Monthly Archives: August 2019
Silver Point’s Kaftan Joins Heard Capital
(Opalesque) Priya Kaftan has joined Heard Capital as head of investor relations and product strategy. Kaftan joins the firm from Silver Point Capital where she was previously a senior associate. Heard Capital is a Chicago-based fund that invests in six […]
Buffalo Advisory Firm and Principal Charged With Fraud Relating to Association With Barred Adviser
(HedgeCo.Net) The Securities and Exchange Commission today filed charges against a Buffalo, New York, investment advisory firm and its owner for misleading firm clients about its association with a barred investment adviser, who is also being charged for violating the […]
Investors confident in hedge fund performance prospects
(Hedgeweek) According to Preqin’s latest survey of alternative assets investors, 45 per cent of institutional investors allocate to hedge funds, with the majority of investors reporting satisfaction with the performance of the asset class. In June 2018, two- thirds of […]
Newton Crypto raises up to USD15m through partnership with DV Trading
(Hedgeweek) Newton Crypto has entered into a partnership with DVX Capital Markets, an affiliate of DV Trading and DV Chain, and the parent company of Independent Trading Group (ITG), a Canadian broker dealer regulated by the Investment Industry Regulatory Organization […]
Crypto uncertainty prompts unorthodox fund strategies
(Hedgeweek) As interest in the markets for crypto currencies and digital assets continues to grow, some hedge funds and members of the buy side are venturing into this rapidly changing ecosystem. Black Square Capital, a Washington DC hedge fund investing […]
JPMorgan to liquidate Roumani-led $1 billion hedge fund:
(Reuters) – JPMorgan Chase & Co’s asset management arm is liquidating a $1 billion credit hedge fund led by Fahad Roumani after abandoning a plan to spin it off, Bloomberg reported on Thursday, citing a letter to investors. To read […]
Short Bets on World’s Biggest Tech Stocks Surge to $37 Billion
(Bloomberg) Short positions against the so-called FAANG group of the largest U.S. technology stocks have surged by more than 40 percent in the past year as investors bet against some of the biggest drivers of the global bull market. Bearish […]
Activist Elliott Argues Sky Is Worth Over $34 Billion,
(Reuters) Activist hedge fund Elliott believes Walt Disney’s (DIS.N) deal to buy assets from Twenty-First Century Fox (FOXA.O) has valued Sky (SKYB.L) at more than $34 billion(26 billion pounds), higher than any of the current offers for the British broadcaster, […]
Citigroup Poaches Three Women to Be Managing Directors in Asia
(Bloomberg) Citigroup Inc. hired three women as managing directors for its markets business in Asia, part of its push for gender parity at the division. The U.S. bank appointed Laura Atherley from Nomura Holdings Inc. for its markets relationship management […]
Activist Hedge Fund Taconic Capital to Sell Stake in Gulf Keystone
(Reuters) Activist hedge fund Taconic Capital Advisors said on Wednesday that it would sell a 3.55 percent stake in Iraq-based oil producer Gulf Keystone Petroleum Ltd. Taconic Capital, a multi-strategy hedge fund which was founded in 1999, said it would […]
Fortress Deepens Private Credit Push as Money Pours In
(Bloomberg) Fortress Investment is boosting its offerings to investors betting on one of the debt market’s hottest corners. The investment manager is expanding its private credit effort with a direct-lending fund; another that buys debt linked to real estate, aircraft […]
Six Months After the Last Big Move, Traders Are Getting Ready for Another Round of Volatility Soon
(CNBC) Traders are anticipating that the relative calm that has pervaded the market throughout the summer is about to come to an abrupt end. One indicator is coming in the VIX futures market — the place where market participants place […]