Category Archives: Activist Funds
Hedge Fund Activists Call For a Breakup Of RHJ International
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 […]
Billionaire Hedge Fund Manager Wants A Sony Spin-Off
New York (HedgeCo.Net) – Bloomberg reports that the founder of hedge fund Third Point is looking to breakup Sony Corp., after acquiring a 6.5 percent stake in the company. Daniel Loeb wants Sony to spin off part of its entertainment arm […]
Elliott Management leader digs heels in on acquisition of Argentine Vessel
New York (HedgeCo.Net) – Paul Singer, the billionaire manager of Elliot Management, has opened up to his investors about the details surrounding the acquisition of the Argentinian vessel ARA Libertad. In an investor letter obtained by the NY Post, Singer […]
Hedge Fund Mergers & Acquisitions: Deloitte Expands Into The Restructuring Marketplace
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, […]
Hedge Fund Mergers & Acquisitions: Merlin Securities Team Joins Wells Fargo
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 […]
US Investor Acquires $2.4 Billion UK Hedge Fund Group
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 […]
New Yorker Profiles Hedge Fund Tech Maestro Peter Thiel
New York (HedgeCo.net) – In the upcoming issue of The New Yorker, writer George Packer profiles hedge fund and venture-capital entrepreneur Peter Thiel. The article “No Death, No Taxes” comes out on November 28th. His venture-capital firm, Founders Fund, has an […]
Hedge Fund Mergers & Acquisitions: Blackstone Buys Up Emdeon
New York (HedgeCo.net) – Hedge fund giant Blackstone has completed its acquisition of Emdeon Inc, a healthcare revenue and payment cycle management provider, in a transaction valued at approximately $3.0 billion. “We are excited to open a new chapter in the […]
Nanotech Hedge Fund Investor Gets $11 Million Funding by U.S. Department of Energy
New York (HedgeCo.net) – Hedge fund investor Nanostart’s holding Nanosys Inc. has received funds from the U.S. Department of Energy (DOE), as part of the DOE’s larger mission to accelerate the development and deployment of advanced vehicle technologies through targeted […]
Hewitt Shareholders Nominate Hedge Fund As $243 Million CLO Manager
New York (HedgeCo.net) – Texas hedge fund adviser Highland Capital Management and it’s affiliate, Acis Capital Management, L.P., is now the successor Collateral Manager of Hewett’s Island CLO I-R Ltd, with approximately $243 million of assets under management. Alternative investment specialist, Acis, assumed the role […]