Category Archives: Syndicated
Waterstones Owner Buys US Chain Barnes & Noble
(The Guardian) The hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve real-world bookshops. […]
Under Fire Fund Manager Woodford in Scramble to Sell Stakes
(Reuters) British money manager Neil Woodford cut his stakes in at least 21 companies this week as he frees up cash to meet a rush of redemption requests that forced him to suspend his flagship fund. Woodford, one of Britain’s […]
Advent International raises $17.5bn for ninth global PE fund
(Opalesque) Private equity firm Advent International said that it has completed raising funds for its ninth global private equity fund, GPE IX, with commitments of $17.5bn, surpassing the earlier target of $16bn. Advent’s previous global fund, GPE VIII, closed on […]
Barnes & Noble to be bought by hedge fund Elliott in $683 million deal
(Reuters) – Barnes & Noble Inc said on Friday it would be bought by hedge fund Elliott Management Corp in an all-cash deal valued at about $683 million, including debt. Shareholders of the once-dominant U.S. book retailer would be paid […]
Third Rock Ventures raises $770m for its largest life sciences fund
(Opalesque) Biotechnology venture capital firm Third Rock Ventures has raised $770m for its fifth fund, a sign that investor interest in funding early-stage science continues unabated despite volatile public markets. The investment vehicle, the largest ever raised by Third Rock […]
Mifid II Drives Race for Research Alternatives
(HedgeWeek) The introduction of the second Markets in Financial Instruments Directive (MiFID II) in January 2018 heralded fundamental changes in the market, specifically when it comes to research. Buy-side firms have had to scrutinise the amount they spend on research […]
CEOs Are Being Forced to Hedge Against the Chaos of a Full-On Trade War
(Bloomberg) Toyota Motor Corp. has long tracked President Donald Trump’s trade threats toward Japan, not to mention tweets slamming the automaker for building a new plant in Mexico. Yet when the U.S. actually imposed tariffs on aluminum and steel imports […]
Hedge Funds Watch The Trade War Amid Growing Skepticism Over The Possibility Of A Resolution
(Opalesque) How much longer can the trade war go on? Market observers are starting to raise concerns about potential impacts to the market if the trade war, which is now in its fourteenth month continues without a resolution. James McCormack, […]
The Rise of Hedge Fund Coinvestments
(Harvest) While co-investing has been a staple of the private equity industry for many years, it is a more recent and growing trend in the hedge fund industry. We believe that hedge fund co-investments are an important tool to increase […]
The High Yield Bond Market is the Best Parallel to Crypto
(Harvest) There are a myriad of issues preventing established investors from entering the digital assets space, like market illiquidity, price discovery issues, underlying valuations, and lack of infrastructure. But these same issues are seen in other asset classes as well. […]
Ray Dalio, David Rubenstein and Marc Lasry to headline second annual Greenwich Economic Forum
(Opalesque)The Greenwich Economic Forum (GEF) announced that its annual event will be taking place at the Delamar Greenwich Harbor Hotel on November 5-6, 2019. GEF will once again gather an elite group of leaders from global finance, business, government, media, […]
Boaz Weinstein’s Hedge Fund Sues BlackRock Funds Over Board Elections
(Bloomberg) Boaz Weinstein’s hedge fund sued BlackRock Advisors, saying the asset manager has prevented outsiders from gaining board seats at several of its funds. To read this article: