Monthly Archives: January 2018

Sadis & Goldberg expands investment funds and corporate practices

(Hedgeweek) Sadis & Goldberg has expanded its private equity, investment funds and corporate practices with the addition of partner Paul J Marino (pictured) who advises national and multinational hedge funds, private equity funds and corporations, ranging from telecommunications to technology […]

The UK’s financial watchdog is investigating troubled construction firm Carillion

(The Business Insider) The UK’s financial regulator has begun an investigation into troubled construction giant Carillion. The Financial Conduct Authority (FCA) is investigating the “timeliness and content” of announcements made by the firm between December 7, 2016, and July 10, […]

OCIO Specialist Hirtle Callaghan Names Morris To Senior Client Engagement Post

(FINalternatives) OCIO specialist Hirtle Callaghan has named asset management industry veteran and former SEI Investments executive Jim Morris as senior client engagement director. To read this article:

Dyal Capital Partners Takes Minority Stake in Cerberus Business Finance

(FINalternatives) Neuberger Berman affiliate Dyal Capital Partners has taken a strategic minority stake in Cerberus Business Finance, the middle-market lending platform of $30 billion alternative asset manager Cerberus Capital Management. To read this article:

Blackstone-Backed Archview Investment Group Said To Close

(FINalternatives) Stamford, CT-based distressed debt hedge fund Archview Investment Group is reportedly shutting down and plans to begin returning money to investors in the new year. To read this article:

The world’s hottest investment product is showing signs of slowing down

(The Business Insider) It used to be that if you wanted to attract interest in an exchange-traded fund, all you had to do was launch one. After all, as the ETF market exploded over the past decade, investor demand seemed […]

Bridgewater’s Bruce Steinberg Killed in Plane Crash With Family

(Bloomberg) Bridgewater Associates executive Bruce Steinberg and his family were among 10 Americans killed when a charter plane crashed into a mountain in Costa Rica on Sunday. “The Bridgewater family lost Bruce Steinberg (a senior investor at Bridgewater and a […]

Pershing Square, Valeant Arrive at Settlement Split For Allergan Lawsuit

(Reuters) Activist investor William Ackman’s Pershing Square PHS.AS and Valeant Pharmaceuticals (VRX.TO) on Friday decided to pay $290 million to settle a lawsuit that accused them of insider trading before bidding for Allergan Plc (AGN.N) in 2014. Pershing Square said […]

Steve Cohen Prepares Return With Help of Big Brother Oversight

(Bloomberg) Inside what will be his Stamford Harbor Capital sits a command center in the middle of the trading floor. There, a 50-member compliance team is strategically positioned to listen in on traders’ conversations in real time, comb through emails […]

OPEC Wins Over Hedge Funds to Make 2017 Oil’s Most Bullish Year

(Bloomberg) Oil bulls are charging into the new year with unprecedented vigor, and the credit goes to OPEC. The signs that the group is winning its tug of war with shale are compelling, and money managers have taken note: Their […]

Einhorn’s Main Hedge Fund Rises 2% in 2017 With December Advance

(Bloomberg) The main hedge fund at David Einhorn’s Greenlight Capital returned 1.1 percent in December as equities rallied. The gain boosted the fund’s return to 2 percent for 2017, according to an email to clients that was seen by Bloomberg […]

Cotton Was 2017’s Star Crop, and Funds Have High Hopes for 2018

(Bloomberg) The longest winning streak in two decades propelled cotton to 2017’s biggest increase among crop commodities, and hedge funds are ready for more gains in 2018. Of the nine components tracked by the Bloomberg Agriculture Subindex, only cotton and […]