Investing Private Equity

More

  • NEW YORK, Jan 11- An elite group of hedge fund managers must have awakened on Jan. 1 with an unusual type of hangover: their first annual loss. Large funds managed by King Street Capital Management, CQS, Pine River Capital Management, Metacapital Management, DW Partners and Libremax Capital were among those that lost money, or were on track to, in 2015 for the first time,...

  • Look at dollar-denominated assets: Investor Monday, 11 Jan 2016 | 9:22 PM ET
    Look at dollar-denominated assets: Investor

    David Schiegoleit, MD of investments at the U.S. Bank Wealth Management, says investors outside the U.S. should look at dollar-denominated assets that could benefit if the yuan falls.

  • NEW YORK, Jan 11- An elite group of hedge fund managers must have awakened on Jan. 1 with an unusual type of hangover: their first annual loss. Large funds managed by King Street Capital Management, CQS, Pine River Capital Management, Metacapital Management, DW Partners and Libremax Capital were among those that lost money, or were on track to, in 2015 for the first time,...

  • ‘Bowie Bonds’ blazed a trail through markets Monday, 11 Jan 2016 | 9:42 AM ET
    A portrait taken on May 13, 1983 shows British singer David Bowie during a press conference at the 36th Cannes Film Festival.

    David Bowie's creativity rocked the the financial world, when the artist created a new type of bond, FT reports.

  • What is the PBOC trying to do? Sunday, 10 Jan 2016 | 9:33 PM ET
    What is the PBOC trying to do?

    China's central bank is trying to manage both its currency and its domestic liquidity conditions, explains Mark Jolley, senior equity analyst at CCB International Securities.

  • Jan 8- The hedge fund manager Steven A. Cohen has been barred from supervising funds that manage outside money until 2018 to settle charges he failed to supervise a former portfolio manager convicted of insider trading, the U.S. Securities and Exchange Commission said on Friday. Cohen did not admit or deny the SEC's findings related to his oversight of Mathew...

  • LONDON, Jan 7- Blackstone Group is planning to bring its multi-manager hedge fund platform Senfina Advisors to Britain, three sources with direct knowledge of the move told Reuters. The platform, which allows investors to access a number of underlying hedge fund managers, was launched in the United States in 2014 and had almost $2 billion in assets under...

  • NEW YORK, Jan 7- Tim Garry, second-in-command at $4.4 billion hedge fund firm Passport Capital, has decided to leave, according to a letter sent to clients on Thursday morning seen by Reuters. "Given his achievements at Passport, Tim is ready for a role with an increased level of responsibility and will be pursuing new opportunities," firm founder John Burbank wrote...

  • Lion Point, co-founded in 2014 by former portfolio managers from Elliott Management and Perry Capital, said Ally ignored this request and also chose to make their private discussion public via its release on Monday. Lion Point is targeting a $9 billion company in its first such campaign while holding less than 1 percent of Ally's stock. Ally, the largest auto...

  • A growing conflict in Wall St. buyouts Tuesday, 5 Jan 2016 | 11:25 AM ET
    Wall Street

    CNBC's Andrew Ross Sorkin delves into the latest conflict-ridden practice on Wall Street, reports The New York Times.

  • BOSTON, Jan 4- Billionaire investor Barry Rosenstein's Jana Partners hedge fund ended 2015 with a 5.4 percent loss, marking its first down year since 2011 and only the third time it has lost money for the full year. Jana Partners, which has been in business since 2001, last had a down year in 2011, when the fund dipped 2.1 percent. William Ackman's Pershing Square...

  • Here's why US markets may do well this year Sunday, 3 Jan 2016 | 7:11 PM ET
    Here's why US markets may do well this year

    Based on past statistics, U.S. markets have performed reasonably well in the run up to presidential elections, explains Sean Darby, global head of equity strategy at Jefferies.

  • NEW YORK, Dec 30- A federal judge on Wednesday rejected hedge fund manager Doug Whitman's request to end his two-year sentence for insider trading early while he pursues his latest appeal of his 2012 conviction. District Judge Jed Rakoff said it would be unfair to release the Whitman Capital LLC founder from the Sacramento, California, halfway house where he was...

  • NEW YORK, Dec 24- This year, betting on corporate takeovers and restructurings should have been a sure thing for investors as the value of deals soared to record levels. "It turned out to be a very challenging year," said Tristan Thomas, who helps clients select hedge funds at Northern Trust's 50 South Capital. Since January 2010, event driven hedge funds gained an...

  • Betting on pre-IPO companies Thursday, 24 Dec 2015 | 8:43 AM ET
    Betting on pre-IPO companies

    Manny Fernandez, DreamFunded CEO, weighs in on Silicon Valley's private tech stock market that connects angel investors with private markets through an equity crowdfunding platform.

  • Private equity has become a ‘sophisticated animal’ Wednesday, 23 Dec 2015 | 4:30 AM ET
    Private equity has become a ‘sophisticated animal’

    Stewart Licudi, head of European financial sponsors at William Blair, looks at the current trends in private equity and what will perform well in 2016.

  • NEW YORK/ TORONTO, Dec 22- Dominion Diamond Corp has been working with its long-time banker Rothschild& Co to find ways to boost shareholder value including a potential sale, according to a source familiar with the matter. In a securities filing on Monday, a group of investors led by Toronto- based K2& Associates said they had requested for a meeting with Dominion's...

  • Black box hedge funds lead winners from oil collapse Tuesday, 22 Dec 2015 | 10:43 AM ET

    *Among' human' funds, Taylor Woods the best, up 20 pct. *Andy Hall's Astenbeck a big loser, down more than 20 pct. LONDON/ NEW YORK, Dec 22- To make money from the sharp fall in oil prices this year, it helped if you weren't human.

  • Dec 22- TerraForm Power Inc shareholder Appaloosa Management LP said it wants to inspect the books of the solar yieldco to learn more about its dealings with parent SunEdison Inc.. Hedge fund Appaloosa, headed by David Tepper, said on Tuesday its request was related to SunEdison's deal to buy Vivint Solar Inc.. SunEdison shares were down about 24 percent at $5.12...

  • Dec 22- TerraForm Power Inc shareholder Appaloosa Management LP said it wants to inspect the books of the solar yieldco to learn more about its dealings with parent SunEdison Inc.. The hedge fund said on Tuesday its request was related to SunEdison's deal to buy Vivint Solar Inc.. Funds affiliated with Appaloosa together own 7.6 million shares, or 9.5 percent of...