Author Archives: Editor
Morning Agenda: Britain’s Conservatives Get Hedge Funds’ Vote
NYT – The British elections are on Thursday, and members of one constituency, the financiers, have already made their preference extremely clear, Danny Hakim writes in DealBook. Britain’s Conservative-led government has been a staunch supporter of hedge funds and BANKS, […]
Buffett Sees Reinsurance Slump
Insurance Journal – Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said he expects a slump in reinsurance results in the coming decade as investors enter the MARKET. “It’s a business whose prospects have turned for the worse and […]
Artificial intelligence is the next big thing for hedge funds seeking an edge
Quartz – The glitzy skyscrapers of Hong Kong’s financial center stand in stark contrast to a dirty grey industrial building in the city’s run-down Kwun Tong district. Yet nine floors up, in an office bereft of any form of signage, […]
Hedge Fund Whistleblower Awarded $600,000
New York (HedgeCo.Net) – An employee who worked at a hedge fund adviser has received the maximum whistleblower award after reporting insider trading activity. NY hedge fund advisory firm Paradigm Capital Management and its owner Candace King Weir also agreed to pay $2.2 million […]
Hedge Fund Cello Capital Adds Team From Weinstein’s Saba Capital
Bloomberg – Hedge fund Cello Capital Management hired a team of commercial mortgage bond TRADERS from Boaz Weinstein’s Saba Capital Management. The team is led by MONEY manager Toby Maitland Hudson and includes Scott Grabine and Kashif Akhtar, spokeswoman Elizabeth […]
Massive Stash Of Ammo Found In Hamptons Home
New York (HedgeCo.Net) -The authorities have found a stash of ammo at the childhood home of Thomas Gilbert Jr., who was indicted for killing his 70-year-old father, Gilbert Sr. “Police recently executed a search warrant in his bedroom in his […]
Baby Hedge Fund Managers Show Their Stuff
Bloomberg – In the summer of 1967, at the peak of the Monkees’ popularity, the thousands of fans filling stadiums for their live tour had the option of arriving early to catch an obscure opening act. It was a guitarist […]
Mitch Landrieu makes a play for potential hedge fund lawsuit proceeds
Times Picayune – New Orleans Mayor Mitch Landrieu wants in on the firefighters’ lawsuit against the managers of a bankrupt hedge fund that lost a $15 million investment made by the firefighters’ pension FUND. In a motion filed Thursday (April […]
This star hedge fund manager has CIA interrogators give all his potential hires a personality test
Business Insider – Hedge fund manager Jason H. Karp, the founder of Tourbillon Capital Partners, said all of the potential hires at his firm take a personality test. “We actually administer a three-step personality exam that’s conducted by a former CIA […]
Hedge Fund Launch Marks Expansion of Advent’s Alternatives Offerings
New York (HedgeCo.Net) – Advent Capital Management, LLC (“Advent”), an investment management firm with approximately $8.5 billion in assets under management, announced that it has launched a new UCITS regulated umbrella fund* domiciled in Ireland, which will include the Advent Global […]
Activists hedge funds actually good for investors
Activist hedge funds, on the whole, do good work, but the best results come from those with the deepest pockets. A new study, looking at the performance of activists, who buy shares and then push companies to change strategy, shows […]
