Monthly Archives: March 2015
U.S. hedge fund prepares challenge to Bollore’s Vivendi
Reuters – The U.S. hedge fund P Schoenfeld Asset Management is weighing a challenge to the strategy of Vincent Bollore, the powerful chairman and largest shareholder of Vivendi, at the group’s upcoming shareholder meeting, wrote the Financial Times. The fund […]
Dizzying Pre-IPO Tech Values Spurred by Rush of Hedge-Fund Money
Bloomberg – A flood of money from unconventional sources has sent valuations of late-stage technology startups, including Uber Technologies Inc. and Snapchat Inc., to levels that haven’t been seen since before the dot-com crash. Hedge funds and mutual funds that […]
London Hedge Fund Trader Jailed For Insider Dealing
New York (HedgeCo.Net) – Julian Rifat, a former senior execution trader hedge fund Moore Capital Management LLC, has been sentenced to 19 months in jail for taking part in a £285,000 ($423,000) insider trading scandal. Th Independent reports: “The FCA said […]
Hedge Fund People: Rothschild Asset Management Appoints New CEO
New York (HedgeCo.net) – Michael Woods has been appointed as Chief Executive Officer at Rothschild Asset Management Inc., the US asset management business of the Rothschild Group Most recently, Woods was Head of the Americas, Global Client Group for Deutsche […]
Top UK hedge fund also appears to have rolled out a LinkedIn ban
EFC – There’s no shortage of career advice on how to present yourself on LinkedIn to potential employers. Endorsements, top skills and a general polished ‘personal brand’ are all key to attracting the attention of recruiters. But what if your […]
High School Jock Turned “Hedge Fund Trader”
ValueWalk – Seventeen year-old Jacob Whol goes to Football practice in the afternoon and, after establishing positions for his hedge fund in the morning, he sandwiches school work in the middle of busy day. His Twitter Inc profile gives a […]
Investment Firm Buys Stake in Activist Hedge Fund Jana Partners
NYT – The private equity unit of Neuberger Berman Group has bought a stake in the activist hedge fund Jana Partners, underscoring the growing popularity of investors who rattle the boards of corporate America. The Neuberger Berman unit, Dyal Capital […]
Hedge Fund March Madness Picks Lack Mathematical Logic
ValueWalk – If hedge fund money managers invested like they picked brackets in the upcoming NCAA “March Madness” basketball tournament, they would likely suffer massive redemption’s and be questioned regarding their fiduciary responsibility to protect investors money. Read Complete Article
Hedge funds hot ‘appraisal’ strategy for deals may become a lot less appealing
Reuters – An increasingly popular legal strategy that allows hedge funds to make potentially lucrative bets on takeover deals, and get a return even if they lose, may be about to become much less attractive. The strategy usually involves buying […]
Hedge fund proposes REIT split for MGM Resorts
Las Vegas Review Journal – A New York hedge fund proposed Tuesday that MGM Resorts International convert its casinos and land holdings into a real estate investment trust, a move that would allow the Strip gaming giant to cut its […]
Hollywood Film Scheme Results in Unhappy Ending for Investors
New York (Hedgeco.Net) – The owners of Gigapix Studios told investors they had a sure thing: They were going to make an animated version of the Wizard of Oz called OZ3D, and those who got in on the ground floor—and […]
Hedge Fund Betting on Lawsuits Is Spreading
Bloomberg – For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new financial engineering encourages wasteful courtroom warfare, but investor […]