Monthly Archives: March 2016
Hedge Fund Luxor Capital Alters Terms of Withdrawal Plan
(Reuters)Luxor Capital, a $3.8 billion hedge fund that has been losing money for months, said on Monday it will not be returning exiting investors cash in full, keeping a portion locked up until some illiquid investments can be sold. Instead […]
How One Hedge Fund Made $2 Billion from Argentina’s Economic Collapse
(The Washington Post) When Paul Singer’s Elliott Capital launched a 15-year battle to wrestle billions out of Argentina for lapsed debt payments, it wasn’t the first time the hedge fund had taken on a foreign government.But few engagements have turned […]
Playbook for Treating Existing Investors with Allocations for Future Funding
(Harvest) Almost all good companies go through many rounds of funding to pursue innovation and growth as well as accommodate demand from investors that want in on a great deal. I recently spoke on a panel where the topic came […]
Trading The Market’s 7 Most Hated Stocks
(CNBC) When it comes to the most hated stocks on Wall Street, one investment officer says some of the animosity may be misguided. Out of the S&P 500 stocks with the highest short interest as a percentage of float, names […]
Fund Giant’s Winning Bet Against William Hill
(The Telegraph) It is not just the punters that flocked to the Cheltenham Festival that have profited at William Hill’s expense. One of the City’s biggest hedge funds is also in line for windfall thanks to the beleaguered bookmaker, after […]
Deutsche Bank Alternative Investment Survey Explores Fund Fees, Early Stage Investing and AIFMD
(Hedge Fund Law Report) In its 14th annual comprehensive Alternative Investment Survey, Deutsche Bank Global Prime Finance (DB) compiled information from 504 global hedge fund allocators that manage over $2 trillion in aggregate hedge fund assets – more than two-thirds […]
Missionary Turned Hedge Fund Boss Bets Big on Saving Fukushima
(Bloomberg) The Japanese region hit by the worst nuclear accident since Chernobyl has a new backer.“I’m now the biggest institutional investor in Fukushima,” says Curtis Freeze, New Yorker, hedge fund head and former missionary. The 53-year-old, who oversees $352 million […]
Hedge Funds Establish Near-Record Bullish Bet on Rising Oil Prices
(Reuters) Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel.By the close of business on March 22, money managers held […]
Moore Management Wins Best Alternative Fund Administrator
(HedgeCo. Net) Moore Management is delighted to announce it has been named ‘Best Alternative Fund Administrator – Channel Islands’ at the 2016 AI International Fund Awards. The 2016 AI International Fund Awards are designed to recognize and honor outstanding performance […]
PJT’s Caspersen Charged by U.S. Over $95 Million Fraud
(Bloomberg) A former managing director at PJT Partners Inc.’s Park Hill Group was arrested and charged with scheming to defraud investors, including a charitable foundation, of more than $95 million.Andrew Caspersen, 39, stole the money through phony private equity investments […]
NYC’s Largest Hedge Funds squeak out Quarterly Gain;
(Hedgetracker.com) The Top New York Hedge Funds overcame a tough quarter by squeaking out a 0.3% gain. This past quarter’s positive performance was driven by an elite group of 29 hedge funds who all saw their assets increase by more […]
Ashburton’s First Hedge Fund Nimble And Flexible
(Business Day) After spending two years in incubation to build up some credibility in the market, asset manager Ashburton Investments will introduce its first hedge fund to a wider investment market this week. Created and managed by a group of […]