustained annual economic growth rates of 3-4%. To read this article:

Institutions Aim to Boost Bets On Hedge Funds, Private Equity

(Reuters) The majority of institutional investors worldwide are seeking to increase their investments in riskier alternatives that are not publicly traded such as hedge funds, real estate and private equity over the next one to two years to combat potential […]

Tech Investor Glade Brook to Shut Hedge Fund, Favors Narrower Bets

(Reuters) Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday.The change comes as the […]

Cohen’s SAC Capital in $135 mln Settlement with Elan Investors

(Reuters) Billionaire Steven A. Cohen’s former hedge fund SAC Capital Advisors LP will pay $135 million to settle a lawsuit by investors in the drugmaker Elan Corp, who said they lost money because of insider trading by one of his […]

Ex-Goldman Banker Likely To Be Nominated As Treasury Chief

(New York Post) A Goldman Sachs alum and movie producer is expected to be nominated as the next treasury secretary. Steven Mnuchin is likely to get the nod from President-elect Donald Trump as early as Wednesday, multiple outlets reported Tuesday…. […]

Dollar Heads for Biggest Monthly Advance Against Yen Since 2009

(Bloomberg) The dollar was on pace for its best month against the yen since 2009 as signs of U.S. economic strength spurred bets that monetary tightening will accelerate. The greenback has risen more than 7 percent in November amid speculation […]

U.S. Regulators Probing Bankrupt Energy Firm Linked to Platinum Partners

(FinALternatives) At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority-owned by Mark Nordlicht’s troubled Platinum Partners, according to a legal filing submitted last week. To read this article:

Pershing Square Asks SEC for Exemption After Campaign Donation

(FinAlternatives) Bill Ackman’s Pershing Square Capital Management has asked the SEC to be exempted from possibly having to return fees earned from managing money for the Massachusetts state pension fund, after a former employee’s $500 donation to a family friend’s […]

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