×

Investing Private Equity

  • *Elliott Advisors urges end to dual-corporate structure. SYDNEY, April 10- BHP Billiton came under fresh pressure to restructure on Monday as activist hedge fund Elliott Advisors urged the miner to scrap its dual-corporate system, split off its U.S. oil arm and revise its capital return policy. Elliott said it also held rights with affiliates to buy up to 0.4...

  • *Elliott Advisors calls for dual-corporate structure to go. SYDNEY, April 10- Hedge fund manager Elliott Advisors said on Monday it had sent a letter to BHP Billiton directors outlining a plan to unlock value by scrapping the mining giant's dual- corporate structure, demerging its oil business and rejigging its capital return policy. Elliott also said it holds...

  • *Elliott Advisors calls for LSE listing to go. SYDNEY, April 10- Hedge fund manager Elliott Advisors said on Monday it has sent a plan to BHP Billiton directors to unlock shareholder value by scrapping the miner's London Stock Exchange listing, demerging its U.S. oil arm and revising its capital return policy. Elliott also said it holds rights with its affiliates...

  • SYDNEY, April 10- Hedge fund manager Elliott Advisors said on Monday it had sent a letter to BHP Billiton directors outlining a plan to unlock value by scrapping the mining giant's London Stock Exchange listing, demerging its oil business and rejigging its capital return policy. "The goal is to provide details of the BHP shareholder value unlock plan to all of...

  • *Rokos, Stone Milliner, Gemsstock, EDL Capital assets climb. Some of the main beneficiaries of the macro revival are managers who cut their teeth at the big macro firms such as Moore Capital Management, Brevan Howard and Tudor Investment Corp, which made their names for outperformance in 2007-2009.. Eric Siegel, head of hedge funds at Citi Private Bank, said in...

  • Starting block race

    The industry's record gains show the sheer amount of free capital worldwide.

  • April 5- In the financial market race for information, hedge funds, it seems, are the winners. This of course raises the salient issue of who the losers are, but you probably already know the answer to that. My results show that certain investors acquire information before sell-side analysts, and that sell-side analysts assist early informed investors by making...

  • LONDON/ NEW YORK, April 4- British hedge fund manager Alan Howard has raised more than $700 million from outside investors for a new fund that he will solely manage, two sources with knowledge of the matter told Reuters. The AH Fund seeks a minimum $50 million investment from each investor, documents filed with U.S. regulator the Securities and Exchange Commission...

  • LONDON, April 3- Hedge funds have continued liquidating their large bullish position in crude amid doubts about the pace and timing of any rebalancing in the oil market. Hedge funds net position in Brent and WTI has been cut to 642 million barrels, down from a record 951 million barrels on Feb. 21. The result is that the ratio of long to short positions in Brent and WTI...

  • DETROIT, April 3- General Motors Co on Monday outlined in a regulatory filing contacts with billionaire hedge fund manager David Einhorn who went public last week with a plan to boost GM's value and announced its slate of board nominees, all of whom currently serve on the board. Einhorn, who runs hedge fund Greenlight Capital, has proposed that GM create two...

  • Couple doing paperwork

    Home equity lines are becoming more and more popular among the nation's youngest homeowners.

  • LONDON, April 3- Hedge funds have continued liquidating their large bullish position in crude amid doubts about the pace and timing of any rebalancing in the oil market. Hedge funds net position in Brent and WTI has been cut to 642 million barrels, down from a record 951 million barrels on Feb. 21. The result is that the ratio of long to short positions in Brent and WTI...

  • March 29- You probably already knew that hedge fund names are intended to impress, or even better to confuse just enough to make you stop asking questions, but most of all to inspire confidence. You are, after all, as a hedge fund client, about to hand over a substantial sum to people whose probity and ability you cannot measure. Hedge fund investors chase hedge fund...

  • LONDON, March 27- Hedge funds have unwound much of the concentration of bullish positions that contributed to a fall in oil prices this month, suggesting a broader range of views about where prices go next. Hedge funds and other money managers now hold a combined net long position in Brent and WTI of 684 million barrels, down from a record 951 million on Feb. 21, though...

  • DUBAI, March 27- Dubai- based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre, the local fund management industry has largely confined itself to traditional equity and fixed income funds...

  • LONDON, March 27- Hedge funds have unwound much of the concentration of bullish positions that contributed to a fall in oil prices this month, suggesting a broader range of views about where prices go next. Hedge funds and other money managers now hold a combined net long position in Brent and WTI of 684 million barrels, down from a record 951 million on Feb. 21, though...

  • Sarah Normand, arguing for the government before the 2nd U.S. Circuit Court of Appeals in Manhattan, said that even if the Federal Bureau of Investigation did make false statements, it had good cause for a warrant against Ganek anyway. FBI agents raided the offices of Ganek's fund, Level Global, in 2010, after one of its analysts, Spyridon Adondakis, told them that he...

  • LONDON, March 24- Brevan Howard Asset Management, a British hedge fund firm, has been granted an injunction to prevent Reuters publishing a story it says is based on confidential information. A High Court judge ruled on Thursday after a private hearing that there were not sufficient grounds of public interest for the story to be published. Reuters news agency is...

  • BOSTON, March 23- Thirteen years ago Eric Mindich set an industry record when he raised $3 billion for his new hedge fund Eton Park. The decision to liquidate comes after a difficult 2016 when Eton Park lost 9 percent and its assets shrunk by $2 billion to the current $7 billion. At its peak in 2011, Eton Park oversaw $14 billion.

  • BOSTON, March 23- Thirteen years ago Eric Mindich set an industry record when he raised $3 billion for his new hedge fund Eton Park. The decision to liquidate comes after a difficult 2016 when Eton Park lost 9 percent and its assets shrunk by $2 billion to the current $7 billion. At its peak in 2011, Eton Park oversaw $14 billion.