Monthly Archives: February 2015
Hedge Fund Manager’s Son Indicted For Patricide
New York (HedgeCo.Net) – Thomas Gilbert Jr. has been indicted for killing his 70-year-old father, Gilbert Sr., with a semiautomatic pistol inside his parents’ apartment near the United Nation’s headquarters in New York City last month. Thomas Gilbert Jr was […]
Hedge Fund Meets Mad Men As Interpublic Settles With Elliott Management
Forbes – Ad agency TV hit Mad Men plotted a number of Wall Street dramas including mergers, management buyouts, and bull and bear markets. But the hit AMC series never spoke to the hedge fund activists that are now storming […]
Strong start for ex-BlueCrest’s Braga as hedge fund gains 9.5 percent
Reuters – Leda Braga, one of Europe’s best-known hedge fund managers, achieved a 9.5 percent return for her BlueTrend hedge fund in January, a strong start for her business that spun out of BlueCrest Capital Management last month. The gain […]
Billionaire hedge fund manager explains why banker pay is way more screwed up than hedge fund manager pay
Business Insider – Billionaire hedge fund manager Paul Singer — the CEO of $25 billion Elliott Management — defended the hedge fund compensation structure, suggesting that bankers are the ones investors should be upset about. Since the financial crisis, hedge […]
General Election 2015: How hedge fund super-rich ‘donated £19m to Tory party’
Independent – A spotlight has been thrown on the Conservative Party’s close links with the hedge fund industry, as new research showed that around half of the wealthiest fund managers in Britain have given money to the Tory party, and […]
Judge Georgette Mosbacher, CEO and President of Borghese, Inc. to Receive Founder’s Award
New York (HedgeCo.Net) – During the 17th Annual New York Open Your Heart to the Children Benefit, Georgette Mosbacher, CEO & President of Borghese, Inc., will be presented with the Hedge Funds Care/Help For Children (HFC) Founder’s Award. It is […]
Buffett’s $1m bet pays off as index tracker beats hedge funds
Telegraph – The cheap tracker funds that anyone can buy will make you more money than hedge funds available only to the seriously wealthy, according to Warren Buffett. And the world’s most famous investor has put his money where his […]
Half of Britain’s richest hedge-fund chiefs have given cash to the Tories
Half of Britain’s richest hedge-fund millionaires have given cash to the Conservative Party, new figures have revealed. Of the 59 wealthiest City managers, 27 have ploughed £19million into the Tories’ election war-chest – with £10million flowing into the party’s coffers […]
Hedge Funds Are Bringing the 1990s Back
Forbes – It may be 2015, but hedge funds are revisiting 1990s-era merger ideas like a marriage of Staples and Office Depot. Only, instead of reflecting the heady, ‘stock is toilet paper’ zeitgeist of that decade, the new crop of deals […]
Culture Machine raises $18 million from hedge fund Tiger Global
Economic Times – Culture Machine, a startup building a network of channels on internet, has raised $18 million (Rs 111 crore) from hedge fund Tiger Global Management and existing investors Zodius Capital and Times Internet. The deal, which marks the […]
Brevan Howard Executive Paul Harris Joins Carne Channel Islands
New York (HedgeCo.Net) – Carne Group has recruited Paul Harris, formerly a Director with Brevan Howard, to join Carne’s Channel Islands office. Paul’s appointment complements Carne’s existing governance capabilities in the Channel Islands, covering private equity, real estate, infrastructure and […]
Chelsea Clinton’s husband lost a ton of money on Greece
BusinessInsider – Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton’s son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter sent […]