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Hedge Funds Private Equity and Hedge Funds

  • NEW YORK, April 25- Hedge fund critics are becoming increasingly vocal about the $3 trillion industry, arguing that it produces mediocre returns for clients while enriching managers with exorbitant fees. But despite some image problems the industry is actually healthy, according to Simon Lorne, vice chairman and chief legal officer of Millennium Management...

  • April 25- Activist hedge fund Elliott Management on Tuesday issued a fresh letter to specialty metals maker Arconic Inc's shareholders, urging them to elect all of its four shareholder nominees to Arconic's board. Elliott's latest pressure comes a day after Arconic said it was willing to nominate two of Elliott's director nominees to its board.

  • April 25- Hyland Software Inc, a U.S. business software company owned by buyout firm Thoma Bravo LLC, is nearing a deal to acquire the software division of printer maker Lexmark International Inc for nearly $1.5 billion, according to people familiar with the matter. The deal would bring Lexmark's owners, China's Apex Technology Co Ltd and PAG Asia Capital, closer...

  • In one example of a change in strategy, Neuberger Berman sounded out hedge funds about investing in Whole Foods Market and pressing for change.

  • LONDON, April 24- Hedge funds have tempered their bullishness towards crude oil as the short-covering rally that gripped the market since the end of March ran its course. Hedge funds and other money managers increased their net long position in the three major futures and options contracts linked to Brent and WTI by 8 million barrels in the week to April 18.

  • Arconic announced on Monday that after last week's resignation of its chief executive and chairman, Klaus Kleinfeld, it was postponing its annual meeting from May 16 to an unspecified day at the end of the month. Kleinfeld resigned after sending a letter to Elliott founder Paul Singer this month that Arconic's board did not approve and that the hedge fund...

  • Arconic announced on Monday that after last week's resignation of its CEO and Chairman, Klaus Kleinfeld, it was postponing its annual meeting from May 16 to an unspecified day at the end of the month. Kleinfeld resigned after sending a letter to Elliott founder Paul Singer this month that Arconic's board did not approve and that the hedge fund deemed...

  • April 24- U.S. specialty metals maker Arconic Inc said on Monday it was willing to nominate two of activist hedge fund Elliott Management's director nominees to its board, in a bid to resolve a long-drawn proxy contest.

  • NEW YORK— Hewlett Packard Enterprise says Klaus Kleinfeld, who was ousted as chairman and CEO of Arconic after sending a threatening letter to that company's largest shareholder, resigned from its board of directors. He resigned from Morgan Stanley's board Friday. Last week the hedge fund Elliott Management, which pushed Arconic to replace Kleinfeld for...

  • LONDON, April 24- Hedge funds have tempered their bullishness towards crude oil as the short-covering rally that gripped the market since the end of March ran its course. Hedge funds and other money managers increased their net long position in the three major futures and options contracts linked to Brent and WTI by 8 million barrels in the week to April 18.

  • By April 18, fund managers had accumulated a net position equivalent to 3,511 billion cubic feet, the highest for three years, according to data published by U.S. Commodity Futures Trading Commission. Futures prices for gas delivered to Henry Hub in June 2017 have fallen from a recent high of $3.33 per million British thermal units on April 7 to $3.19 on April 21.

  • Cramer Remix: This one investing strategy has never failed

    Jim Cramer has relied on this post-earnings investment since his days at Goldman Sachs and he’s still relying on it today.

  • Cramer: Why hedge funds drive me crazy

    Jim Cramer explains why big-name fund managers do not give the best stock-picking advice.

  • Jim Cramer on "Mad Money"

    Jim Cramer has relied on this post-earnings investment since his days at Goldman Sachs and he’s still relying on it today.

  • CNBC Mad Money Lightning Round

    Jim Cramer flies through his take on caller favorite stocks, including this struggling drugmaker.

  • George Soros

    Jim Cramer explains why big-name fund managers do not give the best stock-picking advice.

  • NEW YORK— Klaus Kleinfeld, who was ousted as CEO of Arconic after sending a threatening letter to the company's largest shareholder, has resigned from the board of directors of Morgan Stanley. Arconic announced Kleinfeld's exit Monday. The hedge fund Elliott Management, which for months pushed Arconic to replace Kleinfeld, published a letter it said Kleinfeld...

  • April 21- U.S. private equity firm KKR& Co LP and Japanese government-backed fund, Innovation Network Corp of Japan, will submit a joint offer for Toshiba Corp's memory chip unit, the Nikkei business daily reported on Friday. INCJ could invest in the Toshiba business if it made sense, Japan's industry and trade minister had said on Wednesday. Toshiba has narrowed...

  • Hedge fund managers and investors at the Context NYC event.

    In the current industry environment, hedge funds need to make capital-raising more efficient.

  • The divestiture would represent a key step by GE to focus on its core businesses and improve its operational performance, amid pressure from Nelson Peltz's activist hedge fund Trian Fund Management. Private equity firms, including KKR& Co LP, Clayton Dubilier& Rice LLC, Warburg Pincus LLC and Onex Corp, are also in the running, according to the sources.