Monthly Archives: January 2018

(Bloomberg) BlockTower Capital, a digital currency hedge fund launched in August, raised $140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter.The money manager, […]

(Reuters) Global distressed-debt specialists are stepping up their dealmaking in China after a decade, betting that the country is becoming serious about developing a market to tackle its $256 billion of official non-performing loans (NPLs).Groups such as Blackstone Group LP […]

(Bloomberg) Billionaire investor Peter Thiel is exploring starting a conservative news outlet, with backing from the powerful Mercer family and a cast of Fox News celebrities, according to revelations in a new book and a report from BuzzFeed News. Last […]

(Bloomberg) They’ve lost in court. They’ve been rebuffed by government agencies. Now, the fates of hedge funds and other investors in mortgage-finance giants Fannie Mae and Freddie Mac could lie with an old adversary: the U.S. Congress.Whether shareholders make a […]

(Bloomberg) Spotify AB has filed confidentially with the Securities and Exchange Commission to go public via a direct listing, in which it won’t sell shares in an initial public offering but will instead just one day declare that it is […]

(Opalesque) Matthias Knab, Opalesque for New Managers: Hong Kong based Disciplina Asset Management announced the launch of a new systematic Asian focused hedge fund. The fund, employing a quantitative equity market neutral strategy, aims to deliver high risk adjusted returns […]

(Harvest) There were some trend surprises in markets near the end of the year; the upward price movement in both precious and base metals and the weather shock in natural gas market and to a lesser extent oil product markets. […]

(Bloomberg) Two hedge funds tell the up and down story for the industry in 2017. Equity fund Coatue Qualified Partners soared 24 percent on its tech bets while the Caxton Global macro fund dropped 13.4 percent, according to an investor […]

(Harvest) The future, by the time it arrives, is seldom as compelling as when first envisioned.Artificial intelligence (AI), especially as a tool for investment, is undergoing extremely swift technological advancement, even as some would-be adopters are hesitant. Part of that […]

(Bloomberg) India’s market regulator has recommended new tax rules for alternative investment products that would boost the country’s fledgling hedge fund industry. The Securities and Exchange Board of India is seeking “unit-based” taxation for products broadly classified as hedge funds […]

(Reuters) Newly appointed interim U.S. Attorney Geoffrey Berman in Manhattan has tapped Robert Khuzami, formerly director of enforcement for the U.S. Securities and Exchange Commission, to serve as his deputy, Berman’s office announced Friday.Berman and Khuzami worked together as assistant […]

(CNBC) Major technology trends will have knock-on benefits in the Chinese economy, a hedge fund executive predicted on Monday. Cloud computing and artificial intelligence, for instance, “are tremendous trends in which we expect technology breakthroughs to happen. And that will […]