Author Archives: Editor
Blackstone Acquires $4.6 Billion Loan Portfolio from GE Capital
New York (HedgeCo.Net) – In another major acquisition, the mortgage department of hedge fund giant Blackstone Group today announced that they have signed an agreement to acquire a $4.6 billion commercial mortgage loan portfolio from GE Capital Real Estate. The […]
Hedge fund machines cash in—again
CNBC – Hedge funds that rely on sophisticated computer algorithms to invest are once again producing the industry’s best returns. Funds managed by ISAM, Cantab, AHL, Systematica and others produced double-digit gains over the first three months of 2015, according […]
Ex-Taconic fund manager Hampaul readies own hedge fund
Reuters – Former Taconic Capital Advisors portfolio manager Kelly Hampaul is preparing to launch his own hedge fund in the second half of the year, sources said, joining a string of other high profile European start-ups expected in coming months. […]
Hedge Funds Invest in Austrian Bank Loathed by Taxpayers
Bloomberg – Klagenfurt has long been a magnet for visitors from around the world, attracted by the idyllic Woerthersee lake and the Karawanken mountain range that the region shares with Slovenia. Now this city of 97,000, the capital of the […]
Kuwaiti Firm Set To Launch New $100 Mln Equities Hedge Fund
Arab Times – The co-founder of privately-owned Kuwaiti oil firm Zahra Group is set to launch a new $100 million global equities hedge fund targeting ethical investments, the biggest Gulf launch for five years. The fund will invest using the […]
Billionaire Paulson’s Merger Hedge Fund Said Up 10% in 2015
Bloomberg – Billionaire John Paulson’s merger strategy has gained 10 percent this year lifted by consolidation among drugmakers. The $19.3 billion New York-based firm posted a 0.7 percent return last month in a merger fund that uses leverage to amplify […]
Blackstone Hires 20 Military Service Members Transitioning Into Private Sector
New York (HedgeCo.Net) – Blackstone-backed Vivint Solar has offered jobs to the 20 graduates of the United States Department of Energy’s, ‘Reach for the Sun’ pilot program. Blackstone Group LP, the world’s largest hedge fund manager, acquired the company in […]
Credit Suisse Liquid Alternative Beta Index Up 0.29% in March
New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 0.29% in March. The Managed Futures strategy was the strongest performer, finishing up 4.28% […]
The Oil Industry’s $26 Billion Life Raft
Bloomberg – For U.S. shale drillers, the crash in oil prices came with a $26 billion safety net. That’s how much they stand to get paid on insurance they bought to protect themselves against a bear market — as long […]
New Hedge Fund Strategy: Dispute the Patent, Short the Stock
WSJ – A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hayman Capital Management LP—which made a fortune wagering […]
The World’s Largest Hedge Fund Had a Huge Quarter Betting Against the Euro
Bloomberg – Ray Dalio’s dire view on Europe is paying off. His Bridgewater Associates, the world’s largest hedge fund, climbed about 14 percent this year through March in one of its strategies, according to a person familiar with the matter. […]
