Author Archives: Editor
Paulson’s Hedge Fund Urges Botox-Maker Allergan to Consider Buying Shire
NYT – If AbbVie no longer wants to buy Shire, perhaps Allergan does. That is the proposal being pushed by Paulson & Company, the hedge fund that has stakes in two of those big drug makers, according to people briefed […]
Hedge fund pitch: Don’t play with this gun stock
CNBC – Anyone investing in gun companies may soon be in the line of fire. That’s the view of Ryan Morris, president of hedge fund Meson Capital. In a note recently posted on SumZero, a private network for “buy side” […]
“Young Turk” Okumus Sits Atop Hedge Fund Leaderboard
ValueWalk – A “young Turk,” as Forbes magazine once called him, has taken the lead in the HSBC hedge fund sweepstakes. Ahmet Okumus, who knew as a young trader hanging out at the Istanbul stock exchange he wanted to be […]
Gloucestershire planners set boundaries for hedge fund tycoon Crispin Odey
Telegraph – When Diary recently wrote about Crispin Odey, the fund management tycoon, he was hedging his bets as his planning application to replace a stretch of historic hedgerow at his Gloucestershire manor with “aesthetic” iron railings hung in the […]
Hedge fund exit requests drop to nine-month low
Reuters – Investor requests to pull money out from hedge funds dropped to a nine-month low in October, new data released on Monday showed. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of hedge fund clients giving notice to withdraw […]
SS&C GlobeOp Forward Redemption Indicator: October notifications 3.12%
New York (HedgeCo.Net) – Today SS&C GlobeOp announced that its Forward Redemption Indicator for October shows notifications of 3.12%. This figure is down from 3.25% in September. “October’s forward redemptions decreased slightly from September, but remain in line with historical […]
Mayor Bloomberg’s Investment Adviser Joins NY Hedge Fund
New York (HedgeCo.Net) – Ms. Ranji H. Nagaswami, a former Chief Investment Advisor to Mayor Bloomberg’s administration for the City of New York, has joined international hedge fund Corsair as a Senior Advisor. “Ranji brings a unique perspective to our […]
Staten Island Man Charged With Running A Fake Hedge Fund
New York (HedgeCo.net) – Staten Island resident, Anthony Coronati, an investment adviser to a fictitious hedge fund that he claimed would invest in equity securities, has been charged by the SEC with conducting several fraudulent securities offerings and siphoning some […]
Billionaire hedge fund managers back whiz kids’ charity
The Star – When it came to figuring out how to get some of North America’s biggest billionaire hedge fund managers to support their unusual fundraiser for The Hospital for Sick Children, two Bay Street whiz kids discovered the best […]
Goldman Sachs Unit Is Said to Back Asia Hedge Fund Trilogy
Bloomberg – Goldman Sachs Group Inc.’s asset management unit agreed to back Hong Kong-based hedge fund startup Trilogy Partners Ltd., said a person with knowledge of the matter. The capital will be provided by the bank’s hedge-fund seeding team, said […]
Farmers, Hedge Fund Strike Deal Over Payments for Guar
WSJ – Farmers in Oklahoma and Texas who shipped more than $20 million worth of guar beans last year to the nation’s only guar processing plant, which is now in bankruptcy, have struck a deal with the plant’s majority owner, […]
Hedge fund mogul Eric Mindich escaped AbbVie deal
NYP – At least one prominent hedge fund mogul who played the now-busted $55 billion AbbVie-Shire deal got out in the nick of time, The Post has learned. Eric Mindich, one of a handful of hedgies who cut their trading […]