Category Archives: HedgeCoVest News
Hedge Fund Designed to Benefit from Volatility Blows Up Due to Volatility
New York (HedgeCo.net) – Spruce Alpha was a hedge fund that used a complicated strategy that was designed to benefit from volatility in the market, but in the end the extreme volatility experienced in August led to the collapse of […]
Luxembourg-Based Hedge Fund Continues Trend for 2015
New York (HedgeCo.net) – Luxembourg-based hedge fund Chenavari Investment Managers joined the ranks of some other highly regarded hedge funds by selling a stake in the company to alternative investment firms. In the case of Chenavari, they sold a 10% […]
Massive Sell-Off in Biotech Hits Hedge Funds
New York (HedgeCo.net) – Over the last eight trading sessions, the NYSE Arca Biotech Index has lost 18.74% which is an incredible short-term decline for an index. Yes the overall market is down over the same time period, but only […]
Bain Shutting Down Fund After Three Plus Years of Losses
New York (HedgeCo.net) – In what is becoming somewhat of a trend, a major firm is shutting down one of their hedge funds due to poor performance. Bloomberg reported yesterday that Bain Capital is shutting down its Absolute Return Capital […]
Aventis Names Head of Business Development
New York (HedgeCo.net) Aventis Asset Management, LLC (Aventis), a Chicago-based commodity hedge fund, has hired Keith Byers as Managing Director Business Development. Byers will responsible for the strategic planning and implementation of all Business Development efforts for Aventis. Byers brings […]
Fortress Warns of Emerging Market Bear
New York (HedgeCo.net) – Fortress Investment Group has been making a lot of news in recent months, but most of the news has been about the performance of their funds and departures of personnel, but they are making some news […]
Nelson Peltz and Trian Make $2.5 Billion Investment in GE
New York (HedgeCo.net) – One of the largest activist hedge funds in the world has taken a $2.5 billion stake in General Electric. The Trian Fund, which is run by Nelson Peltz, announced the deal on Monday and that sent […]
Hedge Funds Could Be Looking at Worst Year Since 2011
New York (HedgeCo.net) – With the market decline over the last few months and with biotech and pharmaceutical stocks getting hit hard in the third quarter, the hedge fund industry could be looking at it first losing year since 2011 […]
Bearishness Toward Gold Trending Down
New York (HedgeCo.net) – Over the last two weeks, the Commitment of Traders report for gold has shown that large speculators have become less bearish on the metal. You will note that we said less bearish, not necessarily more bullish. […]
Greenlight Capital Continues to Struggle
New York (HedgeCo.net) – Through the first three quarters, 2015 has been a rough one for David Einhorn and Greenlight Capital. According to a Reuter’s report, the fund was down another 3.6 percent in the month of September and that […]
Kyle Bass Is Likely Enjoying the Last Few Weeks
New York (HedgeCo.net) – He has been called many names by pharmaceutical and biotech companies, one of which is “patent troll”, but Kyle Bass has to be enjoying what has taken place in the last few weeks. First and foremost, […]
Genstar Capital and Aquiline Capital Acquire Ascensus
New York (HedgeCo.net) Genstar Capital, a San Francisco-based middle-market private equity firm, and Aquiline Capital Partners, a New York-based private equity firm investing in financial services, announced today that they have entered into a definitive agreement to acquire Ascensus, Inc. […]