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Investing Private Equity

  • Fairfax has 'best of both worlds'

    Fairfax's divestment plans puts pressure on the private equity businesses to step up their game, says Peter Esho, Esho Ventures.

  • OTPP CEO on Fairfax Media: 'It's early days'

    Ron Mock, Ontario Teachers’ Pension Plan CEO, addresses the OTPP's involvement in a consortium looking to buy Australia's Fairfax Media.

  • LONDON, May 15- Hedge funds had become increasingly bearish towards crude oil by the middle of last week, leaving them vulnerable to a short squeeze with OPEC's next meeting coming up on May 25. In fact, hedge fund positioning in crude is nearly identical to before the last OPEC meeting held on Nov. 29, which was followed by a fierce short-covering rally.

  • NEW YORK, May 15- Several big-name hedge fund investors trimmed their stakes in financial companies in the first quarter as hopes for immediate tax cuts and loosening of regulations after President Donald Trumps victory in November began to fade. Boston- based Adage Capital Management cut its position in Wells Fargo& Co, which has come under fire for its sales...

  • LONDON, May 15- Hedge funds had become increasingly bearish towards crude oil by the middle of last week, leaving them vulnerable to a short squeeze with OPEC's next meeting coming up on May 25. In fact, hedge fund positioning in crude is nearly identical to before the last OPEC meeting held on Nov. 29, which was followed by a fierce short-covering rally.

  • BOSTON, May 12- Hedge fund Passport Capital, which once grabbed headlines with triple digit returns, has been hit with fresh losses and its assets continue to shrink, the firm's founder told investors in a letter seen by Reuters on Friday. Assets at the San Francisco- based firm contracted to $2 billion at the end of April, half of what it had managed only a few years...

  • Henry Kravis, co-founder of KKR

    Private equity companies are raising money and looking for takeovers before repatriated cash from overseas increases the competition.

  • NEW YORK, May 11- The board overhaul announced by Whole Foods Markets Inc on Wednesday has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciates the board overhaul and the operating...

  • NEW YORK, May 11- The board overhaul at Whole Foods Markets Inc has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciated the board overhaul and the operating experience of the new...

  • NEW YORK, May 11- The board overhaul at Whole Foods Markets Inc has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciated the board overhaul and the operating experience of the new...

  • *Red Kite co-founder: supply of copper scrap grew earlier in year. HONG KONG, May 10- Supply of copper scrap has tightened recently after growing in the first quarter, while disruptions at major mines earlier in 2017 are hitting availability of the metal, the co-founder of metals hedge fund RK Capital Management, said on Wednesday. Some of the disruptions to mine...

  • *Red Kite co-founder: supply of copper scrap grew earlier in year. HONG KONG, May 10- Supply of copper scrap has tightened recently after growing in the first quarter, while disruptions at major mines earlier in 2017 are hitting availability of the metal, the co-founder of metals hedge fund RK Capital Management, said on Wednesday. Some of the disruptions to mine...

  • *Red Kite co-founder: supply of copper scrap grew earlier in year. HONG KONG, May 10- Supply of copper scrap has tightened recently after growing in the first quarter, while disruptions at major mines earlier in 2017 are hitting availability of the metal, the co-founder of metals hedge fund RK Capital Management, said on Wednesday. Some of the disruptions to mine...

  • NEW YORK, May 8- Below is a table listing some of the hedge fund managers who spoke at the Sohn Investment Conference in New York, in order of appearance, and the investment ideas they presented. Debra Fine Fine Long DHX Media Pegged DHX Media's Capital Ltd fair value at Partners LP C $20- C $30. Cited tax efficiency, excellent locations in United States.

  • Gigamon, based in Santa Clara, California, went public in 2013.. Elliott Management, a hedge fund led by Paul Singer, now Gigamon's top shareholder, said it may also suggest potential changes in the company's operations and management, among other possible moves. A smaller hedge fund called Foglamp Capital, said in a statement provided to Reuters that the "...

  • NEW YORK, May 8- Hedge fund investor Keith Meister of Corvex Management LP on Monday kicked off the year's most prominent investment conference by laying out the case for CenturyLink Inc shares, which he believes have an upside of 43 percent. Fine Capital Partners founder Debra Fine said she sees the fair value of DHX Media's shares at C $20 to C $30 and the...

  • Hedge funds cut their net long position in the three main futures and options contracts linked to Brent and WTI by 97 million barrels in the week to May 2. Fund managers now have the smallest net long position in crude futures and options since OPEC announced its production-cutting deal on Nov. 30. The ratio was also the lowest since the OPEC deal was announced and...

  • People walk through a nearly empty shopping mall on March 28, 2017 in Waterbury, Connecticut.

    The inability to pay looming, massive debt bills is dealing the final death blow to many retailers, but only after years of decline.

  • Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

    Ultra-wealthy private equity managers lamented their reputation as 'lousy' corporate profiteers at a plush Beverly Hills hotel on Tuesday.

  • LONDON, May 2- Hedge funds are losing faith that OPEC can accelerate the rebalancing of the oil market even if the group agrees to extend output cuts when it meets later this month. The number of long positions has fallen to the lowest level since before OPEC announced its output agreement on Nov. 30. Fund managers have become less bullish despite increasingly...