Investing Private Equity

  • LONDON, July 4- Hedge funds and other money managers are betting diesel and heating oil will take over from gasoline as the main driver of U.S. refinery profitability in the second half of the year. The most recent data published by the U.S. Commodity Futures Trading Commission shows some profit-taking on these positions in the week to June 28.

  • BOSTON, June 30- Hedge fund BlueMountain, which oversees $21.5 billion in assets, has reordered senior management by promoting Amy Wierenga to chief risk officer as Bryce Markus, who held that position and served as co-president, cuts back on his roles at the firm. "Amy Wierenga's promotion to Chief Risk Officer reflects BlueMountain's deep bench of...

  • BOSTON, June 30- Chesapeake Partners, a $1.4 billion hedge fund that bet on special situations including mergers, bankruptcies and spin-offs, is shutting down after an 18- month stretch of losses, as it blamed government regulation for making investing tougher. Founders Traci Shanbrun Lerner and Mark Lerner, in a June 27 letter to investors, which was seen by...

  • Michael Phelps competes in a semi-final heat of the Men's 200 Meter Butterfly during Day 3 of the 2016 U.S. Olympic Team Swimming Trials on June 28, 2016 in Omaha, Nebraska.

    Credit opportunities top equities now, KKR's McVey says, with banks restricted from making loans to private equity.

  • SHANGHAI, June 30- China will detail rules to allow foreign hedge fund managers to launch products in the country, the nation's securities regulator said on Thursday, as authorities step up efforts to further liberalize and deepen the domestic capital markets. Some foreign asset managers, including the world's largest hedge fund, Bridgewater Associates, have...

  • LONDON, June 29- New York- based global macro hedge fund firm Caxton Associates made gains of 2 percent on Friday after Britain voted to leave the European Union, a source told Reuters on Wednesday. Caxton, founded in 1983 by Bruce Kovner, manages $8 billion in assets and is run by Chairman and Chief Executive Officer Andrew Law, who had supported Britain remaining in...

  • Pro: This is nothing like a Lehman experience

    Glenn Hutchins, North Island Chairman, discusses the private equity space amid the sell-off in markets following the Brexit vote.

  • NEW YORK/ BOSTON June 25- UK voters' surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. "I don't want to say it's a non-event, but we're not seeing panic," said Eric Siegel, head of hedge fund investments at Citi Private Bank.

  • LONDON, June 24- Crispin Odey, a hedge fund manager who backed the campaign for Britain to leave the European Union, could turn out to be one of the biggest financial winners of the vote to quit the bloc. Those bets looked to have paid off on Friday when markets tumbled in reaction to Britain's decision on Thursday to leave the EU, providing a much-needed boost for Odey,...

  • NEW YORK, June 23- Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012- before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. Since May alone, those charged include famed Las Vegas sports gambler William "Billy" Walters and hedge fund manager Sanjay...

  • NEW YORK, June 22- Agents from the Federal Bureau of Investigation and the U.S. Postal Inspection Service raided the New York headquarters of hedge fund firm Platinum Partners Wednesday morning, according to a person familiar with the situation. Kelly Langmesser, an FBI spokeswoman, confirmed a "law enforcement action" was undertaken at the hedge fund firm's...

  • NEW YORK, June 22- The death of Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who had been charged last week in a major insider trading case, has been declared a suicide, the New York City medical examiner's office said on Wednesday. Valvani died of stab wounds to his neck, and the manner of death was suicide, medical examiner spokeswoman Julie...

  • NEW YORK, June 22- Private Advisors is liquidating approximately $1 billion from a nearly two decade-old hedge fund investment strategy and its head of hedge funds has departed the firm, according to a spokesman with majority owner New York Life Investment Management Holdings. New York Life spokesman Jacqueline Meere said in an email on Tuesday that Private...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was criminally charged last week in a major insider trading case, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening in the bedroom of his Brooklyn home with a wound to his neck, a New York Police Department...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was criminally charged last week in a major insider trading case, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening in the bedroom of his Brooklyn home with a wound to his neck, a New York Police Department...

  • San Diego Padres Rickey Henderson (R) slides safely past the St. Louis Cardinals catcher Tom Pagnozzi

    Investors and executives say Silicon Valley fundraising for start-ups is stalling, right at a time when many need cash to support operations

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was charged last week with insider trading, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn home with a wound to his neck, a New York Police Department spokeswoman said. Prosecutors said the...

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was arrested last week on insider trading charges, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn home with a wound to his neck, a New York Police Department spokeswoman said.

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was arrested last week on insider trading charges, has been found dead in an apparent suicide, the police said on Tuesday. Valvani, 44, was discovered by his wife on Monday evening at his Brooklyn residence with a wound to his neck, a New York Police Department spokeswoman said.

  • June 21- Sanjay Valvani, a hedge fund manager at Visium Asset Management who had been charged with insider trading, was found dead in an apparent suicide on Tuesday, CNBC reported, citing Dow Jones. Federal officials earlier this month arrested Valvani and accused him of having fraudulently made $25 million by gaining advance word about U.S. Food and Drug...