Author Archives: the HedgeCo News Team
Hedge Funds Drawn to Fannie-Freddie Risk-Sharing Plan
Bond buyers are vying with insurers to strike deals with Fannie Mae (FNMA) and Freddie Mac as their regulator seeks to draw private capital to the government- dominated mortgage market. The taxpayer-supported companies, which own or guarantee $5 trillion of […]
Hedge Funds Returning to Palladium as ETPs Retreat: Commodities
Hedge funds are siding with analysts predicting decade-high palladium prices even as investors cut holdings in exchange-traded products backed by this year’s worst-performing precious metal. The funds’ wagers on a rally more than doubled since August as ETP holdings slumped […]
Elliott Management leader digs heels in on acquisition of Argentine Vessel
New York (HedgeCo.Net) – Paul Singer, the billionaire manager of Elliot Management, has opened up to his investors about the details surrounding the acquisition of the Argentinian vessel ARA Libertad. In an investor letter obtained by the NY Post, Singer […]
Hedge Funds take 5 of the top 10 spots as donors to Romney Victory Fund
New York (HedgeCo.Net) – After federal disclosures were filed on Monday, the Reuters team put together a handy list of the top 10 firms who donated to the Romney Victory fund. The Romney Victory fund is a joint fund lead […]
Ex-SAC Capital Manager Tells FBI Fund Used Insider Data
Bloomberg – A former SAC Capital Advisors LP portfolio manager told the FBI it was “understood” that those assigned to give their best trading ideas to founder Steven A. Cohen would provide him with insider information, according to an agent’s […]
Judge Flips Out On Hedge Fund Manager Accused Of Pretending To Own Facebook Shares
Business Insider – He allegedly lied to investors about owning shares in some hot tech companies, missed his flight and delayed his hearing. He even caused mass confusion once he made it to court, but a judge still wasn’t ready to […]
Carlyle Buys Hedge Fund Vermillion in Commodities Expansion
Businessweek – Carlyle Group LP (CG), the second-largest buyout firm, bought commodities hedge-fund manager Vermillion Asset Management LLC, adding $2.2 billion in commodities assets as the firm expands beyond private equity. Carlyle purchased 55 percent of Vermillion for a mix of […]
CFTC Registration Adds Additional Regulatory Layer for Hedge Funds
Earlier in the year, the Commodities Futures Trading Commission (CFTC) repealed a key exemption from registration that a majority of hedge fund advisers had relied on. Set to expire at the end of the year, hedge funds are now gearing […]
Third Point Re to partner with Hiscox on catastrophe reinsurance fund
Artemis – Bermuda based reinsurer Third Point Re, backed by a hedge fund and institutional investors, are partnering with Hiscox Insurance Company (Bermuda) Limited in the development of their first catastrophe reinsurance fund efforts. A few weeks ago we wrote […]
Will Hedge Fund Bain Capital’s Tax Strategies play a role in the first Presidential Debate?
New York (HedgeCo.Net) – Wednesday evening, all eyes will be on President Barack Obama and Governor Mitt Romney, as they face off in one of the most contested presidential races in memory. The topic of the first debate will be domestic issues […]
David Einhorn And Other Top Hedge Fund Managers Are Presenting Their Top Investment Picks Today
Today is the last day of the 8th annual Value Investing Congress in Manhattan. Investors from all over have gathered at the Marriot Marquis in Times Square to hear some of the brightest minds in the hedge fund industry share […]
Top Hedge Fund Consultants Like Small Managers, Look Beyond Performance
Finalternatives – “Smaller managers are better managers,” said Samuel “Q” Belk of Cambridge Associates, the investment consultancy advising on institutional assets worth about $3 trillion. Speaking on a consultants panel during the recent FINforums Annual Hedge Fund Summit in New […]