Monthly Archives: April 2013
Hedge funds lobby Capitol Hill for the Privitization of Fannie Mae and Freddie Mac
New York (HedgeCo.Net) Hedge Funds Paulson & Co., Perry Capital and Claren Road are said to hold preferred shares in Fannie Mae, and while the shares are up considerably, they see the government involvement holding back their investors potential profits. […]
Indian hedge funds dare where foreign investors fear
(Reuters) – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors. Kinariwala’s Capveda Capital […]
Charity shelves opulent London hedge fund gala dinner
(Reuters) – A lavish gala dinner that was a highlight of the London hedge fund industry’s social calendar and counted royalty among its guests has been quietly shelved. The ARK Gala Dinner, which started in 2002, cost as much as […]
Hedge Funds Play ‘Jeopardy’ Over Herbalife
Wall Street Journal – “Who Wants to be a Millionaire?” Hedge-fund manager Bill Ackman appropriated the title of the game show for a presentation labeling multilevel marketing firm Herbalife Ltd. HLF +1.35% a “pyramid scheme,” a charge the company disputes […]
Hedge Funds Cut ICE Brent Crude Net-Longs to Four-Month Low
Bloomberg – Hedge funds and other money managers cut bullish bets on Brent crude to their lowest level in four months for a third consecutive week, according to data from ICE Futures Europe. Speculative bets that prices will rise, in […]
The Current Scope of Cyber Threats
New York (HedgeCo.Net) – Guest post by Mary Beth Hamilton, vice president of marketing, Eze Castle Integration Cyber-attacks are among the most pressing threats to global security. James Clapper, director of U.S. national intelligence, acknowledged these threats in a recent […]
Chicago Financial Communities to Join Forces at the Hedge Funds Care 11th Annual Midwest Charity Gala
New York (HedgeCo.Net) – The Midwest financial community will unite at the 11th Annual Midwest “Open Your Heart to the Children” Benefit organized by Hedge Funds Care. A highlight of the Chicago social calendar, the Benefit brings together the hedge […]
Hedge Funders Say It’s ‘A Badge Of Honor’ To Be Targeted By ‘Thuggish’ Teachers Unions
Business Insider – The American Federation of Teachers, a labor union that represents teachers, is going after a bunch of hedge funders who support education reform. Last week, the AFT released a “watch list” of hedge funds they think are […]
Hedge fund fees hot topic at R.I. Investment Commission
PROVIDENCE, R.I. — Rhode Island has moved about $1 billion of its $7.6-billion state pension fund into hedge funds over the past 18 months, a move that General Treasurer Gina M. Raimondo defended against critics Wednesday in a meeting of […]
Hedge fund billionaire pledges $4 million for Colorado highway
Denver Post – A project to expand State Highway 9, which runs north through Grand and Summit counties, received a $4 million matching grant from the owner of Blue Valley Ranch. The announcement came during Tuesday’s meeting of the Grand […]
Hedge fund’s pursuit of Drydocks offers test case for Dubai
TheNational – Decree 57 was a piece of Dubai legislation that was never really intended to be used. When the decree was issued in 2010 as part of the process of restructuring the US$25 billion debts of Dubai World, it […]
Hedge Funds Heavy Hitters Pitch at Yankee Stadium
Some of the hedge fund industry’s biggest names made their sale pitch to prospective clients at Yankee Stadium on Tuesday. The 54 hedge funds presenting are all clients of Goldman Sachs’s prime brokerage business, which services the $2.2 trillion hedge […]