Monthly Archives: November 2016

Certain Hedge Funds Could Benefit From Trump Market Rally

(Valuewalk) As the election of Donald Trump is initially greeted by markets, certain hedge funds could see a boost from related market action. In fact, several leaders on the HSBC Hedge Weekly performance list could see a post-election boost. To […]

Preqin Survey: Private Equity Salaries Stay Flat in 2016 Despite Successful Year

(FinAlternatives) Salaries in the private capital space have stayed relatively static through the volatility of 2015 and this year, according to a new survey from industry data provider Preqin, and the majority of firms don’t expect to hike base salaries […]

Why Machines Still Can’t Learn So Good

(Bloomberg) Anthony Ledford and his colleagues at Man AHL spent three painstaking years building a machine-learning model to do something mere mortals often can’t: find fresh ideas in an avalanche of data. But even Ledford, chief scientist at the $19 […]

Loeb’s Third Point Reveals New Positions in Apple, Visa, and Dell, Exits Marathon

(FinAlternatives) Dan Loeb’s Third Point hedge fund took new positions in Apple, Visa and Dell Technologies during the third quarter, according to regulatory filings on Thursday, and increased its stakes in Facebook, Alphabet and Monsanto. To read this article:

SEC Administrative Trial Against Patriarch’s Tilton Concludes

(FinAlternatives) Closing arguments in the SEC administrative proceeding against private equity maven Lynn Tilton were heard on Thursday, with her lawyer comparing the Commission’s case to a “fantasy world” and SEC attorneys saying Tilton was “determined to keep what was […]

Carlyle Hedge Fund’s $400 Million African-Refinery Investment Disappears

(Wall Street Journal) A Carlyle Group LP hedge fund has lost the $400 million it invested last year in a Moroccan oil-refinery deal, according to a securities filing and people familiar with the matter. The hedge fund, known as Vermillion, […]

Sententia Capital targets $100M

(Opalesque) New York-based emerging manager Sententia Capital is opening its value strategy to outside investors. The firm is targeting $100 million in outside capital. The founders share class will be available without fees for the remainder of 2016. Sententia is […]

For Hedge Fund Investors, Calm Uncertainty Over Trump’s Direction

(Deal Book) Wilbur Ross, the contrarian billionaire investor, stood in a sea of red caps early Wednesday morning at the New York Hilton Midtown hotel in Manhattan as Donald J. Trump took the stage. Mr. Ross, who played a role […]

Hedge fund playbook for Trump is to bet on rising rates, buy banks, biotech

(CNBC) Stephen Weiss of Short Hills Capital Partners and CNBC’s “Halftime Report” talks with some of the biggest hedge fund managers in the business on a regular basis, and he also manages money for some of them. Weiss describes the […]

Icahn Left Trump Victory Party to Bet $1 Billion on Stocks

(Bloomberg) As Donald Trump celebrated his surprise election win over Hillary Clinton and equity futures swooned in response, billionaire investor and Trump supporter Carl Icahn headed home to start trading. Icahn, 80, left President-elect Trump’s victory party in the early […]

Hedge fund closures set to outpace launches in 2016

(Reuters) Hedge fund closures globally are likely to outpace launches this year for the first time in more than 16 years’ of data, a leading market data tracker said on Wednesday…. To read this article:

Quant Hedge Funds Boom in Asia

(Bloomberg) More Asian hedge funds are starting computer-driven strategies, as investors disappointed by the poor performance of some traditional funds search for better returns. In Singapore, $2 billion multi-family office Thirdrock Group has launched a quant fund, and Lucerne Investment […]