Monthly Archives: February 2014

Activist Hedge Fund To Claw Back Its Breadsticks

New York (HedgeCo.Net) – One of the largest shareholders of Darden Restaurants, Starboard Value LP, has joined another activist investor, New York-based hedge fund Barington Capital Group LP, who said it is “evaluating all options” to provide a way “for shareholders to have […]

Joe Torre to Present manager of Marathon Asset Management with “Award for Caring”

New York (HedgeCo.Net) – Former New York Yankees Manager, Chairman of The Joe Torre Safe At Home Foundation, and prior recipient of the Hedge Funds Care/Help For Children (HFC) award, Joe Torre, will present Marathon Asset Management’s Bruce Richards with the […]

CNBC’s Jim Cramer To Speak To NJCU Students

New York (HedgeCo.Net) – Retired hedge fund manager Jim Cramer, the host of CNBC’s Mad Money is hosting a broadcast event sponsored by the New Jersey City University (NJCU). A magna cum laude graduate of Harvard College, Cramer earned his […]

George Soros reclaims top hedge fund title

The Age – George Soros’s Quantum Endowment fund has reclaimed the top spot as the world’s most successful hedge fund of all time, adding $US5.5 billion to the US billionaire investor’s fortune. Mr Soros is best known for triggering the […]

The Hedge Fund Wizard Betting Big on Big Data Research

Inside Philanthropy – Jaffray Woodriff knows a thing or two about data. The investment whiz based in Charlottesville, Virginia, used his homegrown predictive models of investment data to build a $4 billion-plus managed futures firm. Paying tribute to his golden […]

Two Sigma Suspends Surveys of Stock Analysts — Update

WSJ – Hedge-fund firm Two Sigma Investments LLC has suspended a survey program intended to garner information about companies from stock analysts, following a similar move by asset manager BlackRock Inc. last month under a settlement with New York. The […]

These big hedge funds got crushed in January

CNBC – Most hedge funds that bet on big economic trends lost money in January, hurt by reversing stock markets and wrong-way currency bets. Some of the hedge fund industry’s most prominent names were among the losers for the month. […]

US hedge fund Libra Advisers buys 7.2 percent stake in Rubicon for $12 million

ShareChat – US hedge fund Libra Advisors will take a $12 million stake in Rubicon in a private placement to shore up the company’s funding position and support its future commitments to forestry biotech firm ArborGen. The New York-based investor […]

Hedge Fund Launch: QCP Alpha Source

The emergence of social trading websites has opened up unique new sources of unexploited market intelligence, and a fund started by industry veterans is positioned to profit. “Like most investment managers, we are always on the lookout for original new […]

Hedge Fund Trader Mathew Martoma Found Guilty

New York (HedgeCo.Net) – Former SAC Capital trader Mathew Martoma has been found guilty of insider trading in what is being called the most lucrative hedge fund insider trading cases ever prosecuted. “As the jury unanimously found, Mathew Martoma cultivated and […]

Hedge Funds Shortlisted For ‘The AIF Factor’ Competition In Amsterdam

New York (HedgeCo.Net) – Six alternative investment funds have been selected from over 60 entries to compete in ‘The AIF Factor’ at next week’s 3rd Amsterdam Investor Forum (AIF), organised by ABN AMRO Clearing. Delegates comprising more than 200 institutional […]

Hedge Funds Lose Less Than Stocks in Month as Dalio Gains

Bloomberg – Hedge funds held up better than stocks in January, falling an average of 0.1 percent as global equities slumped amid a selloff in emerging-market currencies and signs of weakness in China. Bridgewater Associates LP’s Ray Dalio gained 1.1 […]