Monthly Archives: March 2017

Hedge Funds Gird for Stock Selloff as Valuations Rattle Nerves

(Bloomberg) U.S. stocks have piled up $1.5 trillion in market value this year, but hedge funds are bracing for tough times ahead. Based on buying and selling in 2017, managers have stopped loading up on bullish positioning. They’ve also become […]

KKR Raises $13.9B For Twelfth PE Fund

(FINalternatives) Global alternative investment giant KKR has announced the final close of its latest flagship fund, raising an extraordinary $13.9 billion in capital commitments for its twelfth buyout vehicle. To read this article:

Lyxor: Hedge Fund Index Dips -0.8% As Event-Driven Streak Continues

(FINalternatives) Hedge funds dipped slightly last week as global macro funds were impacted by a stronger euro and lower European bond yields, short-term CTAs outperformed and event-driven funds notched their fifth positive week in a row, according to Lyxor Asset […]

Agecroft Wins 2017 Best Hedge Fund Marketing Firm

(HedgeCo.Net) Agecroft Partners has won the Hedgeweek Global Awards as the Best Third Party Marketer Firm for the sixth time in seven years. “We are honored to have won this award and more importantly we are happy that the market […]

Investcorp Closes Acquisition Of 3i Debt Management Unit

(FINalternatives) Alternative investment specialist Investcorp has completed the acquisition and integration of 3i Group’s $11 billion debt management unit and rebranded it as Investcorp Credit Management. To read this article:

Jacob Wohl, the Teenage-Hedge Fund Manager, has Been Ordered to Cease and Desist

(Benzinga) The career of Jacob Wohl, the 19-year-old “Wohl of Wall Street” hedge fund manager, seems to be coming to a quick end. The high school jock who started his own hedge fund as a teenager and reported questionably high […]

Hedge Fund Managers Think They Should Make More Money Even Though Most Don’t Beat the Market

(CNBC) Hedge funds, as a group, have a lower return than straight-up market indexes do….A majority — 53 percent — of those surveyed said they expected to produce higher overall earnings for themselves in 2016 compared with 2015… To read […]

Banks Come in From the Cold for Hedge Funds

(Reuters) Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks’ profitability from low interest rates and because of their opaque balance sheets. The election […]

Activist Fund RBR Asked GAM Chairman to Consider New CEO

(Reuters) Activist hedge fund investor RBR suggested outgoing GAM Holding Chairman Johannes de Gier consider bringing in a new chief executive at the Swiss asset manager, a source familiar with the meeting told Reuters. The meeting was also attended by […]

Macro Hedge Fund Prologue Capital To Close

(FINalternatives) Macro hedge fund Prologue Capital has closed its doors after being on the wrong sides of large political events in 2016 and suffering client redemptions reportedly tied to poor performance. To read this article:

Winton Capital’s Harding Pushes Back On Buffett Criticism of Industry Fees, Returns

(Reuters) – David Harding, founder of one of the world’s biggest hedge funds, on Friday defended his firm against Warren Buffett’s criticism of hedge fund fees last week. Multi-millionaire Harding said Buffett has a “habit of being right” but added […]

Winter Barbeques Lure Hedge Funds Bullish on Cattle

(Bloomberg) So much for the winter blues. It’s been so balmy across part of the U.S. that Americans have been firing up their grills at a time that’s usually better suited to sipping hot cocoa. U.S. consumers, buoyed by optimism […]