Category Archives: Syndicated
Gallant Capital wraps up the maiden fund at $378m, beating its $300m target
(Opalesque) Los Angeles-based private equity firm Gallant Capital Partners announced the final closing of its inaugural fund, Gallant Capital Partners I with $378 million in total commitments. To read this article:
More hedge funds may follow Polygon’s lead with short bets against gold miner Petropavlovsk
(Hedgeweek) Hedge fund short sellers could soon be circling the troubled Russian gold miner Petropavlovsk, after Polygon Global Partners built a sizeable short bet in the London-listed company, which is facing major governance issues. To read this article:
‘Trouble’s coming,’ warns short-selling legend who just cashed in a roughly $100 million winning bet
(Marketwatch) That’s legendary short seller Jim Chanos, fresh off a $100 million win, casting gloom over the current state of the stock market in a recent interview with the Financial Times. To read this article:
New SEC proposals could profoundly transform US equity markets
(CNBC) In the first 45 days of 2020, the SEC issued two proposals that, together, describe a new frontier of equity market structure that would profoundly change how U.S. equity markets function. The proposals would change nearly every rule of […]
GOP propose a second round of $1,200 stimulus checks. Mnuchin wants to finalize legislation by July 31
(CNBC) It’s the question that’s been on everyone’s minds: Will there be a second round of $1,200 stimulus checks? The answer is likely yes, based on a proposal introduced on Monday by Senate Majority Leader Mitch McConnell, R-Ky. The measure […]
U.S. stock futures flat ahead of major earnings
(CNBC) Stock futures were flat in overnight trading as investors prepared for a slew of earnings from major U.S. businesses on Tuesday. Dow futures rose 40 points or 0.15%. The S&P 500 and Nasdaq-100 futures rose 0.15% and 0.18%, respectively. […]
Sustainable bonds roar to record quarter with more than $130bn in the issuance
(Opalesque) Sustainable finance is growing, despite the pandemic-driven economic slowdown. Sustainable bonds, in particular, have surged this year. In the second quarter alone there was more than $130bn in issuance. According to new data from London-based Refinitiv, in the first […]
Majority of U.S. House backs new bailout for U.S. passenger airlines
(CNBC) A majority U.S. House of Representatives lawmakers signed a letter made public on Monday calling for a six-month extension of a $32 billion payroll aid program that they argue is crucial to keeping hundreds of thousands of aviation workers […]
Baloise Asset Management acquires stake in Tolomeo Capital
(Opalesque) As part of wider cooperation deal, the Basel-based insurance company will take a stake in Tolomeo Capital, a wealth manager in Zurich. With this transaction, the asset management of Baloise will strengthen its position as a major rule-based asset […]
Half way through 2020, hedge fund investor redemptions on pace to exceed 2019 outflows
(Opalesque) Investor redemptions continued in the hedge fund industry in June, with investors pulling $16.87 billion from the industry last month, according to the just-released eVestment June 2020 Hedge Fund Asset Flows Report. Year-to-date (YTD) investor redemptions sit at $55.44 […]
Stock futures rise ahead of big week of earnings, coronavirus stimulus in focus
(CNBC) U.S. stock futures rose on Sunday night as investors braced for a big week of corporate earnings and lawmakers continued coronavirus stimulus negotiations. Dow Jones Industrial Average futures traded 43 points higher, or 0.2%. S&P 500 futures gained 0.1% […]
This week we’ll learn the size of the hole the U.S. economy fell into when COVID-19 struck
(Marketwatch) There are good economic reports, there are bad ones, and in some rate cases there are ugly ones. This week, we get ugly.We will find out how deep a hole the U.S. economy fell into in the second quarter […]