Author Archives: Editor
Hedge fund manager Bass challenges more drug patents
Reuters – Prominent hedge fund manager Kyle Bass, who made headlines in January for promising to knock out big pharmaceutical companies’ patents, has made Irish drugmaker Shire Plc his latest target. Bass, the founder of Dallas-based Hayman Capital Management, on […]
Hedge fund billionaire Paul Tudor Jones just bought a $71 million Palm Beach mansion
Business Insider – Billionaire hedge fund manager Paul Tudor Jones II just dropped a fortune on a new house in Palm Beach. Tudor Jones paid $71.2 million for the nearly six-acre estate, the Palm Beach Daily News reported, citing a […]
SEC: Confidentiality Agreements Cannot Stifle Whistleblowers
New York (HedgeCo.Net) – The Securities and Exchange Commission today announced its first enforcement action against a company for using restrictive language in confidentiality agreements with the potential to stifle the whistleblowing process. The SEC charged Houston-based global technology and […]
Hedge Fund People: Jennifer Cahill Joins Investcorp
New York (HedgeCo.Net) – Investcorp, a leading provider and manager of alternative investment products with approximately $11 billion in assets under management, today announced that Jennifer Cahill has joined the firm’s Hedge Funds business as a Managing Director within its […]
DOJ May Go After Individual Bankers For Role In Financial Crisis
Reuters – U.S. Attorney General Eric Holder said on Tuesday that he has given U.S. Attorneys a 90-day deadline to evaluate whether they can bring cases against any individuals for their role in the 2008 financial crisis. Federal prosecutors who […]
Female-Run Venture Capital Funds Alter the Status Quo
NYT – Step into the offices on Sand Hill Road, the heart of Silicon Valley venture capital, and one thing is immediately striking — the almost all-male cast of leading characters. But there is another corner of the venture capital […]
Hedge Fund Mines Twitter for Stock Tips
Bloomberg – People share more information than you might want to know on Facebook and Twitter. Hedge fund firm Tashtego hopes to profit from it. Tashtego, backed by early Twitter Inc. investor Spark Capital, plans to raise a fund that […]
US hedge fund Elliott ups voting stake in Alliance Trust
Telegraph – US hedge fund Elliott Advisors has increased its voting rights in Alliance Trust as it continues its war against the Dundee-based company. Elliott has upped its voting share from 5.07pc to 9.9pc in the investment trust, giving it […]
Large Hedge Fund Survivor Bias
ValueWalk – Hedge fund survivor bias is especially insidious for the largest firms. Large hedge fund survivor bias overstates expected performance of the biggest firms by nearly half and their risk adjusted return from security selection (stock picking) by 80%. […]
Hennessee: Hedge Funds Strong On Growth, Europe And Opportunistic Funds
New York (HedgeCo.Net) – The top three hedge fund strategies last month were Growth (+4.75%), Europe (+3.89%) and Opportunistic (+3.77%). The bottom three strategies for the month were Short Biased (-5.34%), Market Neutral (-0.18%) and Macro (+0.19%). Hennessee Group LLC […]
Hedge Fund Traders Return to Fray With $1 Billion Launches
WSJ – Several big-name traders are launching hedge funds in the U.K.’s capital as a surge in startups gathers momentum. Chris Rokos, formerly of Brevan Howard Asset Management LLP; David Fear, who previously ran a fund for Ziff Brothers Investments; […]
Here are the new $1 billion hedge funds opening this year
Business Insider – Since the 1990s, hedge funds have risen to become the juggernauts of the investing world, and now new firms are springing up at a rate unseen for a decade. At least five new funds, managing $1 billion […]