Tag Archives: alignment

Hedge funds forced to adapt or die

International Herald Tribune – The mergers and acquisitions business is about to take a deep dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling […]

Funds Flee Morgan, Goldman for JPMorgan

New York Post – The JPMorgan Chase CEO is seeing the coffers of the bank he runs being filled with "billions of dollars a day" coming from hedge funds that have pulled their cash from Morgan Stanley and Goldman Sachs, […]

Hedge Fund Rebukes Republic Services

Wall Street Journal – Hedge fund Elliott Associates LP made public a letter to Republic Services Inc. in which it said the company’s board wasn’t doing its duty by fully considering the raised $6.73 billion takeover bid from Waste Management […]

Fortis winds down three hedge funds

Fortis has closed three small hedge funds in the aftermath of its acquisition of part of ABN Amro and merger of the Belgian and Dutch banks’ asset management operations, according to a report in the Financial Times. The Fortis European […]

Biden’s Son In Fund Suit

New York Post – Hedge fund executive Hunter Biden has had anything but a quiet introduction to his career in finance. The 38-year-old son of Democratic vice presidential candidate Sen. Joe Biden is caught up in several lawsuits regarding the […]

Tokio Marine to buy Philadelphia Cons

Reuters Tokyo- Tokio Marine Holdings Inc plans to buy non-life insurer Philadelphia Consolidated Holding Corp for about $4.7 billion (2.4 billion pounds), in the largest acquisition by a Japanese financial firm in the United States. Tokio Marine, Japan’s largest non-life […]

Legendary investor Templeton dies

Reuters- John Templeton, a pioneering mutual fund manager, global investor and billionaire philanthropist, died of pneumonia in a hospital in the Bahamas on Tuesday, a spokeswoman at his foundation said. He was 95. Templeton, who started his career on Wall […]

Blackstone, GSO Capital Partners acquire stake in Crestwood Midstream Partners

RTT News- Pipeline company Crestwood Midstream Partners LLC said Wednesday that Blackstone Group and its hedge fund GSO Capital Partners L.P. have acquired ownership interests in the company. Houston, Texas-based Crestwood noted that as part of the deal, Blackstone and […]

AdultVest Hedge Fund Acquires iPorn

West Palm Beach (HedgeCo.Net)- Francis Koenig, Chairman of AdultVest Inc., announced the acquisition of iPorn.com. The acquisition coincides with the firm’s online marketplace topping $7 Billion in available capital for adult industry related investments. "We are very excited about the […]