Monthly Archives: February 2020
Hedge fund mogul David Tepper takes a stake in Intelsat and urges a new FCC deal
(CNBC) David Tepper’s hedge fund, Appaloosa, took a minority stake in satellite company Intelsat this week and sent a letter to its board, urging the company to renegotiate terms of its 5G deal with the Federal Communications Commission. To read […]
Lazard places ESG at the core of new emerging markets launch
(Hedgeweek) Lazard Asset Management is launching a new emerging markets quantitative fund which will trade a diversified, low volatility strategy with an ESG focus placed at the forefront of its stock-picking process. To read this article:
Credit Suisse Asset Management’s NEXT Investors acquires Northpoint
(Opalesque) Credit Suisse Asset Management’s NEXT Investors, a leading Fintech growth equity group, announced today the acquisition of the NorthPoint product suite and technology consulting practice from ACA Compliance Group (ACA), a leading global provider of governance, risk, and compliance […]
Align Capital Partners races to a $450m hard cap close of its private equity fund
(Opalesque) US-based private equity firm Align Capital Partners (ACP) has announced closing its second investment fund at $450 million, 12.5% higher than its target size of $400 million. To read this article:
Hedge funds use DIY strategies to gauge coronavirus impact
(Reuters) – As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China. To read this article:
Senator hedge fund’s founding duo to split; Klabin will leave firm
(Reuters) – Hedge fund Senator Investment Group told clients on Thursday that its founding partners are splitting up, ending one of the industry’s more profitable and durable professional marriages. To read this article:
Activist hedge fund Elliott builds stake in Dutch insurer NN Group
(Reuters) – Elliott Investment Management, U.S. billionaire Paul Singer’s activist hedge fund firm, has built up a 3.04% stake in Dutch insurer NN Group, a filing by the Dutch financial regulator AFM showed on Thursday. To read this article:
How hedge funds are preparing for US election as Trump-Sanders battle looms
(Hedgeweek) Hedge funds are positioning for a spike in volatility in healthcare, energy, financials and tech as the US presidential election gathers pace. To read this article:
US and China are the most preferred investment destinations for venture capital
(Opalesque)The US and China remain the most preferred investment destinations for venture capital (VC) investors globally, said a study. According to GlobalData, high-value VC investments (>=US$100m) also remain concentrated in the US and China with both countries collectively accounting for […]
Pamlico Capital closes $1.4bn fund
(Opalesque) Pamlico Capital, a lower- to middle-market private equity firm based in Charlotte, closed its Pamlico Capital V (PC V) fund with $1.4 billion in commitments. The North American private equity firm said that the fund exceeded its original $1.25 […]
EagleTree Capital closes fifth buyout fund at $1.12bn
(Opalesque) New York-based private equity investment firm EagleTree Capital closed lower-middle-market buyout fund EagleTree Partners V at $1.12 billion. To read this article:
Hedge fund Odey to vote against Anglo’s 405 million Sirius bid
(Reuters) – Hedge fund Odey Asset Management said it would oppose Anglo American’s (AAL.L) 405 million pounds ($526 million) bid to acquire a huge fertilizer project from Sirius Minerals (SXX.L), saying the terms do not represent fair value. To read […]