Monthly Archives: June 2019

CMC Markets to launch range of crypto indices

(Hedgeweek) CMC Markets, a spread betting and contracts for difference (CFD) provider, is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices. To read this article:

Lawyer for Platinum Partners founder assails prosecutors’ ‘lies’

(Reuters) – A lawyer for Mark Nordlicht, founder of defunct hedge fund firm Platinum Partners, assailed U.S. prosecutors at Nordlicht’s criminal trial on Wednesday, suggesting they deliberately misled jurors to boost their careers. “I’m going to show you lies told […]

HG Vora builds Owens Corning stake to push for changes

(Reuters) – Hedge fund HG Vora Capital Management LLC is building a stake in Owens Corning to push the U.S. composites and building materials company to explore options that include a sale or a break-up, people familiar with the matter […]

Hedge Funds Boost Equity Leverage at Fastest Rate in Three Years

(Bloomberg) Some of the most aggressive traders in the market are embracing stocks after avoiding them for almost a year. Rather than bailing during rallies, hedge funds are jumping in, just as the S&P 500 Index vaults back to records. […]

Regulators Don’t Enjoy CDS Games

(Bloomberg) That is a joint statement from the heads of the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority, who have all taken notice of “various opportunistic strategies in the credit […]

Area One Farms Closes Fund IV With $120 Million

(Globe) Area One Farms, a specialty Canadian investment firm that builds equity partnerships with Canadian farmers, is pleased to announce the first close of Fund IV (The Fund) with commitments totaling $120 million. To read this article:

SEC Wins Jury Trial Against Broker Charged With Defrauding Customers

(HedgeCo.Net) Jurors in Manhattan federal court have returned a verdict in the Securities and Exchange Commission’s favor against a broker who was charged in January 2017 with fraud for excessively trading customer accounts using a trading scheme that generated hefty […]

CFTC makes $2.5m whistleblower award

(Hedgeweek) The Commodity Futures Trading Commission (CFTC) has made an award of approximately USD2.5 million to an individual whistleblower. To read this article:

Merger Arbitrage lags behind for the first half of 2019: Lyxor

(Opalesque) Merger Arbitrage, a defensive strategy within the universe of hedge funds, lagged behind for the first half of 2019 after having delivered upbeat returns in 2018 in relative terms. In the first half of 2019, Merger Arbitrage lagged behind […]

Hamilton Lane raises $1.7bn co-investment fund

(Opalesque) Hamilton Lane raises $1.7bn for latest fund – co-investment fund, the fourth of its kind for the alternative asset manager.The fund will invest equity in buyouts and growth capital deals, putting money to work alongside private equity firms, according […]

Coast Capital Gets Backer In Shareholder Rebellion At FirstGroup

(The Guardian) A second major shareholder has joined an investor drive to eject the board of FirstGroup as the transport group faces an emergency meeting on Tuesday that could result in Britain’s most lucrative rail franchise again slipping from its […]

Hedge Funds Pause Oil Sales as Mideast Tensions Rise

(Reuters) Hedge fund liquidation of petroleum futures and options positions stalled last week as bearishness about the global economy was tempered by fears about a possible disruption of oil exports from the Gulf. Hedge funds and other money managers were […]