Monthly Archives: January 2015
Hedge-fund murder suspect ‘charmed’ his way out of trouble
NYP – The man accused of killing his millionaire Manhattan dad is straight out of the horror flick “American Psycho’’ — “able to charm .?.?. with his good looks and his waspy background, but behind that, he was dangerous,’’ a […]
Former Deutsche Bank Trader Strikes $50 Million Deal for New Hedge Fund
WSJ – The former head of Deutsche Bank AG ’s residential mortgage-backed securities trading group has struck a deal with Grosvenor Capital Management LP for $50 million in startup cash in exchange for a cut of fees earned from his […]
Hedge Funds: The Good and the Ugly of 2014
Value Walk – Despite a steady bull market, Hedge Funds have collectively struggled during 2014. On average, hedge funds posted returns of just 2% during 2014, compared to the S&P 500’s 2014 gain of over 12%. Since the 2008 recession, […]
Stake in Hedge-Fund Firm Brevan Howard Is for Sale
WSJ – A piece of one of Europe’s largest hedge-fund firms is on the block. Zurich reinsurer Swiss Re is looking to sell its minority stake in Brevan Howard Asset Management LLP, which manages more than $30 billion in several […]
Hollis Park Partners With Multi-Billion Hedge Fund Manager GCM Grosvenor
New York (HedgeCo.Net) – Hollis Park Partners LP, a global structured products investment management firm, today announced a strategic partnership with GCM Grosvenor, one of the oldest and largest global alternative investment managers with more than $47 billion in assets […]
Five Hedge Fund Trends Predicted For 2015
New York (HedgeCo.Net) – Global independent fund administration service company Centaur Fund Services has outlined five trends that they believe will shape the Fund Administration industry in 2015. They revolve around major market changes, regulation, innovation and due diligence. 1. […]
Agecroft Partners’ Top Hedge Fund Industry Trends for 2015
User Contributed News – Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than two thousand institutional investors and hundreds of hedge fund organizations. Because the hedge fund industry is very dynamic and […]
Brevan Howard Passes Management of Hedge Funds To DW Partners
New York (HedgeCo.Net) – Two hedge funds previously managed by Brevan Howard Capital Management, which total more than $5 billion in assets, are now being managed by New York credit-focused multi-strategy asset manager, DW Partners. “This is an exciting day […]
Tudor Is Said to Close Oldest Hedge Fund After 30 Years
Bloomberg – Billionaire Paul Tudor Jones plans to close his oldest hedge fund after 30 years because of the cost of running the fund relative to its size, according to a person familiar with the matter. Jones’s $13 billion hedge-fund […]
Love Him or Hate Him, Bill Ackman Now Runs the World’s Top Hedge Fund
Bloomberg – Lunch was a bit awkward. It was around 1 p.m. on a warm October day in New York. A group of Wall Street investors were tucking into chicken in a red-wine demi-glace and Brussels sprouts at the Plaza […]
Biotech Hedge Fund Founder Shot In New York
New York (HedgeCo.Net) – The founder and managing member of Wainscott Capital Partners was discovered shot to death in his New York apartment over the weekend, police said. The NYPD said that the victim, Thomas Gilbert Sr, was allegedly shot in the […]
Hedge fund robots crushed human rivals in 2014
CNBC – The hedge fund robots are winning again. That’s a key lesson from 2014, when computer algorithm-led investing produced stellar returns, beating most gut-driven human managers and dramatically recovering most of their losses from 2011, 2012 and 2013. Read […]