Monthly Archives: May 2019
Commonfund Capital Closes 2nd Secondaries Fund at $450m
(Opalesque)Commonfund Capital today announced the closing of its second secondaries fund, Commonfund Capital Secondary Partners II. The fund closed with $450 million of capital commitments sourced from investors including endowments, foundations, pension plans, insurance pools and family offices, more than […]
Scaramucci Celebrates Hedge Funds in Vegas at SALT with Less Glitz
(Reuters) After a one-year pause, the hedge fund industry schmooze fest organized by Anthony Scaramucci, the investment manager who briefly served as President Donald Trump’s communications director, returned to the Las Vegas strip this week. But the atmosphere at the […]
Final Judgment Entered Against Former Broker for Defrauding Customers
(HedgeCo.Net) A federal district court entered a final consent judgment against a broker who was charged with defrauding customers by making unsuitable and unauthorized trades and churning customers’ accounts, which enriched the broker at the customers’ expense. The SEC’s complaint, […]
Dow stages 450-point comeback, ends the day higher after Trump says China trade talks to continue
(CNBC) Stocks staged a massive reversal on Friday after President Donald Trump said conversations with China over trade will continue and his relationship with President Xi Jinping remains strong. To read this article:
The IPO market started strong and could soon take off
(CNBC) The IPO market is off to an exceptionally strong start, after a two-month hiatus around the government shutdown.According to Renaissance Capital, 42 IPOs have priced this year. The average first-day pop has been 22%, well above the average of […]
Implicit and explicit factor exposures are key drivers of excess fixed income returns, says Invesco research
(Hedgeweek) Invesco, an asset manager with over 30 years of expertise in factor investing, has released the findings from a new study “Active bond returns – powered by factors,” the first in a series of papers designed to help investors […]
How a Modest Hedge Fund Returned Six Times the Global Average
(Bloomberg) She founded Triada Capital Ltd., a credit-focused firm in a region where equity is king and stock managers control the vast share of hedge fund assets. The straight-talking native of Guam cobbled together a modest $7 million to start […]
SALT Is Back, But Not Really
(Dealbreaker) Since emerging from the dark room he went after getting fired as Donald Trump’s communications director, Anthony Scaramucci has returned to the hedge fund business, filed a little light litigation, done some real estate wheeling-and-dealing and gotten into the […]
Foreign investors flock to U.S. corporate bond market for yield
(Reuters) – Foreign investors have had to pay up to hedge U.S. dollar-denominated assets over the last year, but this has yet to stop them from plowing money into the U.S. corporate bond market, the world’s largest. Robust returns for […]
A Short Seller Bets It All on a Spectacular Market Crash
(Bloomberg) Horseman Capital’s Russell Clark has been bearish for more than seven years. And if he’s wrong? “This could be my farewell interview,” he says. Russell Clark’s entry into the high-stakes world of investing could hardly have been less promising. […]
Hedge Funds Target European Loans As Downturn Looms
(Reuters) A number of companies financed in Europe’s leveraged debt markets have attracted the attention of global hedge funds, which are lining up money in preparation to profit when the impending downturn hits. Syndicated loans in struggling companies have lost […]
Two Internal Auditors Charged with Repeated Insider Trading
(HedgeCo.Net) insider trading charges were filed against two internal auditors who repeatedly traded and tipped on confidential information that they obtained through their respective employers. The SEC’s complaint, filed in the U.S. District Court for the Western District of Tennessee, […]