Investing Private Equity

  • Aug 5- AbbVie Inc said hedge fund Elliott Associates LP has sued the pharmaceuticals company alleging that it had made misrepresentations and omissions related to a failed attempt to buy Dublin- based Shire Plc. AbbVie's proposal to buy Shire in a $55 billion so-called tax inversion deal was called off in November 2014. Elliott Associates, a hedge fund founded...

  • NEW YORK, Aug 4- Hedge fund veteran Kenneth Brody has come out of retirement to launch a new money management firm, a person familiar with the situation told Reuters on Thursday. Brody, who co-founded Taconic Capital Advisors and retired in 2013, has reemerged as chief executive of Sutton Square Partners, a New York- based hedge fund manager. Investments will be led...

  • BOSTON, Aug 2- Marcato International, an activist hedge fund that mainly bets on U.S. equities, returned 10.4 percent in July, handily beating the broader stock market index's gain, when the fund made two new investments. Last week, Taikang Life Insurance, run by Chen Dongsheng, who founded Chinese auction house China Guardian, took a 13.5 percent stake in Sotheby's.

  • LONDON, Aug 1- Hedge funds have turned very bearish towards both crude and refined products over the last two months amid signs of an oversupply of gasoline. Hedge funds and other money managers added the equivalent of 56 million barrels of extra short positions in the three main Brent and WTI futures and options contracts in the week ending July 26.

  • LONDON, Aug 1- Hedge funds have turned very bearish towards both crude and refined products over the last two months amid signs of an oversupply of gasoline. Hedge funds and other money managers added the equivalent of 56 million barrels of extra short positions in the three main Brent and WTI futures and options contracts in the week ending July 26.

  • BOSTON/ NEW YORK, July 29- It only took six months for some of the world's most prominent team-based hedge funds to go from winners to losers. Blackstone Group's Senfina Advisors, Citadel's Global Equities Fund and the Visium Global Fund were among the so-called multi-manager funds that cut into last year's sizable gains with deep losses over the first half of...

  • 50 subject one dollar note sheets are run through an intaglio printing press before the face is printed at the U.S. Bureau of Engraving and Printing in Washington, D.C.

    A relic of failure from the buyout boom is the gift that keeps on giving to Wall Street banks and law firms.

  • Meg Whitman, chief executive officer of Hewlett Packard Enterprise

    Hewlett Packard Enterprise bounced after a report that some of its assets may be an acquisition target for private equity firms.

  • NEW YORK, July 28- Fortress Investment Group said on Thursday it plans to shut its Fortress Centaurus Global hedge funds, continuing the firm's move away from hedge funds that invest in liquid, or easy to trade, assets such as stocks. The Centaurus funds, which managed $182 million in assets as of June 30, use a so-called global event driven strategy, betting on...

  • In an election year featuring Hillary Clinton and Donald Trump this finding raises some interesting questions. From December 2008 to September 2009 funds identified as run by Democrat managers beat those run by Republicans by 72 basis points per month, an unusually large margin over an otherwise unrepeated period. The difference in performance by hedge...

  • LONDON, July 26- Hedge funds and other money managers have begun to amass another large short position in futures and options contracts linked to the price of crude oil. Hedge funds increased their short positions in NYMEX WTI futures and options from 53 million barrels on May 31 to 141 million barrels on July 19, anticipating a further drop in prices.

  • LONDON, July 26- Hedge funds and other money managers have begun to amass another large short position in futures and options contracts linked to the price of crude oil. Hedge funds increased their short positions in NYMEX WTI futures and options from 53 million barrels on May 31 to 141 million barrels on July 19, anticipating a further drop in prices.

  • LONDON, July 25- Hedge funds have been liquidating their former record bullish position in crude futures and options putting downward pressure on oil prices in recent weeks. Hedge funds and other money managers cut their net long position in Brent and WTI futures and options by 31 million barrels to 453 million in the week ending on July 19.

  • July 25- Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell its AltaLink...

  • July 25- Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell its AltaLink...

  • CANADIAN HEDGE FUND WEST FACE MAY ALSO PRESS FOR CORPORATE GOVERNANCE CHANGES AT SUNOPTA- SOURCES.

  • A Redbox DVD from an automated kiosk.

    The owner of Redbox video rental kiosks said it had agreed to be bought by the affiliates of private equity firm Apollo Global Management.

  • LONDON, July 25- Hedge funds have been liquidating their former record bullish position in crude futures and options putting downward pressure on oil prices in recent weeks. Hedge funds and other money managers cut their net long position in Brent and WTI futures and options by 31 million barrels to 453 million in the week ending on July 19.

  • Lloyd Blankfein joins Squawk Box on the first day at their new studio in New York City.

    Few Wall Street banks still run LBO shops in-house. An $8 billion LBO fund may put the bank in a class of its own.

  • NEW YORK, July 21- Accounting firm KPMG has resigned as the auditor for Visium Asset Management, according to a letter sent to investors of the embattled hedge fund firm this week. Jacob Gottlieb, Visium's managing partner, noted that it hired accountants PKF O'Connor Davies LLP to perform 2015 audits for its hedge funds, which are being liquidated.