Investment firms have sharply increased the protection they buy to protect against macroeconomic shocks.» Read More
For backing the right horse, four hedge funds stood to gain up to a third of the refund, which the FDIC said in court documents could amount to a return of 1,000 percent on what they spent on legal fees. The four funds are Alden Global Capital, Davidson Kempner Capital Management, Halcyon Asset Management and Farallon Capital Management.
Oct 8- A hedge fund manager at the center of Argentina's battle over its 2002 debt default told CNBC on Tuesday that a settlement would boost foreign investment in the country.
Oct 8- D.E. Shaw is closing its doors to new clients, joining other large hedge funds that have stopped accepting cash into their flagship funds, the Financial Times reported on Monday. D.E. Shaw could not immediately be reached for comment by Reuters outside of regular U.S. business hours.
BOSTON/ NEW YORK, Oct 7- Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity& Guaranty Life Insurance, a unit of his firm, New York officials said on Monday.
BOSTON, Oct 7- Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity& Guaranty Life Insurance, a unit of his firm, New York officials said on Monday.
BOSTON, Oct 7- Hedge fund manager John Paulson, who made billions on the housing market and gold a few years ago, extended this year's gains in September, when his biggest portfolios were all up, leaving them with double-digit gains for the year, a person familiar with the numbers said on Monday.
ATHENS, Oct 7- Funds run by billionaire investor John Paulson see Greece's recapitalised banking sector as an attractive investment play on the country's recovery after a deep six-year slump.
Sept 30- Activist hedge fund Clinton Group has upped its stake in Nutrisystem Inc to 5.2 percent, calling the weight loss product company's stock undervalued and asking for an increase in dividend, according to a filing on Monday.
Event software maker Active Network said it would be acquired by Vista Equity Partners for about $1.05 billion.
LONDON/ PARIS, Sept 30- Hedge funds' negative bets on European shares have tumbled to a level not seen since before the global financial crisis began in 2007, signalling their strongest conviction for years that the market will rise further.
"We are in the middle of an epic credit bubble...the likes of which I haven't seen in my career," said Blackstone's global head of private equity.
Erik Hirsch, Hamilton Lane Advisors chief investment officer, shares his thoughts on why the private equity environment provides investors advantages during a time of market uncertainty.
BOSTON, Sept 24- Seth Klarman's $28 billion Baupost Group, one of the world's biggest hedge funds, plans to return some money to clients at year's end, two people familiar with the Boston- based firm's plans said.
Catterton Partners, a private equity firm that specializes in consumer brands, has closed two of its funds to new investment.
Chris Ventresca, JPMorgan co-head of global M&A, discusses Verizon's acquisition of Vodafone's stake in its wireless company and reveals where he is seeing the biggest trends in mergers and acquisitions.
"The staff will be closely monitoring and collecting data on this new market to see how it in fact operates... and accessing whether and to what extent changes in the private offerings market may lead to additional fraud or not," SEC Chair Mary Jo White told an advisory panel of experts convened at SEC headquarters on Tuesday.
LONDON, Sept 17- Hedge funds may be making their clients less money than mainstream financial markets, but with their portfolios increasingly seen as a safer, low-volatility option in a tough investment landscape they have more cash to manage than ever.
LONDON, Sept 15- Hedge funds which gambled on how much money would be recovered from the bankrupt carcass of Lehman Brothers are set to make hundreds of millions of pounds from a full payout to creditors of the European arm.
FRANKFURT, Sept 13- Three hedge funds who tendered shares enabling Vodafone to successfully bid for Germany's largest cable firm plan to sue for a better price for their outstanding holdings, three financial sources with knowledge of the matter said on Friday.
Dan Primack, senior editor at Fortune, comments on the upcoming Dell shareholders' vote and how the Icahn opposition has been positive for them and whether the group can still be turned around.