GO
Loading...

Enter multiple symbols separated by commas

Hedge Funds Private Equity and Hedge Funds

More

  • NEW YORK, Aug 14- Top U.S. hedge funds made bullish bets on the energy sector in the second quarter even as companies' shares began a slide toward multi-year lows on concerns about oversupply, regulatory filings showed on Friday. Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second...

  • NEW YORK, Aug 14- Hedge fund Paulson& Co cut its stake in the gold-backed exchange-traded fund SPDR Gold Trust in the second quarter of 2015, after holding it unchanged for six straight quarters, a filing with the U.S. Securities and Exchange Commission showed on Friday. New York- based Paulson& Co, led by longtime gold bull John Paulson, owned 9.2 million shares worth...

  • BOSTON, Aug 14- Legendary investor Warren Buffett was not the only one to turn sweet on Precision Castparts Corp this summer. Buffett's plan to pay $32.3 billion for the Precision Castparts Corp, announced on Monday, helped push the stock price up nearly 19 percent this week, likely making for a handsome payoff for the funds that took new positions or raised stakes.

  • BOSTON, Aug 14- Top U.S. hedge funds added to their positions in Apple Inc during the second quarter, even as shares of the iPhone maker were flat during the period. Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe Laffont's Coatue Management added 860,000 Apple shares during the three months ended June 30, giving it 8.5...

  • Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second quarter, a period when the S&P 500 energy index lost 2.6 percent. Seth Klarman's Baupost increased its stake in Cheniere Energy by 1.5 million shares over the quarter, leaving it with 15.4 million shares, and raised its bet on Pioneer...

  • Aug 14- Activist investor Nelson Peltz's hedge fund, Trian Partners, has picked up a more than 7 percent stake in Sysco Corp for about $1.6 billion, calling the largest U.S. food distributor's shares "undervalued." Sysco's shares jumped 8.7 percent to a 20- month high of $41.87 in afternoon trading on Friday. Trian, which becomes Sysco's largest shareholder...

  • Aug 14- Activist investor Nelson Peltz's hedge fund, Trian Partners, has picked up a more than 7 percent stake in Sysco Corp, calling the largest U.S. food distributor's shares undervalued.

  • BOSTON, Aug 14- Top U.S. hedge funds added shares of Apple Inc in the second quarter, even as shares of the iPhone maker were flat during the period. Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe Laffont's Coatue Management added about 860,000 shares of the iPhone maker during the three months ended June 30, giving it...

  • Aug 14- Activist investor Sandell Asset Management Corp said Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetizing its real estate holdings. Sandell, which owns about 5.5 percent of the furniture retailer, said the company could be worth about $41 per share with its real estate fetching about $450 million, or $16 per...

  • Aug 14- Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings. Sandell said the company's real estate assets may be worth about $450 million, or about $16 per share. Ethan Allen's shares closed at $30.99 on Thursday on the...

  • A torrent of $44 billion in high-yield debt and share sales in the first half of this year has slowed to a trickle with oil now at just above $42 a barrel, 30 percent below its June levels and 60 percent down from June 2014, and a more pessimistic view taking hold that global oversupply could keep oil cheap for years. "The capital markets showed up in force in the first...

  • U.S. hedge funds FrontFour Capital, Orange Capital and Livermore Partners, as well as Toronto- based West Face Capital, have been the most active. The second quarter was the worst in nearly a decade for Canadian energy M&A, according to Thomson Reuters data. U.S. hedge fund Livermore Partners has pushed for change at Zargon Oil and Gas Ltd, whose shares have lost 74...

  • LONDON, Aug 13- Hong Kong- based Guard Capital is set to join a tiny group of hedge funds managing $1 billion or more in Asia, sources familiar with the matter said, amid increased demand for funds betting on currencies and interest rates. The so-called macro hedge fund was launched by Leland Lim, the former co-head of macro trading for Asia Pacific ex- Japan at Goldman,...

  • NEW YORK, August 13- For Julian Robertson, the 83- year-old billionaire former hedge fund manager, history is repeating itself. Robertson's personal fortune has more than doubled to $3.4 billion since 2000, and his Tiger Management is as strong as ever: the hedge funds he has ownership stakes in now manage more than $30 billion, up from about $20 billion in early...

  • Aug 12- Buyout firm TPG Capital LP is in advanced talks to acquire Ellucian Company LP, in a deal that could value the U.S. provider of software to universities and colleges at $3.5 billion, including debt, people familiar with the matter said. Ellucian's owners, private equity firms Hellman& Friedman LLC and JMI Equity, are in the final stages of negotiating the deal...

  • Celgene Corp has alleged Bass is abusing a process set up to challenge patents by short selling pharmaceutical shares that drop when a patent review is filed. Last month, Celgene, one of the world's largest biotechnology firms, asked the patent office to sanction Bass and others behind the coalition by throwing out its patent challenges. Celgene said Bass' real...

  • Garda is working with investment banks Bank of America Corp, Jefferies LLC and Royal Bank of Canada and is in talks with a small number of private equity firms about a potential deal, according to the people. Montreal- based Garda is owned by private equity firm Apax Partners LLP and its founder Stéphan Crétie, which together took the company private in 2012 for C...

  • STOCKHOLM, Aug 12- Swedish investment group Industrivarden picked its first female CEO and one of the youngest in its 71- year history, the latest appointment in a new guard at the top of one of the country's biggest business empires after a corporate spending scandal. The choice of private equity executive Helena Stjernholm, 45, announced on Wednesday, signals...

  • *Firm also includes ex- Goldman Sachs trader Stuart Riley. LONDON/ BOSTON, Aug 12- A former top Brevan Howard trader is courting investors for a hedge fund launch which promises to be among the biggest in the sector this year and which sources say is already on course to attract its initial target of some $3 billion. Chris Rokos, 44, who made $4 billion for Brevan's fund...

  • JAKARTA, Aug 12- Thomas Lembong has mingled for years with bankers and private equity executives, but on Wednesday swapped that to take up the post of Indonesia's trade minister, an appointment designed to shore up investor faith in Southeast Asia's largest economy. Now in his early 40 s, Lembong worked at Deutsche Bank and Morgan Stanley before co-founding...