Monthly Archives: March 2015
Eurekahedge: Investors Have Allocated $30 Billion To Hedge Funds In 2015
New York (HedgeCo.Net) – Hedge funds extended their gains in the second month of 2015, returning 1.57%, although falling behind underlying markets such as the MSCI World Index which was up 5.47%. Global equity markets rose in unison during February […]
SkyBridge Is Peddling Itself in West Palm Beach
WSJ – Anthony Scaramucci, the founder of the New York-based SkyBridge Capital, has never been shy about publicity. So it should come as no surprise that he and his firm are among the first to test the lifting of the […]
Hedge fund buys Phones 4U debt for possible attack on private equity owner
Telegraph – A New York hedge fund has bought up a large chunk of the £430m in senior bonds in Phones 4U that were rendered almost worthless by the controversial collapse of the retailer last year. It is understood that […]
Hedge fund Everest Capital falls off a Swiss cliff
CNBC – A single bad currency bet has caused one of the largest and longest-standing private investors in emerging markets to collapse. Everest Capital—a 25-year-old hedge fund firm that counted George Soros and Nelson Peltz as early backers and has […]
Ex-Brevan Howard star Rokos hires top Goldman executive for hedge fund start-up
Reuters – Former Brevan Howard star trader Chris Rokos has hired former Goldman Sachs co-head of Asia Pacific macro trading, Stuart Riley, as he gears up for one of Europe’s most high-profile 2015 hedge fund launches. Rokos, who made $4 […]
Hedge Fund Investor Blackstone Buys Chicago’s Sears Tower
New York (HedgeCo.Net) – The Willis Tower, built as and still commonly referred to as Sears Tower has been bought by hedge fund giant Blackstone for $1.3 billion, according to early reports. Further terms of the transaction were not disclosed. Blackstone Real Estate […]
Surge In Swiss Franc Wreaks Havoc On Everest Capital
New York (HedgeCo.Net) – When the Swiss Franc’s fixed exchange rate with the Euro was removed in January, the toll on some hedge funds was quick and it struck deep. Miami based Everest Capital closed the doors on its $830 […]
Hedge Fund Manager Sentenced To Two Years Behind Bars
New York (HedgeCo.Net) – Hedge fund manager and adviser Berton Hochfeld was sentenced to two years in prison for defrauding investors out of more than $1 million. Hochfeld pled guilty in January to securities fraud and wires fraud in connection […]
Hedge funds benefit as euro falls
MarketWatch – The euro’s plunge has given a much-needed lift to hedge funds that have been repeatedly frustrated by the world’s central banks. A bevy of multibillion-dollar funds has gained as much as 9% this year as their managers bet […]
Hedge fund seeks boardroom shakeup at Alliance Trust
Guardian – Alliance Trust is facing a new battle over strategy and governance as activist hedge fund Elliott Advisors pushes for the appointment of three new directors to the board of the Dundee-based investment group. Elliott, which owns 12% of […]
Hedge Fund That Made 167% on Japan Bonds Wagers on Policy Divide
Bloomberg – GCI Systematic Macro Fund, which earned 167 percent on Japanese government bond futures in 13 months, is scanning computer models to profit further as global monetary policy diverges. The hedge fund employs a computerized global macro strategy to […]
It’s odd that protesters are going after Paul Tudor Jones
Business Insider – Union and community protesters are marching today on the home of Paul Tudor Jones, the founder and head of the Greenwich, Connecticut–based hedge fund firm Tudor Investment Corporation with the hopes of calling attention to the financial […]