New York (HedgeCo.Net) – Eight hedge funds and money managers have completely divested their gun holdings, valued at $150 million, just six months after Moms Demand Action for Gun Sense in America launched a national divestment campaign against manufacturers of assault weapons and high-capacity […]

New York (HedgeCo.Net) – Hedge fund Glenview Capital Management LLC, which owns 14.6% of the common stock of Health Management Associates, Inc. today (25th) filed a preliminary Consent Solicitation Statement nominating eight industry leading candidates to replace the current Board […]

New York (HedgeCo.Net) – Hedge fund Third Point has added five million shares in Sony Corp.,  taking its stake to 7% (up from 6.5%). Daniel Loeb and his hedge fund want Sony to spin off part of its entertainment arm that will include a Hollywood […]

New York (HedgeCo.net) – A group of hedge funds led by Geneva-based investor Equilibria Capital have called for the break-up of $5.1 billion financial services group RHJ International (RHJI). The move would stop RHJI from acquiring leading German investment bank BHF, and […]

New York (HedgeCo.net) – Hedge fund advisory, tax and consulting company Deloitte LLP., has acquired all of the assets of financial restructuring company CRG Partners. “Despite an improving economy, there are still companies facing significant operational and financial challenges,” said David Williams, […]

New York (HedgeCo.net) – The hedge fund division (Wells Fargo Securities) of $1.3 trillion financial services company Wells Fargo, has reached a definitive agreement to acquire Merlin Securities, a prime brokerage services and hedge fund tech provider. “Merlin’s capabilities fill […]

New York (HedgeCo.net) – $351.7 billion US investment manager, Federated Investors, Inc., is acquiring Prime Rate Capital Management from UK hedge fund Matrix Group Limited. Prime Rate Capital Management’s family of UCITS hedge funds include: Prime Rate Sterling Liquidity Fund, Prime […]