Author Archives: Editor
The Secret Goldman Sachs Tapes
Bloomberg – Probably most people would agree that the people paid by the U.S. government to regulate Wall Street have had their difficulties. Most people would probably also agree on two reasons those difficulties seem only to be growing: an […]
America’s Richest Hedge Fund Billionaires
Forbes – Two of the most prominent and closely watched hedge fund managers are now among the richest 400 Americans. Larry Robbins and William Ackman have been billionaires for a while and important players in financial markets for years, but […]
KKR Said to Back Hedge Fund of Former York Capital Asia CEO
BusinessWeek – KKR & Co. has sealed its first Asia hedge-fund partnership backing a startup by the former regional chief of York Capital Management LP., according to people with knowledge of the matter. Feng Hsiung’s Hong Kong-based Acion Partners Ltd. […]
Hedge Funds Raise Bullish Cocoa Bets on Ebola Concerns
Bloomberg – Hedge funds raised bullish bets on cocoa before prices climbed to the highest since 2011 on concern that the deadly Ebola disease will disrupt supplies from West Africa, which produces 70 percent of global supply. Money managers raised […]
Hedge funds forget the rest as USD buying erupts
Trading Floor – Hedge funds increased their aggregate long dollar position against eight IMM currencies by 16 percent during the week of September 23. After just one week break selling resumed across all eight currencies apart from GBP which was […]
Ramius Launches Fundamental Global Macro Strategy with Quadratic Capital
Ramius LLC (“Ramius”), the global investment management business of Cowen Group, Inc. (“Cowen”) (Nasdaq: COWN), today announced a partnership to launch Quadratic Capital’s options-based, fundamental global macro strategy. Quadratic Capital employs liquid options and swaptions across asset classes and seeks […]
Starboard urges Yahoo to combine with AOL
Reuters – Activist investor Starboard Value LP said Yahoo Inc. should consider a strategic combination with AOL Inc. to save more than $1 billion in costs. Starboard also urged Yahoo to cut expenses and look for ways to generate value […]
Hedge Funds Now Allowed to Advertise to Public
New York (HedgeCo.Net) – One year ago, the SEC adopted Title II of the Jobs Act, removing the ban on general solicitation and creating enormous opportunities for capital formation. The elimination of the ‘do not solicit’ rule allows companies with […]
Barclays Capital Pays $15 Million For Compliance Failures After Acquiring Lehman’s Advisory Business
New York (HedgeCo.Net) – Barclays Capital has agreed to pay a $15 million penalty and to undertake remedial measures after being charged by the Securities and Exchange Commission with failing to maintain an adequate internal compliance system to ensure the […]
How The Hedge Fund Industry Has Exploded Since 2008
Business Insider – Hedge fund research firm Preqin has released a graphic showing how the hedge fund industry has changed since the 2008 financial crisis. In the years following the financial meltdown, there has been an uptick in the number […]
Event-driven hedge funds’ skills stand out in H1
Reuters – Hedge fund managers looking to profit from corporate events such as mergers and acquisitions proved to be the most skilful in the first half of the year, a study on Thursday by top global money manager BlackRock showed. […]
Exit from hedge funds not about performance: CalPERS CIO
DealBook – The decision by the California Public Employees’ Retirement System to leave hedge funds was not meant to send a message about that particular sector, the pension fund’s new chief investment officer told CNBC on Wednesday. “It is not […]