Monthly Archives: January 2015
179 New Hedge Funds Launched At End OF Year
New York (HedgeCo.Net) – 179 new hedge funds launched in 3Q 2014, an increase from Q2 of 11% hedge fund research shows. North America-based hedge fund managers represented a significant rise in the proportion of total hedge fund launches in the last quarter, […]
The Best Long Bets Made By Major Hedge Funds In 2014
ValueWalk – This has not been an easy year for hedge funds. The most popular hedge fund strategy, long/short equity, which usually churns out an above average gain every year, was not a winner this year. HFRX Equity Hedge Index […]
$40 Million Goes To Hedge Fund In Credit Suisse Case
New York (HedgeCo.Net) – Dallas hedge fund Highland Capital Management has won a $40 million payout from Credit Suisse, the Wall Street Journal reports, after proving that Credit Suisse AG duped the hedge fund into refinancing a shaky real-estate development. “They were […]
Hedge Fund Manager Buys Arizona Coyotes
New York (HedgeCo.Net) – Hedge fund manager Andrew Barroway has bought a 51% stake in the Arizona Coyotes NHL hockey team. Making him the majority owner of the team. Approved by the NHL Board of Governors on December 31, 2014, […]
Hedge fund sells stake in Houston oil field lodging provider
Huston Chronicle – The activist hedge fund that first pushed for the spinoff of oil field lodgings provider Civeo Corp. has jettisoned its entire $51 million stake in the company after Civeo’s gloomy prediction of fewer inhabitants in the oil […]
Investors eye 2015 with big appetite for hedge funds
Reuters – Wealthy investors are poised to put at least $90 billion into hedge funds next year, even after returns have largely been lackluster this year, research firm eVestment said on Tuesday. Fresh demand from pension funds, endowments, and insurers […]
Hedge Fund Jana Partners Dumps Plunging Civeo Shares After Winning Board Seats In October Comment Now Follow Comments
Forbes – Barry Rosenstein-run Jana Partners has sold all of its shares in oilfield accommodations specialist Civeo Corporation, the activist hedge fund disclosed in a filing on New Years Eve. That sale comes just over two months after the firm […]
Nigel Farage targets hedge funds as key to Ukip’s financial future
Guardian – Nigel Farage, who has pledged to build a “people’s army” separate from vested interests, has identified hedge funds and their owners as crucial to Ukip’s financial future. A leaked internal report shows the party’s leader argued that “the […]
Hedge Fund People: New York REIT Appoints Michael Happel as CEO
New York (HedgeCo.Net) – New York REIT, Inc., a publicly traded real estate investment trust, announced that its Board of Directors has appointed Michael Happel, the Company’s President, to the role of Chief Executive Officer. Happel, formerly of multi-billion dollar […]
Cohen Trading Strategy a ‘Dangerous’ Topic, Judge Says
Bloomberg – The judge in Mathew Martoma’s insider-trading trial warned his lawyers against questions tied to Steven Cohen’s trading strategies, saying it could open the case to a wider probe of the SAC Capital Advisors LP founder. “General questions about how Steve Cohen […]
Hedge Fund Launch: Humanitarianism Through Capitalism
New York (HedgeCo.Net) – Food Fund Advisors is rolling out of the U.S. Food Fund, LLC, a hedge fund with the investment goal of “Humanitarianism Through Capitalism”. The USFF has multiple main purposes, as stated in its investment goal of […]