Monthly Archives: April 2015
Hedge Funds Have Higher Net Flows Than Other Fund Managers
New York (HedgeCo.Net) 62 fund managers, including 12 hedge fund leaders with approximately $14.3 trillion in assets under management took part in a study by Casey, Quirk & Associates LLC, a consultant to the global asset management industry. Alternatives managers, […]
Co-Investment & Competition Among Tiger Cubs
CB – When Julian Robertson shut down his famous hedge fund Tiger Management in 2000, he seeded a number of his analysts with capital to start their own funds. The initial seeding created over 30 hedge funds, while many others […]
San Francisco 49ers and Hedge Funds Care Announce Charity Event to Help Children in the Bay Area
New York (HedgeCo.Net) – The 14th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care and the San Francisco 49ers Foundation will be held Thursday, April 9th at 4:30 p.m. PDT at the Metreon’s […]
KKR-Backed Energy Hedge Fund Said to Triple Loss Amid Audit
Bloomberg – BlackGold Capital Management, the energy-focused hedge fund partly owned by KKR & Co., told investors that losses amid the oil slump in December were almost triple its initial report after an auditor examined how it valued debt holdings, […]
The Morning Download: Hedge Fund Algorithms Mine News, Data for Trader’s Edge
WSJ – Good Morning. If the hedge fund office of Two Sigma Investments LLC in lower Manhattan looks more like that of a tech startup than that of a Wall Street trading room, well, that’s because it is a tech […]
Marc Mezvinsky’s Eaglevale hedgefund may be Clinton conflict of interest
The Washington Times – Successful politicians know how to avoid a conflict of interest. Unsuccessful politicians can’t recognize one when they see one, or if they do, figure they can duck when sticks, stones and subpoenas fly. Then there are […]
Cheyne partner Massoud readies own hedge fund for Q3 launch- sources
Reuters – Former partner at hedge fund Cheyne Capital, Michel Massoud, is preparing to launch his own hedge fund in the third quarter of 2015 to bet on corporate events such as mergers and acquisitions, three sources told Reuters. Massoud, […]
Hedge fund manager Bass challenges more drug patents
Reuters – Prominent hedge fund manager Kyle Bass, who made headlines in January for promising to knock out big pharmaceutical companies’ patents, has made Irish drugmaker Shire Plc his latest target. Bass, the founder of Dallas-based Hayman Capital Management, on […]
Hedge fund billionaire Paul Tudor Jones just bought a $71 million Palm Beach mansion
Business Insider – Billionaire hedge fund manager Paul Tudor Jones II just dropped a fortune on a new house in Palm Beach. Tudor Jones paid $71.2 million for the nearly six-acre estate, the Palm Beach Daily News reported, citing a […]
SEC: Confidentiality Agreements Cannot Stifle Whistleblowers
New York (HedgeCo.Net) – The Securities and Exchange Commission today announced its first enforcement action against a company for using restrictive language in confidentiality agreements with the potential to stifle the whistleblowing process. The SEC charged Houston-based global technology and […]
Hedge Fund People: Jennifer Cahill Joins Investcorp
New York (HedgeCo.Net) – Investcorp, a leading provider and manager of alternative investment products with approximately $11 billion in assets under management, today announced that Jennifer Cahill has joined the firm’s Hedge Funds business as a Managing Director within its […]
DOJ May Go After Individual Bankers For Role In Financial Crisis
Reuters – U.S. Attorney General Eric Holder said on Tuesday that he has given U.S. Attorneys a 90-day deadline to evaluate whether they can bring cases against any individuals for their role in the 2008 financial crisis. Federal prosecutors who […]