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  • BOSTON, April 6- Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said. The numbers put the New York- based firm, which manages roughly $6 billion in its hedge fund, among the year's worst performers, a rare misstep for...

  • BOSTON, April 6- Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said. For the New York- based firm, which manages roughly $6 billion in its hedge fund, the numbers put it among the year's worst performers, marking a...

  • BOSTON/ NEW YORK, April 5- For hedge fund titan John Paulson, history may be repeating itself. The Paulson Partners fund, which bets on corporate events such as mergers, is down 7.7 percent in 2016 through February, according to a person familiar with the returns. The Paulson Advantage Plus Fund lost 11.24 percent in the first two months of the year.

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the $550 million BBL Commodities Value Fund...

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the energy-focused $550 million BBL...

  • BOSTON, April 1- Cider Mill Investments joined the $2.9 trillion hedge fund industry on Friday when founder Tom Wilcox, a former executive at Shumway Capital, officially began trading the newly established firm's $150 million in assets after years of managing his personal money. A spokeswoman for Cider Mill declined to comment. For Wilcox the launch marks a...

  • April 1- Hedge fund Appaloosa LP revealed a higher stake in TerraForm Power Inc, one of the two publicly listed units of SunEdison Inc, as it pursues an overhaul of a committee that oversees TerraForm shareholder rights. Billionaire David Tepper- led hedge fund said on Friday it owned 10.88 percent in TerraForm as of March 29, higher than the 9.50 percent it held as...

  • Andrew Caspersen (R) departs after a hearing at the U.S. Federal Court in New York March 28, 2016

    Andrew Caspersen's fraud arrest comes 6 1/2 years after his dad Finn killed himself amid a reported tax evasion probe.

  • LONDON, March 29- Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel. The net long position has passed the previous peak of 572 million barrels, set in May 2015, and is closing in on the record of 626 million, set in June 2014, when...

  • Microsoft

    Microsoft execs have been meeting with private equity firms mulling bids to buy Yahoo and may finance their efforts, Re/code reports, citing sources.

  • BOSTON, March 24- Billionaire investor William Ackman, whose hedge fund is one the of the biggest investors in drug company Valeant, has been asked to supply information to U.S. legislators probing price hikes in the pharmaceutical industry. Ackman told investors in his Pershing Square Capital Management on Thursday that the firm received a request on Friday...

  • NEW YORK, March 24- A New York hedge fund founder who before turning age 30 lost nearly all of the roughly $57 million he oversaw in less than three weeks is expected to be sentenced to five years in prison after pleading guilty to fraud, a federal judge wrote. Owen Li, the founder of Canarsie Capital LLC, is also expected to be required to pay $56.8 million of...

  • NEW YORK, March 24- Hedge funds may have taken too big a bite of Apple Inc.. Shares of the iPhone maker are one of the biggest bets among hedge funds, with 47 of them listing Apple among their ten largest holdings as of the end of 2015, according to a report from Goldman Sachs on March 18. Shares of Apple fell 6.5 percent on Jan. 27, the day after the company reported its...

  • BOSTON, March 23- Rhode Island's state pension fund was urged to pull millions of dollars out of Luxor Capital Partners after the hedge fund posted heavy losses for months, according to a memo seen by Reuters. Influential industry consultant Cliffwater, which advises on roughly $55 billion in alternative assets invested in hedge funds, recommended that the...

  • RHODE ISLAND STATE PENSION TOLD TO DROP HEDGE FUND LUXOR CAPITAL PARTNERS-MEMO.

  • WL Ross acquires Nexeo for $1.575B

    Wilbur Ross, WL Ross Holding Co. CEO, provides insight to the deal to buy chemical and plastics distributor Nexeo Solutions.

  • March 18- Hedge funds wounded by recent stock market gyrations may struggle to pressure companies and reap the benefits of their activist campaigns, lawyers and bankers at Tulane Law School's corporate law conference in New Orleans said this week. Ackman's Pershing Square, battered by Valeant, is off 22 percent through the middle of March, while Nelson Peltz'...

  • NEW YORK, March 18- Paloma Partners, a $4- billion hedge fund that has spent much of the last three decades politely turning away would-be investors, is opening its doors, if only a crack to newcomers, three people familiar with the fund's plans said. Sussman, 69, is often called the hedge fund industry's grandfather who helped launch one of the world's biggest firms;...

  • NEW YORK, March 17- Billionaire investor William Ackman's already very bad week got worse on Thursday. "The fund's performance since we initiated the rating on PSH in May 2015 has been weaker than peers, in contrast to its stellar track record in previous years," S&P analysts wrote, noting that the fund lost money on 11 of 12 positions since October 2015.

  • TOKYO, March 17- Fixed income hedge funds are likely to have the worst quarter in their history in the three months to March 31, hit by a lack of market liquidity, Dan Fuss, a veteran fund manager known as the Warren Buffett of bonds, said on Thursday. Fuss, vice chairman and portfolio manager of Loomis Sayles, which oversaw $229.1 billion as of Dec. 31, said regulations...