Hedge Fund News From HedgeCo.Net

Category Archives: Syndicated

Misery Widespread at Hedge Funds

WSJ – This month’s turmoil in financial markets has been a “bloodbath” for hedge funds, inflicting large losses at an array of multibillion-dollar firms in the industry’s worst stretch since late 2011. It isn’t unusual for one segment of the […]

Paulson’s Hedge Fund Urges Botox-Maker Allergan to Consider Buying Shire

NYT – If AbbVie no longer wants to buy Shire, perhaps Allergan does. That is the proposal being pushed by Paulson & Company, the hedge fund that has stakes in two of those big drug makers, according to people briefed […]

Hedge fund pitch: Don’t play with this gun stock

CNBC – Anyone investing in gun companies may soon be in the line of fire. That’s the view of Ryan Morris, president of hedge fund Meson Capital. In a note recently posted on SumZero, a private network for “buy side” […]

“Young Turk” Okumus Sits Atop Hedge Fund Leaderboard

ValueWalk – A “young Turk,” as Forbes magazine once called him, has taken the lead in the HSBC hedge fund sweepstakes. Ahmet Okumus, who knew as a young trader hanging out at the Istanbul stock exchange he wanted to be […]

Gloucestershire planners set boundaries for hedge fund tycoon Crispin Odey

Telegraph – When Diary recently wrote about Crispin Odey, the fund management tycoon, he was hedging his bets as his planning application to replace a stretch of historic hedgerow at his Gloucestershire manor with “aesthetic” iron railings hung in the […]

Hedge fund exit requests drop to nine-month low

Reuters – Investor requests to pull money out from hedge funds dropped to a nine-month low in October, new data released on Monday showed. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of hedge fund clients giving notice to withdraw […]

Billionaire hedge fund managers back whiz kids’ charity

The Star – When it came to figuring out how to get some of North America’s biggest billionaire hedge fund managers to support their unusual fundraiser for The Hospital for Sick Children, two Bay Street whiz kids discovered the best […]

Goldman Sachs Unit Is Said to Back Asia Hedge Fund Trilogy

Bloomberg – Goldman Sachs Group Inc.’s asset management unit agreed to back Hong Kong-based hedge fund startup Trilogy Partners Ltd., said a person with knowledge of the matter. The capital will be provided by the bank’s hedge-fund seeding team, said […]

Farmers, Hedge Fund Strike Deal Over Payments for Guar

WSJ – Farmers in Oklahoma and Texas who shipped more than $20 million worth of guar beans last year to the nation’s only guar processing plant, which is now in bankruptcy, have struck a deal with the plant’s majority owner, […]

Hedge fund mogul Eric Mindich escaped AbbVie deal

NYP – At least one prominent hedge fund mogul who played the now-busted $55 billion AbbVie-Shire deal got out in the nick of time, The Post has learned. Eric Mindich, one of a handful of hedgies who cut their trading […]

Sears Holdings Gets Cash as CEO’s Hedge Fund Buys Canada Shares

WSJ – Sears Holdings Corp. received an injection of $169 million from its CEO Edward Lampert ’s hedge fund this week, as the fund bought some of the struggling department store company’s shares in Sears Canada. The funds come as […]

Hedge funds face their worst year since 2011

CNBC – Hedge funds are on course for their worst year since 2011, as several of their biggest and most popular trades turned sour and some managers were forced to cut their losses. Wednesday’s new and sudden fall in US […]

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