Monthly Archives: August 2012
David Rubenstein Wins 100 Women in Hedge Funds’ 2012 Effecting Change Award
New York (HedgeCo.Net) – Co-Founder and Co-Chief Executive Officer of $160 billion hedge fund The Carlyle Group, David M. Rubenstein, will receive the 100 Women in Hedge Funds’ (100WHF) 2012 Effecting Change Award at the annual New York Gala to be held at […]
T. Boone Pickens Blasts Romney’s Energy Plan: ‘All They Talk About Is Oil’
TP – Mitt Romney’s new energy plan amounts to “drill, baby drill” on America’s public lands and shores. His vision for energy follows that of his oil donors and chief energy adviser, shale oil baron Harold Hamm. Meanwhile, it neglects other […]
Gawker Publishes Mitt Romney’s Offshore Hedge Fund Holdings
New York (HedgeCo.Net) – More than 950 pages of hedge fund audits, statements, and investor letters have been published by online magazine Gawker, naming over 20 entities the presidental hopeful has invested in. Gawker reveals: “Romney had invested—at minimum—more than […]
Citi to REDEEM $410 million from Paulson & Co hedge funds: Sources
Editor’s note: This headline was edited from the original article which said that Citi borrowed $410 instead of redeeming it. Economic Times – The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will […]
Brookfield squares off against U.S. hedge fund Pershing Square over sale of GGP
Canadian Business – Toronto’s Brookfield Asset Management Inc., the largest shareholder of General Growth Properties, is squaring off against a U.S. activist hedge fund that wants the U.S. mall owner to put itself up for sale. New York hedge fund […]
Hedge fund firms accepting screens to get faith-based business
Pensions & Investments – Hedge fund managers hungry for institutional assets are increasingly willing to incorporate exclusionary screens into their investment approaches to keep portfolios in line with the socially responsible investment values of church-affiliated investors. It was nearly impossible […]
Ralcorp shares gain; hedge fund presses for action
MarketWatch – An activist hedge fund on Thursday called on Ralcorp Holdings Inc. to sell itself or explore other strategic options, voicing displeasure over the private-label food maker’s performance since rejecting a $5.2 billion buyout offer from ConAgra Foods Inc. […]
HedgeCo™ (HCN) Hedge Fund Indices Through July 2012 [UPDATED]
New York – (HedgeCo.Net) – [UPDATED] The HedgeCo.Net Hedge Fund Aggregate Index showed an average annual return of 1.09% through July 2012. The HCN Long/Short Index ranked highest at 5.58%. “Most of the industry decided to sit tight and ride […]
Hedge Fund Tech: Indus Expands Global Offices With 50 New Employees
New York (HedgeCo.Net) – Hedge Fund tech provider Indus Valley Partners (IVP) is expanding its New York City and Noida, India offices in order to accommodate the expanding needs of its hedge fund clients. Year-to-date, IVP has added 12 new hedge […]
In 2012, oil a boon to Boone Pickens fund
Reuters – T. Boone Pickens, the billionaire Texas hedge-fund manager, said on Wednesday that oil, the commodity that brought him fame and fortune, has again been a boon for his main portfolio this year. “We’ve done well in the oil […]
Hedge Funds: The New Dumb Money
Oil Price – Much of the fury in this morning’s nearly 60 point “melt up” opening in the Dow was generated by hedge funds panicking to cover shorts. Convinced of the imminent collapse of Europe, the impotence of governments, and […]
Plural Investments hedge fund founded by SAC alum to shutter
Reuters – Plural Investments, a New York-based hedge fund founded by the former chief investment officer at SAC Capital’s CR Intrinsic division, will shutter his firm by the end of September, according to people familiar with the decision. Plural was […]