Hedge Funds Private Equity and Hedge Funds

  • LONDON, Sept 19- Hedge funds scaled back some of their short positions in crude oil futures and options after prices failed to fall further, suggesting the market was running out of negative momentum. Along with other money managers they cut their combined short position in the three main Brent and WTI contracts by 36 million barrels in the week to Sept. 13.

  • LONDON/ WARSAW, Sept 19- South Africa's Naspers is set to receive at least four bids for Allegro in a deal that could value Eastern Europe's No.1 auction website at up to $2.2 billion, sources familiar with the talks said on Monday. The sources said Advent had teamed with U.S. private equity fund Hellman& Friedman; Apax Partners with Canada's CPP Investment Board;...

  • LONDON, Sept 19- Hedge funds have built their largest bullish position in U.S. natural gas for more than two years amid signs the gas glut is being eroded quickly and the market could tighten in 2017.. The net long position has almost quadrupled over the last four weeks, and is now at the highest level since June 2014, according to an analysis of data released on Friday...

  • LONDON, Sept 16- An $8 billion hedge fund run by billionaire Michael Platt has yet to give investors all their money back nine months after the fund was shuttered, a spokesman for the fund and three of its investors told Reuters. He told investors in a letter on Dec. 1, seen by Reuters, that a decision to close the firm was prompted by increased costs and investor...

  • Sept 16- Standard Chartered Plc is considering spinning out its private equity business to its managers, Bloomberg reported on Friday, citing two people familiar with the matter. The unit's managers, led by Joseph Stevens, would take control of a business that oversees about $5 billion of assets, Bloomberg reported. Reuters reported earlier on Friday that PE...

  • *Oil price slump dashes' Africa rising' hope. *Africa executives leave at Carlyle, StanChart, Actis. JOHANNESBURG, Sept 16- Major private equity firms have seen a number of top management departures in Africa, individuals familiar with the matter said, as the funds grapple with investments hurt by a weak economy.

  • Sept 15- British business information group Informa Plc said on Thursday it had agreed to buy U.S.-based information services company Penton for 1.18 billion pounds to expand in the United States and grow its global exhibitions business. Informa said it will buy Penton from private equity firms MidOcean Partners and Wasserstein& Co, which will receive 1.11...

  • TORONTO/ NEW YORK, Sept 15- Activist investor Engaged Capital reported a 7.5 percent stake in SunOpta Inc on Thursday and said it had signed a confidentiality agreement with the Canadian organic food company to provide strategic advice. U.S. hedge fund Tourbillon Capital pressured SunOpta to explore a sale earlier this year. In July, Reuters reported that...

  • Gavel and judge, making a decision

    A federal judge certified a class-action lawsuit against Och-Ziff Capital related to a bribery probe, only to throw it out six hours later.

  • LONDON/ NEW YORK, Sept 15- Hedge funds across the globe are cutting their management fees as they struggle to attract investors in the face of weak returns, industry data shows. U.S.-based Caxton Associates this week became the latest firm to tell investors it would reduce its fees, joining the likes of Och-Ziff Capital Management and Tudor Investment Corp which...

  • A man stands infront of a McDonald's restuarant in Tianjin, China on February 2, 2015. McDonald's has received more than half a dozen bids for its planned sale of China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina in a deal worth about $3 billion.

    McDonald's has received final bids from at least three groups for its China and Hong Kong outlets.

  • HONG KONG, Sept 15- Fast-food giant McDonald's Corp has received final bids from at least three groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital separately teaming up with Chinese partners for the business worth up to $3 billion, sources told Reuters. Carlyle has joined with Chinese state conglomerate...

  • HONG KONG, Sept 15- Fast-food giant McDonald's Corp has received final offers from at least three bidding groups for its China and Hong Kong outlets, with global private equity firms Carlyle Group and TPG Capital teaming up with Chinese partners for the business worth up to $3 billion, sources told Reuters. Carlyle has joined with Chinese state conglomerate...

  • CHICAGO, Sept 14- Billionaire investors Marc Rowan and David Bonderman are among Caesars Entertainment Corp directors who must disclose details of their wealth to creditors of the casino holding company's bankrupt subsidiary, a U.S. judge said on Wednesday. Junior creditors accuse directors of Caesars and its private equity sponsors Apollo Global...

  • District Judge Paul Oetken in Manhattan came in a lawsuit in which Och-Ziff shareholders accused the largest publicly traded U.S. hedge fund company of misleading them about U.S. Department of Justice and U.S. Securities and Exchange Commission probes into its investments in Africa. Shareholders from February 2012 to August 2014 claimed that Och-Ziff...

  • CHICAGO, Sept 14- Billionaire investors Marc Rowan and David Bonderman are among Caesars Entertainment Corp directors who must disclose details of their wealth to creditors of the casino holding company's bankrupt subsidiary, a U.S. judge said on Wednesday. Junior creditors accuse directors of Caesars and its private equity sponsors Apollo Global...

  • NEW YORK, Sept 14- Lawyers for Och-Ziff Capital Management Group LLC said a federal judge ignored his own deadline by certifying a class-action lawsuit tied to a bribery probe on Wednesday without giving the largest publicly traded U.S. hedge fund company a chance to object. District Judge Paul Oetken in Manhattan said Och-Ziff shareholders from February...

  • NEW YORK, Sept 13- More financial executives are decamping to Florida for lower taxes, real estate investor Barry Sternlicht said on Tuesday, revealing that he is one of those who recently made the move. "There's a massive exodus from Connecticut," Sternlicht said, naming himself and billionaire hedge fund manager Paul Tudor Jones as the most high-profile recent...

  • NEW YORK, Sept 13- The economic environment is too fragile for the Federal Reserve to raise interest rates this month, Ray Dalio of Bridgewater Associates, one of the world's largest and most closely watched hedge fund investors, said on Tuesday. "The risks are so much more on the downside," Dalio, chairman and co-chief investment officer of the $150 billion...

  • NEW YORK, Sept 13- Ray Dalio of Bridgewater Associates, one of the world's largest and most closely-watched hedge fund investors, said Tuesday that the economic environment is too fragile for the U.S. "The risks are so much more on the downside," Dalio, chairman and co-chief investment officer of $150 billion Bridgewater, said Tuesday at the CNBC Institutional...