Private Equity


  • BOSTON, Sept 17- Despite the recent rebuke of hedge funds by the influential California Public Employees' Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show.

  • Sacramento- based Calpers said on Monday it was pulling about $4 billion from a total of 30 hedge funds it was invested in under its Absolute Return Strategies portfolio, citing costs and difficulty in maintaining the program. BlueTrend, owned by U.K.- based BlueCrest Capital Management, could not immediately be reached for comment.

  • Calpers exit could heap pressure on hedge fund fees Tuesday, 16 Sep 2014 | 5:07 PM ET

    BOSTON, Sept 16- The California Public Employees Retirement System handed fellow U.S. pension funds a hefty club to beat down hedge fund fees and demand better returns this week when it voted to pull out of hedge funds entirely, investors said.

  • Sears takes $400M loan from Lampert's hedge fund Tuesday, 16 Sep 2014 | 7:47 AM ET

    NEW YORK— Sears is taking out a $400 million secured short-term loan from a hedge fund run by CEO Edward Lampert. The Hoffman Estates, Illinois, company, which runs Sears and Kmart stores, said in a regulatory filing that the loan is from entities affiliated with Lampert's ESL Investments Inc..

  • Sept 15- The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated.

  • Sept 15- Calpers, the largest U.S. pension system, said on Monday it has scrapped its hedge fund program and will pull about $4 billion in its investments from 30 such funds.

  • Sept 11- Billionaire investor Carl Icahn's son, Brett Icahn, has scrapped plans to start his own hedge fund firm and will continue staying with his father's firm, a source familiar with the situation told Reuters on Thursday.

  • BOSTON, Sept 8- Hedge funds had their best month since February when they reported a 1.56 percent rise in August, according to data released on Monday, on a mix of corporate deals and strong company earnings that helped push the stock market higher.

  • Walgreen adds activist hedge fund founder to board Monday, 8 Sep 2014 | 7:39 AM ET

    Walgreen has named Jana Partners founder Barry Rosenstein to its board, and the activist investor will get a say in choosing at least one additional director for the nation's largest drugstore chain.

  • Blackstone exec: US soccer a great investment Thursday, 4 Sep 2014 | 1:25 PM ET
    Peter Cohen of Blackstone Advisory Partners.

    A senior executive at Blackstone thinks big money investors can make piles of cash by betting on the growth of soccer in the U.S.

  • Team owners have 'moral' obligation: Bucks chief Thursday, 4 Sep 2014 | 12:03 PM ET
    Marc Lasry

    Billionaire investors Marc Lasry and Josh Harris say the sports teams they own are no strip and flip play.

  • Singapore GIC gives PE firms a run for their money Wednesday, 3 Sep 2014 | 7:14 PM ET
    An employee is silhouetted against the logo for the Government of Singapore Investment Corp. (GIC) during GIC's staff conference, in Singapore.

    Singapore's GIC is taking the unusual step of investing directly in unlisted firms as low yields spur fund managers to adopt a more hands-on attitude.

  • Hedge fund grows despite tepid returns, bad press Wednesday, 3 Sep 2014 | 2:47 PM ET
    Dan Och

    For some observers, 2014 has tested Och-Ziff's conservative reputation but many analysts are still bullish on the hedge fund firm's prospects.

  • Oaktree fund betting big on economic downturn Tuesday, 2 Sep 2014 | 12:31 PM ET
    Howard Stanley Marks

    A major investment firm is getting ready for the next market downturn by seeking to raise a massive pool of capital for distressed bets.

  • NEW YORK, Aug 29- Some hedge funds seem to have missed out on this week's big rally in U.S. natural gas, cutting bullish bets on the fuel before prices hit six-week highs, government data suggested on Friday.

  • 1 percenters bullish despite 'failed' Obama: Wien Friday, 29 Aug 2014 | 10:54 AM ET
    Byron Wien

    Some of the most powerful members of the business and investing community think the American economy is going to be just fine.

  • Looking for market volatility? Here are 'TIPS' Thursday, 28 Aug 2014 | 11:02 PM ET

    Equity, commodity and currency markets are experiencing low volatility, but one market variable stands out in the seemingly stable environment.

  • Ebola a long term 'blip' for Africa investors Wednesday, 27 Aug 2014 | 12:45 PM ET
    A nurse wears a special uniform to be protected from the Ebola virus at a state hospital in Kenema, Sierra Leone, in August 2014.

    American investors aren't panicked about the re-emergence of Ebola in Africa, at least in the long term.

  • RIO DE JANEIRO, Aug 27- Brazilian presidential candidate Aecio Neves said on Wednesday hedge fund founder and former central bank chief Arminio Fraga would be his finance minister if he wins an Oct. 5 election.

  • *Rokos suing Brevan Howard to overturn non-compete agreement. *Brevan Howard says Rokos seeks to avoid "responsibilities". Rokos's surname is represented by the letter R in Brevan Howard and he was marketed by the firm as a "star trader" who was paid $900 million during his stint at the hedge fund.