Author Archives: Editor
Hedge fund Kerrisdale says Webster should consider spinoff
Reuters – Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp to consider spinning off its health savings business from its main banking operations, a move it said could boost the company’s share price by 36 percent. “We believe […]
What happened with Lumber Liquidators is a perfect example of why hedge funds can be great for America
Business Insider – Whitney Tilson, who runs Kase Capital, just gave us all a great example of how hedge funds can be a force of good. On Sunday,”60 Minutes” and Anderson Cooper ran a damning report about Lumber Liquidators–America’s largest […]
Activist Hedge Funds Are Driving Company Performance
New York (HedgeCo.Net) – Activist hedge funds globally are driving improvements in the share price, operating performance and governance of the companies in which they invest, according to a new paper by AIMA, the global hedge fund industry specialist. The […]
NY Hedge Fund Charity Poker Tournament
Press Release – Private Equity and Hedge Fund Industry Leaders and New York Knicks Legend John Starks Will Unite To Support Career Mentorship Programs for Disadvantaged, Low-Income Individuals. StreetWise Partners, a leading non-profit organization that works with low-income individuals to help […]
Hedge Fund Study Expects Asset Allocation To Rise By 7% In 2015
New York (HedgeCo.Net) – Hedge funds are expected to grow by 7%, up to approximately $3 trillion in assets by the end of 2015, according to the 13th annual Alternative Investment Survey by Deutsche Bank. Institutional investment in hedge funds is set […]
Scutify Releases “Hedge Fund Manager App” On iOS
ValueWalk – The app allows users to play as hedge fund managers, create and manage their fantasy firm with a $100,000 virtual capital. Users can use the virtual cash to try out investing strategies and learn new techniques to create […]
JPMorgan Picks James Ferguson to Oversee Hedge-Fund Services
Bloomberg – JPMorgan Chase & Co. named James C. Ferguson to run the unit that helps private-equity and hedge funds with accounting, valuation and other administrative tasks after trades. Ferguson, a 14-year veteran of JPMorgan, will oversee the Global Alternative […]
Bridgewater launches new hedge fund unit
EFC – In the latest hiring roundup, Bridgewater is recruiting quants, Freddie Mac is adding displaced traders and Deutsche Bank is quietly hiring in New York. The world’s largest and most secretive hedge fund is building a new unit to […]
Neuberger Berman Places Nine Wealth Advisors In Barron’s “Top Financial Advisors” List
PRNewswire – Neuberger Berman, one of the world’s leading private, employee-owned investment managers, announced that nine of the firm’s wealth advisors were included in the Barron’s magazine feature “America’s Top 1,200 Financial Advisors”. The annual state-by-state list shows three of […]
Activist Hedge Fund Wants New Chairman For Ciber Board Of Directors
New York (HedgeCo.Net) – Lone Star Value Management, a $2.7 million shareholder of Ciber Inc., has delivered a formal notice to IT consulting firm Ciber of its intention to nominate three director candidates for election to the board at the […]
2014 Private Equity Exit Volume Highest Level on Record
New York (HedgeCo.Net) – The Private Equity Growth Capital Council’s Trends Report for the fourth quarter of 2014 was released today. The report indicates that the industry recorded its highest exit volume ever last year, at $257 billion, and also […]
Marriage hurts a hedge fund manager more than divorce
CNN – A fund’s alpha — the measure of how much it beats the market — falls by an annualized 8.5% around the time of a manager’s marriage, according to a study released this month by University of Florida economists. […]