Monthly Archives: April 2019
Software Giant Citrix Hires Goldman to Explore Sale After Singer Push
(New York Post) Prodded by billionaire investor Paul Singer, Citrix Systems has hired Goldman Sachs to explore a possible sale of the company…The cloud-computing firm is looking to sell itself for the second time in two years, this time looking […]
Starting a Hedge Fund? You’re Going To Need Even More Money Than You Thought.
(Barron’s) The hurdles for starting a new hedge fund continue to rise and rise… To read this article:
Former CEO of Silicon Valley Startup Charged With Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged the founder and former chief executive of a Silicon Valley startup with defrauding investors in Jumio Inc., a private mobile payments company. The former CEO, Daniel Mattes, agreed to pay more than […]
PG&E to name TVA’s Bill Johnson as CEO:
(Reuters) – PG&E Corp is expected to name Bill Johnson as chief executive of the bankrupt California energy company facing $30 billion in wildfire liabilities, as soon as Wednesday, a source familiar with the private negotiations said on Tuesday. Johnson, […]
Change or Perish: the evolving demands of the modern Managed IT Service Provider
(Hedgeweek) The modern-day hedge fund typically consumes vast amounts of data and leverages its IT providers for next-generation tools and analytics to keep it at a competitive edge. And whereas the private cloud was deemed an ideal environment in which […]
AQR’s Revamped Risk-Parity Fund Notches Record Quarterly Return
(Bloomberg) The “everything rally” that greeted investors to start 2019 delivered a record quarter for AQR Capital Management’s flagship fund. The firm’s AQR Multi-Asset Fund rose 9.6 percent in the first three months of the year, rebounding from a fourth-quarter […]
Interview With Gate City Capital and Breach Inlet Capital
(Valuewalk) Michael is the Founder and Portfolio Manager of Gate City Capital Management. Before founding Gate City Capital, Michael worked as a research analyst at Crystal Rock Capital Management where he covered the consumer, restaurant, retail, and gaming sectors. Michael […]
Europe’s green-bond issuance flourish
(Opalesque) Sovereigns in Europe are increasing their issuance of green bonds to tackle climate change and facilitate finance for sustainable growth and investment.Three new entrants in 2018, and another expected soon in 2019, will take the number of European sovereigns […]
PineBridge Investments makes Ahern Global CFO
(Opalesque) PineBridge Investments, a private global asset manager, today announced the appointment of Tracie E. Ahern as Chief Financial Officer. Ms. Ahern will join the firm’s management committee and will be responsible for further developing and refining the firm’s financial […]
Long/ Short Equity Hedge Funds Are Back To Winning
(Valuewalk) Investors may finally be coming around when it comes to hedge funds, and it’s easy to see why. The Eurekahedge Hedge Fund Index climbed 0.89% in February. Although preliminary figures for the month suggest that investor outflows exceeded performance-driven […]
Ignoring Brexit Is Paying Off for This $5.6 Billion Quant Fund
(Bloomberg) There’s a Swedish hedge fund that’s decided to ignore Brexit and bet on the pound in a move it hopes will help it keep outperforming its peers…. To read this article:
SEC Charges Transportation Company Executives With Accounting Fraud
(HedgeCo.Net) The Securities and Exchange Commission has charged the former CFO and two former employees of a publicly traded transportation company with fraud for manipulating the company’s financial results in order to meet earnings targets and projections. The SEC alleges […]