Monthly Archives: November 2014

Bloomberg – Joseph Tsai, vice chairman of Alibaba Group Holding Ltd. (BABA), has pledged the bulk of a $100 million commitment to a new hedge fund run by former SAC Capital Advisors LP manager Andrew Bazarian, according to a person […]

Forbes – The Securities and Exchange Commission routinely rejects more than half of all Freedom of Information Act requests for data that could help investors better select investment advisors, even while it allowed a staff economist to use some of […]

Bloomberg – Hedge funds cut bullish holdings in crude as record U.S. output added to a global supply glut, spurring the longest losing streak in prices in six years. Money managers reduced net-long positions in West Texas Intermediate by 2.3 […]

Telegraph – A US hedge fund giant has made a £100m bet against Marks & Spencer as Britain’s biggest clothing retailer prepares to unveil another slump in sales. Lone Pine Capital, which controls $27bn (£16.9bn) of assets, has built a […]

WSJ – China’s hedge funds, which for years have operated in a legal gray area, are moving into the mainstream as regulators roll out laws and measures to manage the fast-growing industry. The official recognition of this corner of the […]

CNBC – Hedge fund manager Steve Cohen has at least one easy way to make up some of the $1.2 billion he recently agreed to pay the government: Cash in on SAC Capital Advisors’ sprawling real estate holdings that stretch […]

CPA – The “Big Four” accounting and consulting firm Ernst & Young LLP has received two industry honors in the accounting and auditing space. The firm has been named Best Accounting Firm by the HFMWeek 2013 U.S. Hedge Fund Service […]

Augusta Chronicle – The social network broke into the top-10 stocks that appear most frequently among the largest holdings of hedge funds, according to a Goldman Sachs survey of their third-quarter holdings. Facebook ranked sixth, after not placing in the […]

Bloomberg – Global banks and asset managers are opening hedge funds in Asia for the first time since the 2008 financial crisis, putting pressure on smaller firms that are already struggling to hold onto investors. Goldman Sachs Group Inc., UBS […]

NYT – The Carlyle Group said on Tuesday that it would acquire the Diversified Global Asset Management Corporation, an independent hedge fund manager, the latest push by Carlyle into areas beyond its core leveraged-buyout business. Carlyle will pay $33 million […]