Monthly Archives: February 2015
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 […]
KPMG Tax Partner Authors New Book: “Tax Compliance And Reporting For Hedge Funds And Their Investors”
User Contributed News – KPMG Tax partner Joseph Pacello has authored a new book, titled “Tax Compliance and Reporting for Hedge Funds and Their Investors,” that provides a detailed look at tax compliance and reporting issues for professionals responsible for […]
Hedge Fund Centaur Launches Headquarters In New York
New York (HedgeCo.Net) – Dublin-based Centaur Fund Services is expanding its global presence with the opening of a new office and US Headquarters in New York. The office has been established by recently appointed America Head of Business Development, Bryan […]
West Midlands Pension Fund joins hedge funds exodus
Reuters – The UK’s West Midlands Pension Fund is in the process of withdrawing its hedge fund allocations of just over 200 million pounds ($300 million), becoming the latest institution to end the use of these relatively expensive and complex […]
Vladimir Putin’s Ex-Hedge Fund Buddy Pens Memoir
DealBreaker – It’s been 10 years since the Russian president decided he didn’t want hedge-fund manager William Browder around anymore—before he changed his mind and asked Interpol to have him arrested and returned to him for what would have undoubtedly […]
New Singapore activist hedge fund seeks to shake up companies
Bloomberg – Roland Thng is seeking to shake up Singapore’s staid corporate landscape, setting up a new hedge fund focused exclusively on influencing the way locally listed companies are run. The 33-year-old has established EVA Capital SP with US$5 million […]