Category Archives: Syndicated

Private equity fund performance falters in 2019

(Opalesque) New data from eFront shows that private equity performance faltered a bit in 2019. LBO fund performance dipped from the record levels seen in 2017. For the US, active LBO funds are performing well when compared with the historical […]

A Commodities Hedge Fund Titan Is Quitting After 50 Years

(Bloomberg) Blenheim Capital Management, once the world’s largest commodities fund, is being wound down as founder Willem Kooyker calls time on a 50-year trading career that earned him a gilded reputation in oil, metals and agricultural markets. The majority of […]

CTAs down -2.6% in September due to long positioning on fixed income

(Opalesque) CTAs were down -2.6% in September due to their long positioning on fixed income, while Global Macro strategies were up +1.4%, Lyxor said. Concurrently, Event-Driven and L/S Credit strategies were slightly up (+0.2 and +0.3% respectively) and L/S Equity […]

Ropes & Gray adds private equity partner in New York

(Opalesque) Global law firm Ropes & Gray today announced that Scott A. Abramowitz has joined the firm as a partner in its 350-lawyer New York office. Mr. Abramowitz expands Ropes & Gray’s preeminent private equity practice, which represents clients in […]

Australian IPO market on tenterhooks after deals pulled

(Reuters) – Two failed Australian floats in two weeks – including one touted as the country’s biggest of the year – have jacked up the pressure on planned listings, with fund managers sceptical that hoped-for valuations will come to pass. […]

Hedge funds hold fire after two weeks of heavy selling in oil

(Reuters) – Hedge funds stuck with their existing bearish view on oil prices last week – leaving positions in petroleum broadly unchanged after two weeks of heavy selling at the end of September and the start of October. Hedge funds […]

Hedge Funds Hurt by Seoul’s Too-Good-to-Fail Bonds

(Bloomberg) In its desperation to create more tech stars, South Korea’s government bears some of the blame for spreading moral hazard in the nascent local hedge-fund industry. Lime Asset Management Co., the country’s biggest hedge fund, has frozen $710 million […]

Is Ken Griffin shopping around a piece of his business?

(Chicago Business) Billionaire hedge fund founder could pursue?a sell-high philosophy as he looks to the future. Ken Griffin’s Citadel and Citadel Securities have been on a roll, even as the hedge fund industry shrinks and trading rivals stumble. Citadel’s hedge […]

Dutch ESG hedge fund returns 18% in first seven months

(Opalesque) The Altaica Sustainable Equity Long Short (SELS) Fund is an up and coming ESG hedge fund; since its launch in March, it has returned 18.2% through an astute selection of stocks that have high ESG ratings, the use of […]

Fresh Blow to Hedge Funds as Software Darlings Start to Crumble

(Bloomberg) A favorite strategy of hedge funds that splits technology stocks into hardware and software makers has been sputtering for months. It finally blew up. The smart money piled into software shares such as Microsoft and Atlassian while cutting stakes […]

Hedge Funds Hurt by Seoul’s Too-Good-to-Fail Bonds

(Bloomberg) In its desperation to create more tech stars, South Korea’s government bears some of the blame for spreading moral hazard in the nascent local hedge-fund industry. To read this article:

Institutional investors are growing concerned about a slowdown in 2020

(Opalesque) Institutional investors are beginning to show signs of worry about the economy heading into 2020, according to a new survey from placement agent Eaton Partners. The quarterly “Eaton Partners LP Pulse Survey” questioned more than 60 leading LPs, many […]