Investment firms have sharply increased the protection they buy to protect against macroeconomic shocks.» Read More
Just days ago, PepsiCo rejected Peltz's call to get it to spin off its slow-growing beverage business from its flourishing snacks division.
BOSTON, Feb 19- Billionaire investor Kenneth Griffin, who started his hedge fund in his dormitory room at Harvard University, is donating $150 million to his alma mater in what will be the largest single gift ever made to the Ivy League school.
Some of the biggest names on Wall Street are quietly preparing to do battle over elections this year.
BOSTON, Feb 18- Hedge fund industry assets are expected to reach a record $3 trillion by year's end as investors plan to add fresh money, saying they were generally happy with last year's returns and don't expect bigger gains this year, a new survey shows.
The CEO of a $5 billion hedge fund can expect to make between $7 million and $10 million if the fund returns just 10 percent.
NEW YORK, Feb 14- E-commerce auction house eBay Inc became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.
Feb 12- The activist investor squaring off with Cliffs Natural Resources Inc named its preferred candidate for chief executive officer on Wednesday and said it plans to nominate enough new directors to form a majority of the iron ore miner's board.
LONDON, Feb 11- Brevan Howard, one of the world's biggest hedge fund managers, is to shut its $2.3 billion emerging markets portfolio after a bout of poor performance, a source familiar with the matter told Reuters on Tuesday.
Private equity firm KKR & Co said it would acquire National Vision from buyout firm Berkshire Partners in a deal worth nearly $1 billion.
Legally troubled hedge fund manager Phil Falcone officially has help to salvage his once-$23 billion Harbinger Capital Partners.
BOSTON, Feb 6- Och-Ziff Capital Management Group LLC on Thursday reported a sharply higher quarterly profit that beat Wall Street analysts' forecasts after stronger returns at its hedge fund portfolios boosted the company's incentive fee income.
BOSTON, Jan 31- Billionaire hedge fund investor Daniel Loeb will be losing Rhode Island as a client after the state's pension fund found his Third Point LLC too risky for its taste and decided to pull out all of its money.
BOSTON, Jan 31- Billionaire hedge fund investor Daniel Loeb will be losing Rhode Island as a client after the state's pension fund found his Third Point LLC too risky for its taste and decided to pull all of its money out.
HONG KONG, Jan 30- Segantii Capital Management, one of Asia's fastest growing hedge funds, has been hit by five resignations in the last few weeks, people with knowledge of the matter told Reuters, after the firm saw its first annual loss.
HONG KONG, Jan 30- Segantii Capital Management, one of Asia's fastest growing hedge funds, has been hit by five recent resignations, people with knowledge of the matter told Reuters, after the firm saw its first annual loss.
A rising hedge fund star has made a big bet on Chinese e-commerce site Alibaba, believing the company will be worth at least $200 billion.
Jan 28- A New York- based hedge fund is pushing Cliffs Natural Resources Inc to spin off its "riskier" international operations after the U.S.-based producer of iron ore was the second-worst performing stock in the S&P 500 Index last year.
A Washington-based alternative asset manager has made its second investment from its Carlyle Sub-Saharan Africa Fund.
Jan 24- Natural gas was the biggest gainer among commodities last year but the hedge fund that has historically led gains in the space had its first losing year, and many others were down double-digits after being on the wrong side of the market.