Monthly Archives: February 2013
DCF Expands Sell-Side Advisory Reach With Afilliates in MI, NY and TX
Decosimo Corporate Finance, LLC (“DCF”), an investment banking firm affiliated with the 9-office regional accounting and business advisory firm Decosimo, announced today that the firm is continuing to expand its sell-side advisory reach by adding affiliates in Michigan, New York […]
From Hedge Fund Manager To Costumer Collector
Business Insider – Host of CNBC’s Mad Money, a daily hour-long show, Jim Cramer tells his viewers which stocks to buy, hold and sell, often in elaborate costume. Known for his zany on-screen antics and for yelling “Boo-yeah!,” Cramer has dispensed stock market […]
Hedge-Fund Manager Aurelius Backs J.P. Morgan in MF Global Fight
A New York hedge-fund manager wants J.P. Morgan Chase & Co. to go after MF Global Holdings Ltd. over a $928 million claim, echoing J.P. Morgan’s sentiments that a win could improve recoveries for creditors of an MF Global financing subsidiary. […]
The 40 Highest-Earning Hedge Fund Managers And Traders
Forbes – In 2012, prominent hedge fund managers made headlines by successfully trading against JPMorgan Chase & Co., spending lots of money to influence the U.S. presidential election, and proclaiming that a nutritional supplements company was operating a pyramid scheme. While they […]
New Hedge Fund Deposits to Triple, Deutsche Bank Says
Bloomberg – New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high, according to an annual survey by Deutsche Bank AG. (DBK) Hedge fund assets worldwide may increase 11 percent to […]
Hedge fund legend Michael Steinhardt: ‘I’d Like To Die Broke’
BI – Hedge fund legend Michael Steinhardt is selling his private collection of Jewish ceremonial art at auction on April 29th, says WSJ. The collection is valued at around $11 million and will be sold at Sotheby’s. Steinhardt, a Wharton grad, is known for amazing returns […]
Ex-gov, hedge fund target Mont. mining company
Business Week – BILLINGS, Mont. (AP) — Montana’s bolo tie-wearing former governor teamed up Monday with an unlikely ally — a New York hedge fund — to launch a fight for control of a precious metals mining company that sunk […]
Emerging market hedge funds boom with billions more assets
CityAM – EMERGING market (EM) hedge funds boomed in the fourth quarter of last year, led by a surge in macro strategies and India-focused hedge funds, according to new figures. EM hedge funds across the world reached 1,100 by the […]
Investors See Hedge Fund Growth, Settle For Lower Returns
Finalternatives – Alternative investment assets will return to their all-time high this year, according to an investor survey. The 11th Deutsche Bank Alternative Investor Survey shows that those investors expect industry assets to take in $123 billion in new capital […]
‘Captain Magic’ conjures up hedge launch
Financial Times – The glory days of the hedge fund launch may not be entirely over. Raffaele Costa, a flamboyant former GLG partner and self-styled “Captain Magic”, will this week unveil the first fund at his new firm Tyndaris, in […]
Argentina and ‘holdout hedge funds’ prepare for the final clash this week
Merco Press – Argentina risks defaulting again, this time on 24 billion in restructured debt if it sticks to a vow never to comply with orders to pay so-called “holdouts” but still tries to pay the vast majority of investors […]
New Hedge Fund Deposits to Triple, Deutsche Bank Says
Bloomberg – New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high, according to an annual survey by Deutsche Bank AG. (DBK) Hedge fund assets worldwide may increase 11 percent to […]