Author Archives: Editor
HT Capital Shuts Asia Hedge Funds After Losses, Redemptions
Bloomberg – HT Capital Management, the Hong Kong-based investment firm run by the husband and wife team of Karl Hurst and Ophelia Tong, is shutting its hedge funds because of high operational costs and “disappointing performance.” HT Capital will close […]
How Wall Street Star Meredith Whitney’s New Hedge Fund Unraveled
BusinessWeek – It took less than a year for Meredith Whitney’s hedge fund to begin unraveling. Her American Revival Fund started investing in heartland stocks in November 2013, after the Wall Street star predicted on TV and in a book […]
Hedge Funds Take Cautious Line on Stocks
WSJ – Wall Street analysts are recommending investors buy stocks of large U.S. companies. But some hedge funds are holding back. Prominent firms, such as the $14 billion CQS LLP and Passport Capital LLC, which manages $4 billion, have cut […]
Judge Rules in Favor of Hedge Fund ‘Appraisal Arbitrage’ Strategy
WSJ – Hedge funds looking for higher payouts in corporate buyouts scored a win this week. In a case stemming from the 2012 buyout of Ancestry.com Inc., a judge on Monday ruled shareholder Merion Capital LP didn’t have to prove […]
Hedge-fund murder suspect ‘charmed’ his way out of trouble
NYP – The man accused of killing his millionaire Manhattan dad is straight out of the horror flick “American Psycho’’ — “able to charm .?.?. with his good looks and his waspy background, but behind that, he was dangerous,’’ a […]
Former Deutsche Bank Trader Strikes $50 Million Deal for New Hedge Fund
WSJ – The former head of Deutsche Bank AG ’s residential mortgage-backed securities trading group has struck a deal with Grosvenor Capital Management LP for $50 million in startup cash in exchange for a cut of fees earned from his […]
Hedge Funds: The Good and the Ugly of 2014
Value Walk – Despite a steady bull market, Hedge Funds have collectively struggled during 2014. On average, hedge funds posted returns of just 2% during 2014, compared to the S&P 500’s 2014 gain of over 12%. Since the 2008 recession, […]
Stake in Hedge-Fund Firm Brevan Howard Is for Sale
WSJ – A piece of one of Europe’s largest hedge-fund firms is on the block. Zurich reinsurer Swiss Re is looking to sell its minority stake in Brevan Howard Asset Management LLP, which manages more than $30 billion in several […]
Hollis Park Partners With Multi-Billion Hedge Fund Manager GCM Grosvenor
New York (HedgeCo.Net) – Hollis Park Partners LP, a global structured products investment management firm, today announced a strategic partnership with GCM Grosvenor, one of the oldest and largest global alternative investment managers with more than $47 billion in assets […]
Five Hedge Fund Trends Predicted For 2015
New York (HedgeCo.Net) – Global independent fund administration service company Centaur Fund Services has outlined five trends that they believe will shape the Fund Administration industry in 2015. They revolve around major market changes, regulation, innovation and due diligence. 1. […]
Agecroft Partners’ Top Hedge Fund Industry Trends for 2015
User Contributed News – Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than two thousand institutional investors and hundreds of hedge fund organizations. Because the hedge fund industry is very dynamic and […]
Brevan Howard Passes Management of Hedge Funds To DW Partners
New York (HedgeCo.Net) – Two hedge funds previously managed by Brevan Howard Capital Management, which total more than $5 billion in assets, are now being managed by New York credit-focused multi-strategy asset manager, DW Partners. “This is an exciting day […]