Author Archives: Editor
Tudor Is Said to Close Oldest Hedge Fund After 30 Years
Bloomberg – Billionaire Paul Tudor Jones plans to close his oldest hedge fund after 30 years because of the cost of running the fund relative to its size, according to a person familiar with the matter. Jones’s $13 billion hedge-fund […]
Love Him or Hate Him, Bill Ackman Now Runs the World’s Top Hedge Fund
Bloomberg – Lunch was a bit awkward. It was around 1 p.m. on a warm October day in New York. A group of Wall Street investors were tucking into chicken in a red-wine demi-glace and Brussels sprouts at the Plaza […]
Biotech Hedge Fund Founder Shot In New York
New York (HedgeCo.Net) – The founder and managing member of Wainscott Capital Partners was discovered shot to death in his New York apartment over the weekend, police said. The NYPD said that the victim, Thomas Gilbert Sr, was allegedly shot in the […]
Hedge fund robots crushed human rivals in 2014
CNBC – The hedge fund robots are winning again. That’s a key lesson from 2014, when computer algorithm-led investing produced stellar returns, beating most gut-driven human managers and dramatically recovering most of their losses from 2011, 2012 and 2013. Read […]
179 New Hedge Funds Launched At End OF Year
New York (HedgeCo.Net) – 179 new hedge funds launched in 3Q 2014, an increase from Q2 of 11% hedge fund research shows. North America-based hedge fund managers represented a significant rise in the proportion of total hedge fund launches in the last quarter, […]
The Best Long Bets Made By Major Hedge Funds In 2014
ValueWalk – This has not been an easy year for hedge funds. The most popular hedge fund strategy, long/short equity, which usually churns out an above average gain every year, was not a winner this year. HFRX Equity Hedge Index […]
$40 Million Goes To Hedge Fund In Credit Suisse Case
New York (HedgeCo.Net) – Dallas hedge fund Highland Capital Management has won a $40 million payout from Credit Suisse, the Wall Street Journal reports, after proving that Credit Suisse AG duped the hedge fund into refinancing a shaky real-estate development. “They were […]
Hedge Fund Manager Buys Arizona Coyotes
New York (HedgeCo.Net) – Hedge fund manager Andrew Barroway has bought a 51% stake in the Arizona Coyotes NHL hockey team. Making him the majority owner of the team. Approved by the NHL Board of Governors on December 31, 2014, […]
Hedge fund sells stake in Houston oil field lodging provider
Huston Chronicle – The activist hedge fund that first pushed for the spinoff of oil field lodgings provider Civeo Corp. has jettisoned its entire $51 million stake in the company after Civeo’s gloomy prediction of fewer inhabitants in the oil […]
Investors eye 2015 with big appetite for hedge funds
Reuters – Wealthy investors are poised to put at least $90 billion into hedge funds next year, even after returns have largely been lackluster this year, research firm eVestment said on Tuesday. Fresh demand from pension funds, endowments, and insurers […]
Hedge Fund Jana Partners Dumps Plunging Civeo Shares After Winning Board Seats In October Comment Now Follow Comments
Forbes – Barry Rosenstein-run Jana Partners has sold all of its shares in oilfield accommodations specialist Civeo Corporation, the activist hedge fund disclosed in a filing on New Years Eve. That sale comes just over two months after the firm […]