Author Archives: Editor
Not quite a free lunch for hedge fund investors
The Tally – Good news for investors out to play hardball with hedge funds over fees: A 0% management charge is not just wishful thinking. But don’t get too excited. Preqin has found 117 hedge funds globally charging investors zilch for […]
Hedge-Fund Titans’ Argentine Dreams Imperiled by Kirchner Clout
Bloomberg – Billionaire hedge-fund titans from George Soros to Dan Loeb have amassed stakes in Argentina’s defaulted debt on the view that whoever succeeds President Cristina Fernandez de Kirchner will be more market-friendly. The problem, at least to some pollsters, […]
Hedge fund Tigershark Partners to close doors
Market Watch – The six-year bull market hasn’t been profitable for all investors, particularly for those who put an equal focus on shorting stocks as they do going long on them. Such is the case with Tigershark Partners, a market-neutral […]
Investment Adviser Accused of Concealing Poor Performance of Fund Assets From Investors
New York (HedgeCo.Net) – The Securities and Exchange Commission today announced fraud charges against an investment adviser and her New York-based firms accused of hiding the poor performance of loan assets in three collateralized loan obligation (CLO) funds they manage. […]
The Economist explains: How hedge funds work
The Economist – In Febuary it emerged that nearly half of the richest hedge-fund managers in Britain have donated a total of £10m ($14.8m) to the Conservative party since 2010. Labour, the opposition party, has accused the Tories of dishing […]
Hedge Fund Deerfield Management Nets Two Scores In Pharma Merger Monday
Forbes – A major day of deal-making in the red hot biotech and pharmaceutical sector is paying for healthcare focused hedge fund Deerfield Management. On Monday, two of the fund’s largest publicly traded positions, Auspex Pharmaceuticals and Horizon Pharma HZNP […]
Here Comes a New Wave of Billion-Dollar Hedge Funds
Bloomberg – Hedge fund investors aren’t giving up just yet. At least five new hedge fund companies are on track to start with at least $1 billion this year, according to data compiled by Bloomberg, after eight firms started with […]
Hedge Fund Billionaire Ray Dalio Steps Up Foundation Giving
Forbes – Billionaire Ray Dalio has already built the world’s biggest hedge fund firm, Bridgewater Associates, which manages some $160 billion. He is now also building a large philanthropic foundation. According to the most recent public tax filing made by […]
Hedge Fund Accuses Alliance Trust of ‘Unbecoming’ Behavior
Bloomberg – Elliott Advisors accused Alliance Trust Plc and its chief executive officer, Katherine Garrett-Cox, of “unbecoming” behavior in the hedge fund’s latest sally at the 127-year-old U.K. money manager. Elliott renewed its call to install three new independent directors […]
Bernanke Will Blog on Economics, Finance And Sometimes Baseball
Bloomberg – Ben S. Bernanke is going on-line. The former Federal Reserve chairman has completed a book on the financial crisis, that will be published this fall, and is now launching a blog, the Brookings Institution said on Monday. “Now […]
Jersey Opportunities Highlighted At Hedge Fund Event
User Contributed News – Jersey has an opportunity to diversify its alternative funds capabilities and a growing role to play as a European domicile supporting US fund managers, according to panelists at this year’s Jersey Finance Annual London Fund Conference. […]
Hedge Fund Manager Investcorp Acquires U.S. Private School Network
New York (HedgeCo.Net) – Investcorp, an $11 billion international hedge fund manager has purchased Nobel Learning, a network of 176 schools across 18 states from private equity investor Leeds Equity Partners for an undisclosed sum. With approximately 5,000 teachers and staff and 25,000 […]