Hedge Funds Private Equity and Hedge Funds

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  • HEDGE FUND AURELIUS HAS ACCUMULATED UKRAINE DEBT, SEEKS BETTER RESTRUCTURING TERMS FOR SEPT/ OCT 2015 BONDS- SOURCE.

  • NEW YORK, Sept 17- A hedge fund manager in Moscow claims he never possessed or traded on inside information from an alleged scheme to hack into networks that distribute corporate news releases, according to a court filing late Wednesday. Amaryan runs Moscow and London- based investment management firms Copperstone Alpha Fund, Copperstone Capital and Ocean...

  • Rubenstein: Why the Fed won't raise rates now Thursday, 17 Sep 2015 | 8:20 AM ET
    David Rubenstein, The Carlyle Group Co-Founder & Managing Director.

    "If the Fed raise rates a little bit, it will have an impact all over the world, particularly in emerging markets," David Rubenstein said.

  • LONDON, Sept 16- Worldpay's private equity owners, Advent International and Bain Capital, will decide on Friday whether to sell or list the British payments processing company, two sources close to the matter said. Advent and Bain will be watching market reaction to the U.S. The Fed's decision on whether to raise rates for the first time in nearly a decade could...

  • Sept 17- Oil and gas producer Samson Resources Corp filed for Chapter 11 bankruptcy protection on Wednesday to carry out a debt-cutting plan reached with key lenders, who will assume control of the company. The company, owned by private-equity firm KKR& Co, listed assets and liabilities of more than $1 billion in its bankruptcy filing. The plan must be approved by...

  • Sept 16- Activist hedge fund Elliott Management Corp is seeking to team up with a private equity firm to take CDK Global Inc private, according to people familiar with the matter, adding to pressure on the information technology company to sell itself. CDK, a Hoffman Estates, Illinois- based provider of software to car dealers with an $8.2 billion market...

  • MUMBAI, Sept 16- India's central bank said on Wednesday it has selected 10 financial institutions to set up separate small banks to lend to small businesses and farmers, who typically struggle to get funding from traditional lenders. Private-equity backed Ujjivan Financial Services Pvt Ltd and Janalakshmi Financial Services Pvt Ltd were among the 10...

  • Sept 16- General Electric Co said on Wednesday it had sold a $3.7 billion portfolio of loans from its British home lending business to private equity-backed Kensington Mortgage Co Ltd as it continues to shrink its financing arm, GE Capital. The deal, GE's third loan portfolio sale this year, nearly halves the size of the company's UK home lending business to less...

  • NEW YORK, Sept 15- Risk-parity strategies such as that used at Bridgewater Associates' "All Weather Fund" did not cause the eruption in volatility that slammed stocks and commodities last month, the fund's founder Ray Dalio of Bridgewater said on Tuesday, responding to recent criticism. Rival investors, including Leon Cooperman's and Steven Einhorn's Omega...

  • NEW YORK, Sept 15- Kyle Bass, founder of hedge fund Hayman Capital Management, told CNBC on Tuesday that Asian banks face a sustained period of increased loan losses and that global gross domestic product growth would slow more than expected as a result. He cited a 400 percent increase in Chinese bank assets since 2007 amounting to $31 trillion, or 310 percent of the...

  • The 2nd U.S. Circuit Court of Appeals in New York on Wednesday will hear arguments over whether to revive a lawsuit by Lynn Tilton, a private equity chief dubbed the "Diva of Distressed," to block the SEC from pursuing fraud charges in an in-house administrative proceeding instead of federal court. Some, including Tilton, also say the appointment of administrative...

  • Vista Equity affiliate buying Solera for $3.74B Monday, 14 Sep 2015 | 7:37 AM ET

    Solera is being acquired by an affiliate Vista Equity Partners for about $3.74 billion in cash.

  • NEW YORK, Sept 13- Solera Holdings Inc, which provides technology services to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. The offer price of $55.85 per share represents a 13 percent premium to Westlake, Texas- based Solera's share price on Friday, when the stock closed up...

  • Vista Equity agrees to $6.5 billion deal for Solera Sunday, 13 Sep 2015 | 7:49 PM ET

    NEW YORK, Sept 13- Private equity firm Vista Equity Partners has agreed to acquire Solera Holdings Inc after raising its offer to $55.85 per share in cash, valuing the insurance claims processing software maker at $6.5 billion, including debt, a person familiar with the matter said on Sunday. The price per share is a 13- percent premium over Solera's share price on...

  • High-profile start-up Homejoy's failure left its backers out more than $35 million and many investors are wondering if more Homejoys lie ahead.

  • NEW YORK, Sept 11- William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Friday that stocks were cheap at current levels and that Mondelez International Inc could be an acquisition target. Alan Hoffman, executive vice president of global corporate affairs at Herbalife, referred in an emailed statement to a Fortune article...

  • SAN FRANCISCO, Sept 11- At the end of July, Homejoy, a start-up company that used the Web to offer house cleaning, hung up its mops, leaving customers in the lurch and Google Ventures and other top-tier private equity backers out the more than $35 million they had sunk into the company. "They are caught on a treadmill" because to keep running requires more cash infusions,...

  • *Talks with Cerberus Capital, Platinum Equity, others-WSJ. Sept 10- Avon Products Inc, which sells cosmetics door-to-door, is in talks with private equity firms about an investment through a stake sale in the struggling company, the Wall Street Journal reported on Thursday. The company is conducting an auction process for a private investment in public equity...

  • Sept 10- Cosmetics seller Avon Products Inc is in talks with various private equity firms to sell a stake in the struggling company, the Wall Street Journal reported. The private equity firms include Cerberus Capital Management and Platinum Equity, the WSJ said. Avon has been struggling to turn around its business as it loses representatives- the so-called "Avon...

  • Sept 10- Avon Products Inc, a direct seller of cosmetics, is in talks with various private equity firms for a stake sale, CNBC tweeted, citing Dow Jones.