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Investing Private Equity

  • BOSTON, Dec 6- Massachusetts, already a large investor in some of the world's biggest hedge funds, wants to hire an adviser to help find smaller managers that could improve the $63.2 billion state pension fund's risk and return profile. The Pension Reserves Investment Management Board on Tuesday voted to issue a request for proposals for advisers to assist in...

  • Sohn Conference Preview

    CNBC's Gemma Acton previews the big name investors at the Sohn Conference in London this week.

  • CNBC's Gemma Acton previews the big name investors at the Sohn Conference in London this week.

  • BOSTON, Dec 5- For hedge fund manager Sahm Adrangi, 2016 is the year that can not end quickly enough. Adrangi's New York- based Kerrisdale Capital Management now oversees roughly $170 million, far less than the roughly $350 million he managed over the summer. He was also charged with criminal possession of a controlled substance, which was cocaine, East Hampton...

  • BOSTON, Dec 5- Former hedge fund executive JP Miller launched an app on Monday for his startup news site Empire Report that is modeled on the Drudge Report and chronicles New York, its politicians, financiers and celebrities. There are other websites in Colorado, Connecticut and Pennsylvania that also look like the Drudge Report. The timing for Miller's site and...

  • Sperling: Government should not micromanage businesses

    CNBC's David Faber speaks with Scott Sperling, Thomas H. Lee Partners co-president, at the No Labels conference about how President-elect Donald Trump's policies could affect private equity and jobs.

  • *Hintze hails new chapter for industry. LONDON, Dec 2- Staff numbers at CQS, the hedge fund run by billionaire investor Michael Hintze, have fallen sharply, with the Australian saying rivals must adapt to a rapidly changing industry. After a tough 2015, all the main funds of CQS, which manages $12 billion, are now in the black.

  • BOSTON, Dec 2- Donald Trump's U.S. presidential election win gave a huge boost to some prominent hedge fund portfolios, helping them post double-digit gains in November, several investors said. William Ackman's Pershing Square Capital Management posted gains of roughly 10 percent in two portfolios while Mick McGuire's Marcato Capital Management's...

  • ZURICH, Dec 2- Actelion's silence speaks volumes to the dozens of event-driven hedge funds piling into the Swiss biotech firm, betting that Johnson& Johnson's approach will result in an outright takeover and handsome returns. A source familiar with the matter has told Reuters the two companies are discussing a bid of close to $27 billion, or 250 Swiss francs per...

  • *Hintze hails new chapter for industry. LONDON, Dec 2- Staff numbers at CQS, the hedge fund run by billionaire investor Michael Hintze, have fallen sharply, with the Australian saying rivals must adapt to a rapidly changing industry. After a tough 2015, all the main funds of CQS, which manages $12 billion, are now in the black.

  • NEW YORK, Dec 1- The majority of institutional investors worldwide are seeking to increase their investments in riskier alternatives that are not publicly traded such as hedge funds, real estate and private equity over the next one to two years to combat potential low returns and choppiness in public markets, a Fidelity survey showed on Thursday.

  • Activist hedge fund Clinton Group, which has not disclosed the size of its holding in the small bank, first began agitating for changes early this month. A spokesman for First NBC Bank said in an emailed statement that the company was open to input from shareholders and that it had multiple discussions with the Clinton Group. "First NBC is largely aligned with...

  • Pedestrians walk past a Charles & Keith store in downtown Kuala Lumpur, Malaysia.

    L Catterton, the consumer-focused private equity fund, is counting on Asia for big opportunities.

  • Belgium, Italy and Spain see spike in hedge fund take-up. By Abhinav Ramnarayan and Helen Reid. LONDON, Nov 21- Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks leaving them vulnerable to a debt market sell-off driven by a class of investors dubbed "fast money" for their speculative approach.

  • LONDON, Nov 21- Hedge funds have taken a more cautious stance on oil prices amid a flurry of diplomatic activity aimed at securing a production-limiting deal among OPEC members by the end of the month. The funds cut their combined net long position in the three major Brent and West Texas Intermediate futures and options contracts by just 3 million barrels to 422...

  • *Belgium, Italy and Spain see spike in hedge fund take-up. LONDON, Nov 21- Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks leaving them vulnerable to a debt market sell-off driven by a class of investors dubbed "fast money" for their speculative approach. A populist revolt that propelled Donald...

  • NEW YORK, Nov 18- Hedge fund managers were largely united in their dislike for Donald Trump before the election. "Investors... were over-weighing the negatives of his unpredictability as a potential President and they were under-valuing how positive from a policy perspective him with a Republican Congress would be for the markets," said Jason Karp who runs $3.8...

  • NEW YORK, Nov 18- Hedge fund managers were largely united in their dislike for Donald Trump before the election. "Investors... were over-weighing the negatives of his unpredictability as a potential President and they were under-valuing how positive from a policy perspective him with a Republican Congress would be for the markets," said Jason Karp who runs $3.8...

  • LONDON, Nov 18- Tucked into the attic of a Georgian building in London's West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen. Piquant co-founders James Holloway, 32, and Iain Buchanan, 36, say putting their trading and back office...

  • LONDON, Nov 18- Tucked into the attic of a Georgian building in London's West End, seven people run a $200 million hedge fund following artificial intelligence formulas. But the supercomputers that process their complex algorithms are nowhere to be seen. Piquant co-founders James Holloway, 32, and Iain Buchanan, 36, say putting their trading and back office...