Category Archives: Syndicated
Coatue may lead $120 mn funding in Faasos parent
(Reuters) New York-based technology hedge fund Coatue Management is in talks to lead a $120 million funding round in Mumbai-based Rebel Foods, best known for its Faasos brand of cloud kitchens, said three people aware of the matter on the […]
Trade Jitters Kill Global Crude’s Longest Bull Run Since 2011
(Bloomberg) The U.S. and China have just killed the longest run of bets on a global oil rally since 2011. To read this article:
Harvard-Linked Cambridge Square Hedge Fund Set to Shut Down
(Bloomberg) Cambridge Square Capital, a Boston-based hedge fund that has managed money for Harvard University, is shutting down after two years, according to a person familiar with the matter. The firm had about $1.3 billion of regulatory assets under management […]
The Tiny Activist Fund That Reaped 24% Return by Unearthing ‘Cockroaches
(Bloomberg) The stock market’s closing bell has just rung on the third day of short seller Ben Axler’s campaign against Dexcom Inc. in late March, and things are going pretty much according to plan. That’s to say, things are going […]
A Hedge Fund Willing to Share the Downside
(Bloomberg) A fascinating hedge fund experiment is underway in Singapore. To read this article:
Mary D’Souza, Former Managing Director at GE Capital, Joins Star Mountain as a Senior Advisor
(Opalesque) Star Mountain Capital, a specialized investment manager focused exclusively on the large and underserved U.S. lower-middle market, is pleased to announce that longtime personal investor across multiple Star Mountain funds Mary D’Souza has now also become a Star Mountain […]
Gannett Counters the Latest Move by Its Hedge Fund-Backed Rival
(New York Times) Gannett, the owner of USA Today and dozens of other newspapers nationwide, on Thursday won the latest round in its battle with a hedge fund-backed media company intent on buying the chain. The rival company, MediaNews Group, […]
Hedge funds extend positive run in April with 1.21 per cent gain, says BarclayHedge
(Hedgeweek) Hedge funds extended their run of positive returns to four straight months in April, returning 1.21 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge. To read this article:
GPP adds to prime brokerage team
(Hedgeweek) GPP, a prime broking, investor services and wealth solutions firm, has hired Andrew Rae-Moore to join its prime brokerage team. To read this article:
Wilshire Liquid Alternative index up 0.98 per cent in April
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.98 per cent in April, outperforming the 0.66 per cent monthly return of the HFRX Global Hedge Fund Index. […]
Jana Sells Stakes Worth More than $800 Million in Activism Shift
(Bloomberg) Jana Partners, the activist fund run by Barry Rosenstein, sold stakes in 21 companies and built no new positions in the first quarter, months after announcing plans to liquidate its passive funds. The total market value of positions that […]
Merger Arbitrage Demonstrates its Ability to Deliver Positive Returns in Adverse Conditions
(Opalesque) Merger Arbitrage again demonstrated its ability to deliver positive returns in adverse conditions, Lyxor said in its weekly brief. “This is a strategy on which we have maintained an Overweight stance over the recent quarters despite the recent underperformance,” […]