Category Archives: Syndicated

Global alternative asset manager Ares Management takes controlling stake Asian alts manager SSG Capital

(Opalesque) Global alternative asset manager Ares Management has agreed to acquire a controlling stake in Asian alternative money manager SSG Capital Holdings for an undisclosed amount. To read this article:

SPARX Japan hedge fund returned 16% in 2019

(Opalesque) SPARX Asset Management’s Japan Long-Short Fund (USD class) returned 15.98% in 2019, against the TOPIX’s 13.7% To read this article:

Einhorn’s Greenlight Capital takes stake in Germany’s Software AG

(Reuters) – Hedge fund manager David Einhorn’s Greenlight Capital said on Tuesday it took an unspecified stake in German business software developer Software AG (SOWGn.DE), describing the shares as undervalued. To read this article:

Activist hedge fund Elliott sells stakes in Hyundai Motor companies:

(Reuters) Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board seats, South Korean media reported. The U.S. activist hedge fund was not among […]

Hedge funds sell oil as doubts about economy resurface

(Reuters) – Hedge funds turned heavy sellers of petroleum last week as the threat of conflict in the Middle East receded and was replaced by renewed concerns about the health of the global economy. To read this article:

David Einhorn Says the Netflix Story Is ‘Busted’ and He Now Has ‘Substantial’ Bet Against Stock

(CNBC) David Einhorn’s Greenlight Capital told clients in a letter Tuesday that the hedge fund added to its short position in Netflix. Greenlight pointed to increased competition from new streaming services as one reason for the short position. To read […]

Exclusive: Hedge fund HG Vora wants Tegna to consider a sale or merger

(Reuters) – Another large investor in Tegna Inc (TGNA.N) wants the U.S. regional TV station operator to pursue a merger or sale, arguing a tie-up could be very valuable at a time the industry is facing a wave of consolidation. […]

Why Chicago Tribune Staffers Are Terrified of Their Hedge Fund Owner

(Forbes) Two veteran journalists from the Chicago Tribune published an op-ed on Sunday challenging one of the paper’s principal owners, the New York hedge fund Alden Global Capital. To read this article:

Hedge fund legends David Tepper and Stanley Druckenmiller say they’re still bullish

(CNBC) Billionaire investors David Tepper and Stanley Druckenmiller told CNBC they remain bullish on the market even as stocks keep hitting record highs. To read this article:

Preqin hedge fund benchmark up 11.58% in 2019, highest return since 2013:

(Opalesque) The Preqin All-Strategies Hedge Fund benchmark returned +2.00% in December, bringing the 2019 return to +11.58%. Funds of hedge funds gained 1.32% in December, generating a 2019 return of +8.34%, the highest annual return since 2013 (+8.82%). To read […]

US VC funding fell in 2019 in both Q3 and Q4, after a record-breaking Q2

(Opalesque) US venture capital-backed companies raised $23bn in Q4’19, down 16% compared to Q3. YoY funding fell 9% to $108bn making 2019 the third biggest year ever (with 2018 in the first place; 2000 in second). To read this article:

J.P. Morgan makes strategic investment in tech company for alternatives

(Opalesque) J.P. Morgan has taken an equity stake in Arcesium, an investment-management technology business that D.E. Shaw & Co. launched as an independent company in 2015. New York-based Arcesium LLC is an investment management technology and services firm, offering services […]