NEW YORK- ARGENTINA'S KICILLOF SAYS HEDGE FUNDS REJECTED ARGENTINA'S OFFER.» Read More
Argentina faces a race against time on Wednesday as its deadline to strike a deal and avert a second default in 12 years approaches.
CLEVELAND, July 29- Casablanca Capital triumphed on Tuesday in its proxy battle with miner Cliffs Natural Resources Inc, preliminary estimates show, putting the hedge fund in a position to replace Cliffs' chief executive and sell off underperforming assets.
Paul Singer has called the threat of a widespread blackout from an electromagnetic surge the "most significant danger" in the world.
Argentina could be back in the economic doldrums if it defaults on Wednesday, a key player in its 2010 debt restructuring told CNBC.
BOSTON, July 29- Hedge fund Elliott Management told investors that it added to its stake in Juniper Networks last quarter and sees opportunities in real estate securities in Europe, but it said little about two positions making headlines-- Argentina and EMC Corp..
Billionaire investor Paul Singer also warns of a scenario of "real class warfare."
NEW YORK, July 29- Awas, the aircraft leasing company owned by British private equity firm Terra Firma, is working on a break-up that could value the Dublin- based lessor at roughly $13 billion, according to people familiar with the matter.
July 29- Waste Management Inc said it would sell its waste-to-energy unit to private equity firm Energy Capital Partners for $1.94 billion in cash, to focus on its larger solid waste business.
July 29- Waste Management Inc said it would sell its waste-to-energy unit to private equity firm Energy Capital Partners for $1.94 billion in cash.
NEW YORK, July 28- Private equity firm CVC Capital Partners Ltd has emerged as the front runner to acquire Epicor Software Corp in a deal that could value the business software company at more than $3 billion, including debt, according to people familiar with the matter.
Argentina will likely default on its debt for the third time in 28 years on Wednesday, which could cost U.S. hedge funds millions.
JPMorgan found the perfect suitor for a big book of loans it had made around the world but wanted to get rid of: Bain Capital.
Branson, whose investment in the airline is restricted by U.S. foreign investment rules, owns a 22 percent stake in Virgin America through the Virgin Group and a hedge fund.
The rich are increasingly enamored with private equity investing after a decade of strong returns.
July 28- Virgin America Inc, the low-cost airline partly owned by Richard Branson, filed for an initial public offering of shares as it looks to expand in the recovering U.S. airline market. Branson owns a 22 percent stake in Virgin America through the Virgin Group and a hedge fund.
As regulatory regimes go, oversight of broker-dealers is much stricter than it is for investment advisers.
Greenlight Capital, David Einhorn's hedge fund firm, gained 7.9 percent in the second quarter, according to a letter sent to investors Friday.
The S&P 500, considered to be the a leading indicator of U.S. equities, is flawed, according to one of the U.K.'s most successful hedge fund managers.
BOSTON, July 24- Billionaire investor Kenneth Griffin, who oversees $20 billion at hedge fund Citadel LLC, filed for divorce from his wife citing "irreconcilable differences," according to court filings seen by Reuters on Thursday.
Ken Griffin, the billionaire founder of investment firm Citadel, has filed for divorce from his wife and fellow hedge fund manager Anne Dias Griffin.