Monthly Archives: August 2019

SEC Obtains Temporary Restraining Order and Asset Freeze in Startup Company Investment Scheme

(HedgeCo.Net) The Securities and Exchange Commission has announced that it has obtained a temporary restraining order and asset freeze against defendants Tanmaya (a/k/a Tan) Kabra and LaunchByte.io, LLC in the SEC’s previously filed emergency action, in which the SEC alleges […]

Largest hedge fund advisers taking a long-term view on business, says new study

(Hedgeweek) In a new study of the nation’s largest SEC-registered hedge fund advisers, data reveals that advisers are taking a conservative, long-term approach to their business decisions, regardless of asset declines experienced by many from 2017 to 2018. To read […]

Deloitte sues hedge fund manager Jeremy Leach over life settlements fund liquidation

(Opalesque) Deloitte & Touche is suing hedge fund manager Jeremy Leach, associate William McClintock, and several other entities for $17.8 million in damages over allegedly fraudulent fees and other transactions related to Leach’s Traded Life Policies Fund. Deloitte was tasked […]

Largest hedge fund advisers confident to withstand short-term marketplace cyclicality

(Opalesque) A study confirms the notion that larger hedge fund advisers are generally much more institutionalized in their approach, and have built their businesses to withstand short-term marketplace cyclicality. The Seward & Kissel 2017/2018 Form ADV Study said that while […]

Fintech investment in China slumps: KPMG

(Opalesque) The venture capital and private equity investment into fintech companies in China amounted to $2.5bn across 32 deals in the first half of 2019, down from the $16.3bn across 77 deals seen in the first half of 2018. According […]

Barnes and Noble has been officially sold to Elliott Advisors; Daunt is new CEO

(Opalesque) The largest activist fund in the world Elliott has completed its $683m acquisition of US book giant Barnes & Noble following approval by the majority of shareholders. Elliott’s acquisition of Barnes & Noble, the largest retail bookseller in the […]

U.S. dollar: When will bulls turn to bears?

(Reuters) – Trump wants it to be cheaper. The IMF says it should be cheaper. Hedge funds think it has room to run. So what gives with the dollar? To read this article:

Hedge Fund Hoplite Capital Plans to Shut Down

(Reuters) Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm’s founder, John Lykouretzos, told investors in a letter on Wednesday.“I have decided to close the Hoplite managed funds and return third-party […]

Hedge Funds Turn Most Bearish Since 2016, Hone Long Stock Bets

(Bloomberg) As stocks whipsawed over the past week, hedge funds took a stance that’s hard to frame as bullish, intensifying bets against the market and limited long positions to a shrinking group of companies. The ratio of hedge funds’ long […]

Hedge Fund Investor Tarrant, Who Bet with Warren Buffett, Dies

(Reuters) Investor Jeffrey Tarrant, whose firm Protege Partners backed billionaire managers including William Ackman and Marc Lasry early in their careers and made a bet with Warren Buffett that hedge funds would outperform a passive index fund, has died at […]

Why Invest Internationally: A Conversation

(Harvest) With volatility on the rise, why are you suggesting that investors consider markets outside of the U.S. Portfolio Solutions Group (PSG): Two key reasons are the increased opportunity set and the potential for risk mitigation. More than half of […]

Hot Spots: Key Takeaways on China and the U.K.

(Harvest) KKR published Hot Spots , a new macro Insights piece by Henry McVey , Head of Global Macro and Asset Allocation (GMAA), wherein McVey and his team share their learnings from a recent trip to Beijing and London, two […]