Monthly Archives: March 2015
The Economist explains: How hedge funds work
The Economist – In Febuary it emerged that nearly half of the richest hedge-fund managers in Britain have donated a total of £10m ($14.8m) to the Conservative party since 2010. Labour, the opposition party, has accused the Tories of dishing […]
Hedge Fund Deerfield Management Nets Two Scores In Pharma Merger Monday
Forbes – A major day of deal-making in the red hot biotech and pharmaceutical sector is paying for healthcare focused hedge fund Deerfield Management. On Monday, two of the fund’s largest publicly traded positions, Auspex Pharmaceuticals and Horizon Pharma HZNP […]
Here Comes a New Wave of Billion-Dollar Hedge Funds
Bloomberg – Hedge fund investors aren’t giving up just yet. At least five new hedge fund companies are on track to start with at least $1 billion this year, according to data compiled by Bloomberg, after eight firms started with […]
Hedge Fund Billionaire Ray Dalio Steps Up Foundation Giving
Forbes – Billionaire Ray Dalio has already built the world’s biggest hedge fund firm, Bridgewater Associates, which manages some $160 billion. He is now also building a large philanthropic foundation. According to the most recent public tax filing made by […]
Hedge Fund Accuses Alliance Trust of ‘Unbecoming’ Behavior
Bloomberg – Elliott Advisors accused Alliance Trust Plc and its chief executive officer, Katherine Garrett-Cox, of “unbecoming” behavior in the hedge fund’s latest sally at the 127-year-old U.K. money manager. Elliott renewed its call to install three new independent directors […]
Bernanke Will Blog on Economics, Finance And Sometimes Baseball
Bloomberg – Ben S. Bernanke is going on-line. The former Federal Reserve chairman has completed a book on the financial crisis, that will be published this fall, and is now launching a blog, the Brookings Institution said on Monday. “Now […]
Jersey Opportunities Highlighted At Hedge Fund Event
User Contributed News – Jersey has an opportunity to diversify its alternative funds capabilities and a growing role to play as a European domicile supporting US fund managers, according to panelists at this year’s Jersey Finance Annual London Fund Conference. […]
Hedge Fund Manager Investcorp Acquires U.S. Private School Network
New York (HedgeCo.Net) – Investcorp, an $11 billion international hedge fund manager has purchased Nobel Learning, a network of 176 schools across 18 states from private equity investor Leeds Equity Partners for an undisclosed sum. With approximately 5,000 teachers and staff and 25,000 […]
Russia and Leverage Are Powerful Mix Luring Hedge Funds to ETFs
Bloomberg – There’s no need for complex quantitative models, or in-depth bottom-up analysis. All it takes is one good bet. That’s the allure drawing traders to a pair of exchange-traded funds that take Russian stocks and triple their returns with […]
Blue-chip bankers lose £210m in hedge fund that collapsed after investing in derelict land in Scotland
Daily Record – The biggest names in world banking and finance lost tens of millions of pounds after the collapse of an investment firm connected to Greg King’s Heather Capital hedge fund. The extent to which major investors had backed […]
U.S. hedge fund criticises Vivendi over Bollore role
Reuters – U.S. hedge fund P. Schoenfeld Asset Management (PSAM) has accused French media group Vivendi of giving too much leeway to chairman and largest shareholder Vincent Bollore to boost his stake at “undervalued prices”. PSAM, which says it owns […]
The young & the restless: Activism’s rising stars
CNBC – They’re young, they’re hungry, and they’re on the way to being the next name-brands of activist investing. Corporate executives and boards are getting to know—often begrudgingly—names like Scott Ferguson, Mick McGuire and Jesse Cohn. They and a handful […]