Monthly Archives: February 2015
Ex-Federal Prosecutor in New York Joins Ackman’s Hedge Fund
Dealbook – Until a few weeks ago, Jenna Dabbs was a federal prosecutor in Manhattan, leading the charge in prosecuting some of the biggest and toughest drug kingpins in the world. Now, she’s working for the billionaire investor William A. […]
Hedge funds betting on hotly contested UK election
Opalesque – The hotly contested general election in the UK has attracted the attention of some of the top hedge funds as they start placing their bets in the coming May polls. Joseph Oughourlian, co-founder and portfolio manager at U.S.-based […]
Hedge funds take short positions against resi companies
Property Week – According to a report in the Financial Times, several hedge funds have taken out short positions against estate agents Foxtons and Savills, alongside online property group Zoopla, and London’s largest housebuilder Berkeley Group. The capital faces a […]
Morgan Stanley Aims to Sell Stake in Lansdowne Partners
WSJ – The New York investment bank is looking to sell its 19% stake in the $17.5 billion London-based Lansdowne Partners LLP, according to people familiar with the matter. The attempted sale adds Morgan Stanley to a wave of banks […]
Hedge Fund Insider Trading Concerns after Latest Major Court Decision
Forbes – At their core, hedge funds are processors of information and the product they sell is their ability to utilize information to make profitable trading decisions. Analyzing a security from a pre-trade buying decision to the subsequent decision to sell […]
The HedgeCoVest Platform and Cantab Fund both Record Strong Performance in January
The HedgeCoVest Platform and Cantab Capital Partners both got off to a great start in 2015. The Cantab Fund, gained 13.4% for the month of January. A good portion of the gains can be attributed to the actions of the […]
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 […]