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  • SAO PAULO/ NEW YORK, Feb 5- Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster. Gávea also kept bets against the currencies of Thailand, South...

  • EXCLUSIVE-HEDGE FUND FIRM STANDARD PACIFIC CAPITAL TO SHUT- LETTER.

  • Feb 3- Two thirds of hedge funds create genuine value through contrarian strategies, choosing well among cheap and beaten-down stocks, according to a new study of their holdings. The study, released in January, is ground-breaking, according to its authors, because it relies on 13 F filings, which are holdings disclosures that money managers above a certain size...

  • Activist hedge fund firm Orange Capital to shut -sources Wednesday, 3 Feb 2016 | 10:19 AM ET

    NEW YORK, Feb 3- Orange Capital, the activist hedge fund firm led by New York- based real estate investment manager Daniel Lewis, is shutting down after a year of poor performance, according to people familiar with the situation. A group of stocks in Orange's portfolio, worth about $1.3 billion as of September 30, according to a public filing, declined substantially...

  • Feb 1- Activist hedge fund Hudson Executive Capital LP wants CIT Group Inc to break up, the Wall Street Journal reported, citing people familiar with the matter. The hedge fund, which disclosed a 0.5 percent stake in CIT, thinks the best strategy for the commercial lender would be to sell off its various pieces given its recent underperformance, the Journal said.

  • So-called global macro funds, like the ones run by industry icons Paul Tudor Jones, Alan Howard and Ray Dalio, are expected to rank among this year's best performers, according to J.P. Morgan's Institutional Investor Survey 2016, gathering input from 322 investors controlling $910 billion in assets. The new appetite has been on display at former Brevan Howard...

  • Money managers, including hedge funds and other big speculators, raised their combined futures and options position in New York and London by 15,717 contracts to 68,053 in the week to Jan. 26, the U.S. Commodity Futures Trading Commission said. "It looked as if up to last Tuesday, you had a big influx of money-manager longs- that would explain why up until Tuesday last...

  • NEW YORK, Jan 29- Samantha Greenberg, a partner at $16.2 billion Paulson& Co., is leaving to launch her own hedge fund firm, according to people familiar with the situation. Greenberg and a spokesman for Paulson, led by billionaire John Paulson, declined to comment. She was named to the Hedge Fund Journal and Ernst& Young's 50 Leading Women in Hedge Funds for 2013.

  • Many big-money clients- representatives of wealthy families, endowments and private investment firms in New York, London and Geneva- came to the Morgan Stanley Hedge Fund Forum at the $1,000- a-night Breakers Palm Beach resort in a sour mood, hurt by their hedge fund investments last year and so far in January. The Breakers gathering, in its 18th year, once again...

  • BOSTON, Jan 27- A post-graduate degree may not be the smartest investment for a young professional going into the hedge fund industry. So-called pre-MBA associates took home an average of $200,000, including a $90,000 bonus, according to SumZero's 2016 Fund Compensation Report, which is based on a survey of more than 1,800 associate positions between 2012 and...

  • SunEdison gives Einhorn's Greenlight Capital a board seat Wednesday, 27 Jan 2016 | 7:04 AM ET

    Jan 27- U.S. solar company SunEdison Inc, which has been under pressure from David Einhorn's hedge fund Greenlight Capital to sell some of its assets or even the entire company, added a former partner from the hedge fund to its board. Claire Gogel will join SunEdison's board as an independent director, effective immediately, the company said on Wednesday.

  • Bearish views abound at elite hedge fund conference Tuesday, 26 Jan 2016 | 5:00 PM ET

    Professional money managers gathered at an elite Morgan Stanley investment conference in Palm Beach, Florida this week expressed a range of pessimistic market views, including so-called bearish takes on the energy sector, China, and stocks such as Valeant Pharmaceuticals and SolarCity. Another topic of negative views was China. Jim Chanos of Kynikos...

  • Hedge funds betting against China eye "Soros moment" Tuesday, 26 Jan 2016 | 9:49 AM ET

    LONDON, Jan 26- A handful of mainly U.S.-based macro hedge funds have led bets against China's yuan since late last year and the coming weeks should tell how right they are in predicting a devaluation of between 20 and 50 percent. The firm reckons rush by domestic savers and businesses to withdraw money from China will prove too strong for authorities to resist...

  • NEW YORK, Jan 25- U.S. securities regulators said on Monday they would not oppose making a rare settlement refund of $21.5 million to hedge fund Level Global Investors LP after a federal appeals court's ruling that made pursuing insider trading cases tougher. The U.S. Securities and Exchange Commission's position was laid out in a letter filed in federal court...

  • Jan 25- David Einhorn's hedge fund Greenlight Capital said it has been in talks with SunEdison Inc regarding a board seat and that it is looking to sell the solar company's assets or even the company itself. SunEdison has been under pressure from investors and hedge funds, including Appaloosa Management LP, who are against the solar company's decision to buy...

  • Jan 25- David Einhorn's hedge fund Greenlight Capital said it has been in talks with SunEdison Inc for a board seat and seeks to make some changes at the company, including sales of assets or even the company. The hedge fund also said it had a 4 percent stake in SunEdison as of Jan. 15, according to a regulatory filing. The Wall Street Journal reported on Sunday that...

  • BOSTON, Jan 25- Zafgen's stock tumbled as much as 11.5 percent on Monday after hedge fund Kerrisdale Capital said it has a short bet on the biopharmaceutical company's stock, arguing that U.S. regulators will not approve the sale of its obesity drug. "Zafgen's deadly obesity drug has no reasonable chance of FDA approval," the hedge fund wrote in an 11- page report...

  • BOSTON, Jan 25- Biopharmaceutical company Zafgen's stock tumbled as much as 11.5 percent in early trading on Monday after hedge fund Kerrisdale Capital said it has a short bet on the stock, arguing that U.S. regulators will not approve the sale of its obesity drug. "Zafgen's deadly obesity drug has no reasonable chance of FDA approval," the hedge fund wrote in an 11-...

  • LONDON, Jan 25- Hedge funds had covered only a small part of their record short position in crude oil by early last week, but it was still enough to send prices surging more than $6 higher over the course of Thursday and Friday. Hedge funds reduced their combined short positions in the main Brent and WTI futures and options contracts by 16 million barrels, just 4...

  • The companies' shares have more than halved in value from their highs last year since the "grand experiment of spinning off" NorthStar Asset from NorthStar Realty in 2014, Land and Buildings Investment Management LLC said. NSAM shares rose 8.1 percent to $11.55 in morning trading on Friday, while NRF shares increased 7 percent to $12.20. NSAM could sell its...