Investing Private Equity

  • NEW YORK, June 16- The hedge fund industry shrank in the first quarter, meaning fewer choices of funds for investors and those funds overseeing slightly less money, data released on Thursday showed. The industry managed $2.86 trillion at the end of the first quarter, down from $2.89 trillion at the end of 2015, research firm Hedge Fund Research reported.

  • NEW YORK, June 15- A portfolio manager at hedge fund Visium Asset Management LP was criminally charged on Wednesday with insider trading, in one of the biggest such cases since a 2014 court ruling made it harder for U.S. prosecutors to pursue them. Attorney Preet Bharara in Manhattan accused Sanjay Valvani of fraudulently making at least $25 million off tips from...

  • NEW YORK, June 15- A portfolio manager at hedge fund Visium Asset Management LP was criminally charged on Wednesday with insider trading, in one of the biggest such cases since a 2014 court ruling made it harder for prosecutors to pursue them. Attorney Preet Bharara in Manhattan, whose office announced the charges, accused Sanjay Valvani of trading on tips from a...

  • NEW YORK, June 14- U.S. hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union. New York- based Platinum told investors on a conference call on Tuesday that recent negative media attention and...

  • NEW YORK, June 14- SkyBridge Capital, a big investor in hedge funds, cut its stakes in portfolios managed by Daniel Loeb and John Paulson and exited funds of other prominent investors in the first quarter, a U.S. regulatory filing showed. The pullback was the largest at Loeb's $16.5 billion hedge fund Third Point, which a year ago had managed about 10 percent of the...

  • NEW YORK, June 14- Platinum Partners, the hedge fund firm linked to a New York City corruption scandal, is returning a majority of its assets to clients, according to a person familiar with the situation. New York- based Platinum told investors on a conference call on Tuesday that recent negative media attention and requests for the return of capital had forced it...

  • NEW YORK, June 13- A New York hedge fund manager who at age 28 lost nearly all $57 million he oversaw in less than three weeks was spared prison on Monday, as the judge recognized how quickly and thoroughly the defendant owned up to his crimes. Owen Li, the founder of Canarsie Capital LLC, was sentenced to probation by U.S. District Judge Robert Sweet in Manhattan,...

  • Trian's $2.5B GE bet

    In the case of GE, we consider ourselves "validation capital," says Peter May, Trian Fund Management, talking about peak activism and its investment in General Electric.

  • Verizon bidding $3B for Yahoo?

    Discussing the news that Verizon is planning to submit a second-round bid for Yahoo's core assets with Dennis Berman, Financial Editor at The Wall Street Journal, and Michal Lev-Ram, Fortune Senior Writer.

  • OIL BULL ANDY HALL'S ASTENBECK HEDGE FUND UP 5 PCT IN MAY, FOR THIRD STRAIGHT MONTH OF GAINS- INVESTOR LETTER.

  • BOSTON, June 6- Affiliated Managers Group Inc, a holding company for money management firms, said on Monday it will buy stakes in five hedge funds from Goldman Sachs Group Inc for $800 million, sparking a 3.5 percent jump in Affiliated Managers stock. AMG, which has been buying pieces of hedge funds for more than a dozen years, said the deal will boost its assets under...

  • People look portrait of Inspiring women entrepreneurs of Delhi, on November 15. 2014.

    Without backing from the family business or an inheritance, Indian women armed only with a big idea have won the funds to set up companies.

  • NEW YORK, June 3- U.S. prosecutors have agreed to a rare settlement refund of $6 million to hedge fund Diamondback Capital Management LLC after a ruling by a 2014 federal appeals court made pursuing insider trading cases tougher, according to court papers. Stamford, Connecticut- based Diamondback, which at one time had roughly $5 billion of assets under...

  • PROSECUTORS TO REFUND HEDGE FUND DIAMONDBACK CAPITAL MANAGEMENT $6 MLN INSIDER TRADING SETTLEMENT- COURT FILING.

  • Santelli: Welcome to the twilight zone global financial show

    CNBC's Rick Santelli discusses the latest action in the bond market, the U.S. dollar and ECB President Mario Draghi comments.

  • The Nasdaq in Times Square, New York.

    Nasdaq has always eyed the tech sector for new listings, but it’s also aiming at companies that don’t want to go public, CEO Robert Greifeld said.

  • June 1- It looks as if hedge fund activists engineer not just a short-term pop in target firms' stock prices but also long-term improvements in innovation. While studies have shown that news of an activist position in a stock leads to a 5 to 7 percent pop, some have argued that hedge funds are simply creating a short-term share price gain at the expense of long-term...

  • David Einhorn's Greenlight Capital dipped 1.9 percent in May, leaving the fund up 1.1 percent for the year so far. Daniel Loeb's Third Point Partners fund gained 1.7 percent in May and is up 1.5 percent for the year. Barry Rosenstein's Jana Partners fund gained 2.4 percent in May, but is nursing a 4.7 percent loss for the year.

  • David Einhorn's Greenlight Capital dipped 1.9 percent in May, leaving the fund up 1.1 percent for the year so far. Daniel Loeb's Third Point Partners fund gained 1.7 percent in May and is up 1.5 percent for the year. Barry Rosenstein's Jana Partners fund gained 2.4 percent in May, but is nursing a 4.7 percent loss for the year.

  • Pedestrians in front of the New York Stock Exchange.

    One private equity veteran says he can do deals and make loans the big banks cannot.