Monthly Archives: September 2013
Setter Capital Liquidity Rating
Setter Capital covers over 7000 institutional investors in alternative investment funds, over 900 buyers of funds, more than 2000 opportunistic sellers, and their buy and sell interest in more than 3000 fund families. In the course of monitoring this secondary […]
Cincinnati Pension Fund Drops Disgraced Hedge Fund
New York (HedgeCo.Net) – Portland-based fund of hedge funds Common Sense Investment Management has been dropped by the Cincinnati Retirement System after the firm’s CEO, Jim Bisenius, was arrested in a prostitution sting. Tigard (Oregon) police arrested nine men who responded to an online advertisement […]
Hedge Fund Elliott Boosts Kabel Shares Before Vodafone Deadline
Bloomberg – Paul Singer, the billionaire hedge-fund manager, boosted his stake in Kabel Deutschland Holding AG (KD8) to become one of its biggest shareholders days before a deadline for investors to decide whether they’d accept Vodafone Group Plc (VOD)’s takeover bid. Singer and […]
ValueAct Hedge Fund’s Huge Microsoft Victory
Forbes – Microsoft called it a cooperation agreement and made the announcement late on Friday, just prior to the Labor Day weekend and some pretty big deal making news, but there is no masking the huge victory that hedge fund […]
Hedge fund chief says Japan needs another ‘big round’ of stimulus
Reuters – Paul Singer, the billionaire hedge-fund manager, boosted his stake in Kabel Deutschland Holding AG (KD8) to become one of its biggest shareholders days before a deadline for investors to decide whether they’d accept Vodafone Group Plc (VOD)’s takeover […]
Don’t Become A Casualty Of This Hedge Fund War
NASDAQ – It all started 10 years ago when Bill Ackman’s first hedge fund was imploding. Ackman reluctantly turned to fellow hedge fund manager Carl Icahn for help. What has followed is a decade of warring that has now culminated […]
CQS’s Former Hedge-Fund Manager Said to Start Own Firm
Bloomberg – Alistair Lumsden, who stepped down as head of a $2.3 billion hedge fund focused on asset-backed securities at CQS U.K. LLP last year, is starting his own firm, said a person with knowledge of the matter. Lumsden, 44, […]
Hedge Funds Cut Back on Fees
Yahoo – Pressure from disappointed investors is forcing hedge funds to roll back their fees, putting the standard charge of 2% of assets under management and 20% of investment profits on the endangered list. Until a few years ago, most […]
Opinion: Hedge Fund Advertising To Pique Retirement Investors Interest
New York (HedgeCo.Net) Adam Bergman, an in-house tax attorney with the IRA Financial Group believes that the repealing of the hedge fund advertising ban will help clarify the strategies used by hedge-fund managers when appealing to retirement investors. “Based on my conversations […]
Next Technology Boom?
New York (HedgeCo.Net) By Michael Williams – Before Apple’s (AAPL) recent fall from grace, it was the big savior during the Great Recession. The company continued to push out new products, the media embraced them, and as all others struggled […]
Hedge funds tread carefully around Detroit bankruptcy
Risk.net – The current legal and political wrangling surrounding Detroit’s long-awaited decline into bankruptcy may outweigh opportunities for hedge funds to gain exposure to the city’s debt. The July 18 announcement that the city of Detroit, Michigan, would file for […]
Hedge Fund Backs CEO Caught In Police Sting
New York (HedgeCo.Net) – The hedge fund manager who was caught in a prostitution sting will continue on in his positions as chief executive and chief investment officer at Common Sense Investment Management, a $3.2 billion fund of funds. “(Jim Bisenius) will […]