Howard Marks thinks that the drop in oil prices could finally expose low lending standards and provide better value in the markets.» Read More
NEW YORK, Oct 2- Managers of equity long/short funds cut their net exposure in September, a month during which markets pulled back on a rising dollar and questions over the timing of the Federal Reserve's next rate hike, Credit Suisse wrote in a note. Short hedge funds returned an average of 5.9 percent through September, Credit Suisse wrote, on pace for 490 basis...
LONDON/ BOSTON, Oct 1- Goldman Sachs Group Inc has bought a 10 percent stake in hedge fund Caxton Associates, its third investment for its recently launched Petershill II fund, two sources familiar with the move said on Wednesday. Caxton and Goldman Sachs were not immediately available for comment. In addition to Caxton, Goldman Sachs has made investments with...
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.
BOSTON, Sept 30- Third Point LLC, the hedge fund run by Daniel Loeb that is known for pushing companies to perform better, has taken a "significant" stake in eBay Inc and has had discussions with its chief executive officer, a source familiar with the matter said on Tuesday.
BOSTON, Sept 30- Hedge fund manager Daniel Loeb's Third Point LLC has taken a "significant" stake in online marketplace EBay Inc and had discussions with its chief executive officer, a source familiar with the matter said on Tuesday. The company announced earlier on Tuesday that it agreed to spin off its PayPal unit.
Bank of America Corp was recently questioned by U.S. regulators about the potential legal and reputational risks from the maneuver, the newspaper said, citing a spokesman for the Federal Reserve Bank of Richmond.
Erik Hirsch, CIO of Hamilton Lane, says the pharmaceutical sector is an interesting opportunity for private equity.
Erik Hirsch, CIO of Hamilton Lane, says private equity needs to be more transparent about how it goes about its business.
Tony James, president and COO of Blackstone, is disputing a recent published report that the $279 billion private equity group was "giving up on Russia."
Carl Icahn is mulling whether to infuse the Trump Taj Mahal with $100 million, but only with a specific set of caveats, the New York Post reports.
While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.
NEW YORK, Sept 19- Merrill Lynch fired two veteran brokers from its Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm.
NEW YORK, Sept 19- Merrill Lynch summarily fired two veteran brokers from its elite Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm.
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.
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.
Some of the names on the move ahead of the open.
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.