Monthly Archives: April 2015
Hedge-Fund Magnate Robert Mercer Emerges as a Generous Backer of Cruz
NYT – The two men share a passion for unbridled markets, concerns about the Internal Revenue Service and a skeptical view of climate change. Now the two — Senator Ted Cruz, Republican of Texas, and Robert Mercer, a Wall Street […]
Piggy-Back Top Activist Hedge Fund Into Darden, Staples and Yahoo
Forbes – Everyone is looking for certainty in investing. How about an investor that has made money on 88% of their activist investments? To be sure, it’s an amazing win rate, and the investor behind it is the activist hedge […]
Man Launches Ireland UCITS Hedge Fund
New York (HedgeCo.Net) – Man GLG this week announced the launch of an Ireland-domiciled UCITS compliant hedge fund, the Man GLG European Mid-Cap Equity Alternative fund. The portfolio manager is Moni Sternbach, who joined Man GLG from hedge fund Cheyne […]
Hedge funds take hit playing beat-up oil sector
CNBC – The steep decline in oil prices is seen as an opportunity by many hedge funds. But picking out the bonds of distressed oil companies can also be a dangerous game. Take Kamunting Street Capital Management, which is essentially […]
Blackstone Acquires $4.6 Billion Loan Portfolio from GE Capital
New York (HedgeCo.Net) – In another major acquisition, the mortgage department of hedge fund giant Blackstone Group today announced that they have signed an agreement to acquire a $4.6 billion commercial mortgage loan portfolio from GE Capital Real Estate. The […]
Hedge fund machines cash in—again
CNBC – Hedge funds that rely on sophisticated computer algorithms to invest are once again producing the industry’s best returns. Funds managed by ISAM, Cantab, AHL, Systematica and others produced double-digit gains over the first three months of 2015, according […]
Ex-Taconic fund manager Hampaul readies own hedge fund
Reuters – Former Taconic Capital Advisors portfolio manager Kelly Hampaul is preparing to launch his own hedge fund in the second half of the year, sources said, joining a string of other high profile European start-ups expected in coming months. […]
Hedge Funds Invest in Austrian Bank Loathed by Taxpayers
Bloomberg – Klagenfurt has long been a magnet for visitors from around the world, attracted by the idyllic Woerthersee lake and the Karawanken mountain range that the region shares with Slovenia. Now this city of 97,000, the capital of the […]
Kuwaiti Firm Set To Launch New $100 Mln Equities Hedge Fund
Arab Times – The co-founder of privately-owned Kuwaiti oil firm Zahra Group is set to launch a new $100 million global equities hedge fund targeting ethical investments, the biggest Gulf launch for five years. The fund will invest using the […]
Billionaire Paulson’s Merger Hedge Fund Said Up 10% in 2015
Bloomberg – Billionaire John Paulson’s merger strategy has gained 10 percent this year lifted by consolidation among drugmakers. The $19.3 billion New York-based firm posted a 0.7 percent return last month in a merger fund that uses leverage to amplify […]
Blackstone Hires 20 Military Service Members Transitioning Into Private Sector
New York (HedgeCo.Net) – Blackstone-backed Vivint Solar has offered jobs to the 20 graduates of the United States Department of Energy’s, ‘Reach for the Sun’ pilot program. Blackstone Group LP, the world’s largest hedge fund manager, acquired the company in […]
HedgeCoVest Takes Top Honors At Benzinga Fintech Awards Ceremony
New York (HedgeCo.net) Over 115 top Fintech firms from across the nation entered the 2015 Benzinga Fintech Awards competition in March to recognize the most impressive new technology catering to financial services and capital markets. At Wednesday night’s awards ceremony […]