Monthly Archives: March 2017
For Hedge Funds that are Looking for More Investors
(Harvest) If you are a hedge fund that is looking for more investors and to grow your AUM, feel free to check out the most recent video interview by Evan Katz, CEO of Crawford Ventures, Inc., regarding successful hedge fund […]
Hedge Fund Titan’s Surefire Bet Turns Into a $4 Billion Loss
(New York Times) A little over two years ago, William A. Ackman, one of Wall Street’s brashest and most self-assured hedge fund managers, was on top of the world. A billionaire before he hit 50, he was generating double-digit gains […]
European Bank Bonds: From Uninvestable to Irresistible?
(Harvest) Yield-hungry investors are quickly regaining their taste for deeply subordinated bank bonds. Some of these securities offer appetizing yields, but it’s important not to overindulge. Deeply subordinated bonds issued by Europe’s banks to satisfy tougher regulatory requirements are one […]
Barclay CTA Index gains 0.71 per cent in February
(HedgeWeek) Five of Barclay’s eight CTA indices had gains in February. The Financial/Metals Traders Index was up 1.18 per cent, Systematic Traders gained 0.89 per cent, Diversified Traders were up 0.78 per cent, and Currency Traders added 0.44 per cent. […]
How Citadel’s Ken Griffin Keeps Clients and What He’s Telling Them About 2017
(Chicago Breaking Business) Ken Griffin’s Citadel clients are a loyal bunch, sticking with him despite an investor exodus rattling the rest of the hedge fund industry. As rivals crumple on client withdrawals and slash fees to keep investors who are […]
Executives Charged With Manipulating Company’s Accounting Systems to Steal Money
(HedgeCo.Net) The Securities and Exchange Commission has charged two former executives with masterminding a fraudulent scheme to steal millions of dollars through phony expense reimbursements, inflated invoices, and other improper accounting tactics. The SEC’s complaint alleges that iPayment’s then-senior vice […]
University Of California Endowment To Nearly Double PE Allocation
(FINalternatives) The University of California’s $10.3 billion endowment plans to nearly double its allocation to private equity from 11.5% to 22.5%, largely at the expense of equity holdings. To read this article:
Peabody Bankruptcy Exit Could Mean Millions For Hedge Funds
(FINalternatives) When leading U.S. coal miner Peabody Energy emerges from bankruptcy next month, a group of seven investment funds, including Paul Singer’s Elliott Management and Mark Brodsky’s Aurelius Capital Management, could reap hundreds of millions of dollars in gains from […]
Talpins’s Hedge Fund Element Raises $2 Billion in 2 Weeks
(Bloomberg) Element Capital Management, the firm run by Jeffrey Talpins, raised $2 billion in two weeks as investors show growing interest in hedge funds that focus on macro economic events. The new money brings the firm’s assets under management to […]
Hedge Fund Pine River Loses More Partners After Asset Decline
(Reuters) Hedge-fund firm Pine River Capital Management LP is losing two more partners following a difficult year that involved a restructuring and major decline in assets, people familiar with the matter told Reuters. Franklin Parlamis, the firm’s most senior executive […]
Spanish News Baron Under Fire From Investors After Wipeout
(Bloomberg) Shareholders who have seen the value of Spanish publishing group Prisa all but wiped out since it went public in 2000 are now seeking to oust Chairman Juan Luis Cebrian, who rode out the downward spiral unchallenged. Investors including […]
A $5.5 Billion Hedge Fund is Stepping In Where Banks Fear to Tread — And Making a Killing
(The Business Insider) A $5.5 billion hedge fund is making a killing by stepping in to an area of business that European banks are pulling out of. Chenavari Investment Managers, a London-based hedge fund firm, says it is one of […]