Maneet Ahuja is CNBC’s Hedge Fund Specialist and a producer on “Squawk Box.” In 2011, she co-created and developed the network's "Delivering Alpha" hedge-fund summit in conjunction with Institutional Investor and was awarded CNBC’s prestigious Enterprise Award in 2009 for her groundbreaking coverage of the industry. Noteworthy work includes hedge-fund titan David Tepper's first-ever TV appearance, sparking a 2-week "Tepper Rally" in the markets, David Einhorn's warning call on Lehman Brothers as well as his bid to purchase the Mets, and John Paulson's letter to investors in response to the SEC investigation into the Goldman Abacus deal. Prior to joining CNBC in 2008, she was a part of the Wall Street Journal’s Money and Investing team. She began her career on Wall Street in 2002 at age 17 in Citigroup’s Corporate and Investment Banking division as a credit risk analyst.
She is one of Forbes magazine’s 30 Under 30 (January 2012), has been featured in Elle magazine's annual Genius issue (April 2011) and in 2010, was nominated for Crain’s NY Business Forty Under 40 Rising Stars. She is also author of the book, "The Alpha Masters" (Wiley 2012).
John Paulson, who manages the $31 billion Paulson & Co. fund, has made a "stalking horse" bid of $42.4 million to acquire the assets of Engle Homes, which includes land and lots in Arizona targeted for more than 8,000 homes, and nine completed residences.
John Paulson, who made $15 billion shorting the housing market, told investors in a conference call on Monday that he expects housing prices to rise between 3 percent and 5 percent this year and another 8 to 12 percent in 2011.
Hedge fund firm Paulson & Co. said its role in the collateralized debt obligations sold by Goldman Sachs was "appropriate and conducted in good faith," according to a company letter sent to investors and obtained by CNBC.
As the financial crisis causes more banks to fail, the cash-strapped FDIC may be forced to back away from its longstanding policy of preventing hedge funds from buying banks.
Many of the hedge fund industry's chief prime brokers, including Bank of America, Deutsche Bank, Goldman Sachs and J.P. Morgan Chase, are warning their biggest hedge fund clients that trading costs for credit default swaps will go up significantly if the government requires the trades to go through central clearing houses, according to sources familiar with the matter.
The head of Masters Capital Management blew the whistle on oil speculators last year when he testified before Congress regarding the rapid run-up in oil prices as it reached its record high of $145 a barrel. Now he's testifying before the CFTC in favor of regulation.