Investing Private Equity

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  • For instance, Eric Knight's activist-oriented Knight Vinke Institutional Partners is up nearly 50 percent before fees this year, while the Russian Prosperity Fund, which picks stocks in the former Soviet Union and is led by Alexander Branis, has climbed 43 percent. Then there are Jason Mudrick's Mudrick Distressed Opportunity Fund and Phoenix Investment...

  • BOSTON, Oct 18- Former Macquarie portfolio manager David Meneret has secured financial backing from Protege Partners for his new hedge fund, Mill Hill Capital, the fund and firm said on Tuesday. New York- based Mill Hill Capital, which will focus on investments in corporate and securitized assets including bonds and collateralized loan obligations, plans to...

  • Oct 17- Bets on expensive but poorly performing hedge funds have cost pensioners in New York $3.8 billion in the last eight years, according to a report published by the state's financial regulator on Monday. "Hedge fund managers continue to reap hundreds of millions of dollars in fees, regardless of their performance, which is a rip-off at the expense of...

  • NEW YORK, Oct 14- Hedge funds boosted their bullish bets on U.S. crude oil for the third week in a row to a more than two-year high, data showed on Friday, as non- OPEC countries raised expectations of a joint effort with OPEC members to cut output. Oil prices during the time jumped more than 4 percent and Brent crude hit a one-year high on Oct. 10 after Russia said it was...

  • High net worth investors increase allocations to private equity debt

    Simon Smiles, CIO of ultra high net worth at UBS, discusses what high-value investors are adding to their portfolios.

  • LONDON, Oct 10- Saudi Arabia successfully confounded hedge funds with bearish views on oil by reaching an unexpected production deal with OPEC members in Algiers on Sept. 28, sending prices soaring in a short-covering rally. Hedge funds' net position surged from 471 million barrels on the eve of the OPEC meeting to 612 million barrels seven days later.

  • LONDON, Oct 10- Saudi Arabia successfully confounded hedge funds with bearish views on oil by reaching an unexpected production deal with OPEC members in Algiers on Sept. 28, sending prices soaring in a short-covering rally. Hedge funds' net position surged from 471 million barrels on the eve of the OPEC meeting to 612 million barrels seven days later.

  • Daniel Loeb's Third Point climbed 1.1 percent, while Citadel's Wellington fund gained 2 percent, and Barry Rosenstein's Jana Partners returned 2 percent, the funds told investors. That leaves Third Point up 7.2 percent for the year, while Citadel is up 2.6 percent and Jana Partners trimmed its losses to 1.1 percent. Poor performance has also forced some firms,...

  • *Marshall Wace, Discovery Capital cut "short positions". LONDON/ NEW YORK Oct 6- Two leading hedge funds which made big bets on Deutsche Bank shares falling are now reducing their "short" positions, in a sign of confidence in the stability of the lender. Marshall Wace, a $25 billion hedge fund co-founded by British financier Paul Marshall and U.S. billionaire Robert...

  • The $27 billion hedge fund also said Samsung should consider other moves to benefit shareholders, including listing its operating company on the U.S. Nasdaq stock exchange, and paying a $37 billion special dividend from its $70 billion cash pile. Elliott said the new holding company should look at a possible all-stock merger with Samsung C&T Corp- the...

  • Deutsche Bank's ripple effect

    CNBC's Geoff Cutmore, Paul Miller, BR Capital Markets, Managing Director & Head of Financial Institutions Research and Fred Cannon, Keefe, Bruyette & Woods, Director of Research & Chief Equity Strategist, discuss liquidity and Deutsche Bank.

  • The twice-annual Billion Dollar Club report, released on Thursday, showed a decline of nearly 7 percent, or $132 billion, to July 2016 from a year ago. Firms including Och-Ziff Capital Management Group LLC, BTG Pactual Asset Management, York Capital Management, Pershing Square Capital Management and J.P. Assets for the Billion Dollar Club have fallen over the...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • LONDON, Sept 26- Hedge fund firm Brevan Howard, one of Europe's largest, will cut its main Master fund and its Multi-Strategy fund's management fees to zero for some current investors, a source close to the matter told Reuters. The $14.5 billion main fund, which has suffered back-to-back annual losses, joins a string of other hedge funds in lowering fees as they...

  • LONDON, Sept 26- Hedge fund firm Brevan Howard, one of Europe's largest, will cut its main fund's management fee to zero for new investors, a source close to the matter told Reuters. The $14.5 billion main fund, which has suffered back-to-back annual losses, joins a string of other hedge funds in lowering fees as they battle to woo investors. Multi-manager hedge fund...

  • LONDON, Sept 26- Hedge funds have become increasingly bullish about the outlook for gasoline prices even as they have become more cautious the prospects for heating oil this winter. Hedge funds are net short of heating oil futures and options for the first time since April, according to position data published by the U.S. Commodity Futures Trading Commission.

  • *Ontario Teachers cuts allocations to 10 funds- sources. LONDON, Sept 23- Canada's third-largest public pension plan has halved the number of computer-driven hedge funds in its investment portfolio and put more money into the funds its sticking with, sources with knowledge of the matter told Reuters. Ontario Teachers' allocates $11.4 billion to hedge funds,...

  • It's been a lumpy year for IPOs: Expert

    Gareth McCartney, EMEA head of ECM syndicate at UBS, says we're entering a period of low volatility which is a good window for new IPOs.