Monthly Archives: May 2018
Deutsche Bank Point Man for Hedge Funds, Barry Bausano, to Leave
(Bloomberg) Deutsche Bank AG’s Barry Bausano, a longtime senior executive overseeing its relations with hedge fund clients, is leaving as the firm shakes up its U.S. operations. Bausano, 54, has helped lead efforts to retain big trading clients in recent […]
An Aggressive Hedge Fund Bucks Stock Rout by Pushing Japan Firms
(Bloomberg) One Japanese hedge fund posted a gain in the first three months of 2018, even as a rout rocked global equity markets. Its secret, says founder Tsuyoshi Maruki, was twofold. First, Strategic Capital Inc. invested in companies that were […]
ValueAct Builds $1.2 Billion Stake in Undervalued Citigroup
(Bloomberg) The activist fund ValueAct Capital Management has amassed a $1.2 billion stake in Citigroup Inc., arguing that the bank long seen as trailing its sector is positioned for success by providing the “plumbing” multinational corporations need to operate. The […]
Activists Are Coming for Corporate Asia
(Bloomberg) Activists, both homegrown and American, are coming after bloated balance sheets and family-controlled firms, and succeeding more often than hitherto in forcing through higher dividends and board changes. To read this article:
Will the Roar of Market Tensions Tame Global Growth?
(Harvest) Despite some recent challenges, gross domestic product (GDP) growth globally is still accelerating in a coordinated fashion. While the fundamental backdrop looks good to us overall, recent trade tensions, which are part of a protectionist trend, represent one of […]
An Asset Allocation Expert Answers Top Financial Advisor Questions
(Harvest) Jeff Knight recently spoke to a group of financial advisors about the biggest market risks, the possibility of a recession and the risk of agreeing with everyone else. To read this article:
Tips For Growing Assets Beyond Friends & Family
(Harvest) As one boutique money management firm owner confided in me, now that he has seen how tough it is to interest strangers in his firm and convert them into investors, he realizes that he could have talked Jabberwocky to […]
Soroban Shuts $4 Billion Hedge Fund to Concentrate Portfolio
(Bloomberg) Eric Mandelblatt, who co-founded Soroban Capital Partners eight years ago, is closing his oldest fund to focus on a more concentrated portfolio of stocks, cutting assets under management by almost half. To read this article:
Deutsche Bank to leave Wall Street
(Bloomberg) Deutsche Bank is literally leaving Wall Street, moving its New York headquarters to midtown Manhattan as the German investment bank embarks on a broad shakeup of its U.S. operations… To read this article:
Alleged $85 Million Ponzi Scheme Shut Down
(HedgeCo.Net) The Securities and Exchange Commission has announced the unsealing of fraud charges against a Mississippi company and its principal who allegedly bilked at least 150 investors in an $85 million Ponzi scheme. The defendants agreed to permanent injunctions, an […]
Talpins’s Element Hedge Fund Is Sued for Discrimination
(Bloomberg) A former managing director at Element Capital Management sued the hedge fund, alleging that she received far less pay than her male counterparts and had to handle menial tasks for founder Jeffrey Talpins, including reconciling his decorating bills and […]
This Hedge Fund’s Venture Capital Push Reaped 27-Fold Gains
(Bloomberg) ChinaRock Capital Management has rewarded investors in its five-year-old venture capital fund with 27 times their initial outlays by scoring huge returns from financing start-ups involved in everything from artificial intelligence to ride sharing. The $37.5 million CRCM Opportunity […]

