Monthly Archives: January 2020
Percentage of female Partners at private equity firms and hedge funds remains unchanged in the last year
(Hedgeweek) The percentage of female partners of private equity firms and hedge funds and other financial services partnerships has stuck at just 14 per cent for the third year in a row, says employment and partnership law specialists Fox & […]
Investors redeem more from active long only than hedge funds:
(Opalesque) The global hedge fund industry saw outflows of -$97.93 billion in 2019, according to the just-released December/Year-End 2019 eVestment Hedge Fund Asset Flows report. Despite these redemptions, total hedge fund industry AUM rose past $3.3 trillion at the end […]
Funds took a break from selling oil – until coronavirus concerns escalated
(Reuters) – Hedge funds and other portfolio managers made few changes to their petroleum positions in the seven days ending on Jan. 21, taking a break from heavy selling the previous week. To read this article:
ISS recommends against Instructure’s proposed sale to Thoma Bravo
(Reuters) – Four investment firms opposing the sale of U.S. educational software company Instructure Inc (INST.N) to private equity firm Thoma Bravo picked up support on Monday when an influential proxy advisory firm came out against the planned all-cash deal […]
Valaris settles with Luminus, hands board seat to hedge fund
(Reuters) – Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners to its board. Luminus’ Adam Weitzman, an expert in offshore oil drilling who […]
Husband and Wife Charged in Alleged Nearly $1 Billion Ponzi Scheme
(HedgeCo.Net) A California-based couple has been charged with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits. According to the SEC’s complaint, Jeffrey and Paulette Carpoff raised approximately $910 million from 17 investors between 2011 and 2018 by […]
Seth Klarman passionately defends value investing and said its time is coming again soon
(CNBC) Billionaire hedge fund manager Seth Klarman defended value investing, saying in a letter to clients that several factors, including the proliferation of passive investing, have created market mispricings that will soon lead to a payoff for the long underperforming […]
Alternative data sets … quality is the challenge, not quantity
(Hedgeweek) There are an estimated 445 alternative data providers in the funds industry, serving the needs of both traditional and alternative fund managers. This is, according to alternativedata.org, an industry that is projected to be worth $350 Billion in 2020. […]
Hedge fund billionaire Glenn Dubin retires from industry after 40 years
(Reuters) – Glenn Dubin, who made a fortune building and managing hedge funds, is retiring from the industry after 40 years to focus on private investments, the billionaire investor said. To read this article:
Mega-funds push private equity fundraising to $301bn in 2019, up 52%
(Opalesque) 2019 saw record private equity fundraising with mega PEs and tech-focused PEs attracting the lion’s share of capital, said a study. Mega-funds dominated the PE space in 2019, pushing up fundraising to $301 billion for a 52% gain compared […]
Highest inflows in equity UCITS since February 2018 signal investors’ return to confidence
(Opalesque) The European Fund and Asset Management Association (EFAMA) has published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for November 2019. To read this article:
SS&C GlobeOp Forward Redemption Indicator at 2.26 per cent in January
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for January 2020 measured 2.26 per cent, down from 4.95 per cent in December. To read this article: