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Investing Private Equity

  • Feb 14- U.S. hedge fund Elliott Management Corp has dissolved its stake in advertising company Interpublic Group of Companies Inc, a regulatory filing showed on Tuesday. In July 2014, the hedge fund run by Paul Singer said it had bought a 6.7 percent stake in Interpublic. http://reut.rs/2kR2D8Y. A 13- F fling with U.S. regulators on Nov. 14, 2016, showed Elliott held a...

  • NEW YORK, Feb 14- Top U.S. hedge funds trimmed bets on a group of closely-watched technology stocks in the fourth quarter in an apparent effort to cut their losses following Donald Trump's U.S. presidential election victory, regulatory filings showed. An analysis of nine hedge funds, including Leon Cooperman's Omega Advisors and Daniel Loeb's Third Point,...

  • Softbank is reinventing the wheel: Expert

    Jesper Koll, CEO of WisdomTree Japan KK, says Softbank is leapfrogging into the asset management space.

  • NEW YORK, Feb 14- Several big-name U.S. hedge fund investors in the fourth quarter moved significant parts of their portfolios into financial and pharmaceutical stocks that are expected to benefit under the Trump administration, helping to power the sector to its best January performance in four years. Omega Advisors, run by Leon Cooperman and Steven Einhorn,...

  • NEW YORK, Feb 14- Activist hedge funds recovered from a slow start last year, ending 2016 with sharp gains, spurred by a stock rally that followed the U.S. presidential election. Hedge fund managers who exclusively or partially manage an activist portfolio of stocks cited the election of President Donald Trump as a year-end boost and a likely tailwind for 2017,...

  • NEW YORK, Feb 14- Activist hedge funds recovered from a slow start last year, ending 2016 with sharp gains across the sector, spurred by a stock rally that followed the U.S. presidential election. Hedge fund managers that exclusively or partially manage an activist portfolio of stocks cited the election of President Donald Trump as a year-end boost and a likely...

  • BOSTON, Feb 14- Hedge fund manager Beau Taylor, who was originally backed by the Blackstone Group, and private equity investor Robb Turner are forming Madava Asset Management LLC, a new firm that will focus on energy investments. Trevor Woods, who has worked with Taylor since co-founding the hedge fund Taylor Woods in February 2011, is not joining the new firm,...

  • EM consumers and impact investing

    Jim Roth, co-founder of LeapFrog Investments, explains how the fund pursues a "profit with purpose" strategy.

  • NEW YORK/ LONDON, Feb 8- Goldman Sachs Investment Partners, which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting staff members to New York, four sources told Reuters. About eight staff members who made up the London team were recently told to move to the Battery Park City...

  • Feb 8- Activist hedge fund Marcato Capital Management LP reported a 6 percent stake in Deckers Outdoor Corp, saying the footwear and apparel maker's shares were "undervalued" and an "attractive investment". Marcato Capital said it intends to hold discussions with Deckers regarding its business, strategies and other matters. Deckers shares were up more than 9...

  • NEW YORK, Feb 8- Private equity firm Carlyle Group L.P. posted sharply lower-than-expected fourth-quarter earnings on Wednesday following losses in its hedge fund businesses that it has since exited. Washington, D.C.- based Carlyle said it took a charge of $175 million in its former hedge fund Vermillion Asset Management due to "misappropriation of petroleum...

  • NEW YORK, Feb 8- Private equity firm Carlyle Group L.P. posted sharply lower-than-expected fourth-quarter earnings on Wednesday after taking losses on a hedge fund business that it has since exited. That translated to earnings of 2 cents per share, down from 24 cents a year earlier. "Obviously we are disappointed with the losses in our hedge fund business," Carlyle...

  • Financial traders at the Frankfurt Stock Exchange

    European equities are set to become the big winners as policy makers try to revive inflation, according to a BlackRock report.

  • BOSTON, Feb 7- The United States has been home to the world's biggest hedge funds, but the industry's most consistent strong performers generally hail from other nations, according to data released on Tuesday. Mauritius- based Arcstone Capital's Passage to India Opportunity Fund, Great Britain- based Stratton Street Capital's Japan Synthetic Warrant Fund and...

  • LONDON, Feb 7- Hedge funds have accumulated a large net long position in crude oil futures and options but the size of the position and its implications for future movements in prices are disputed. Hedge funds and other money managers had accumulated a net long position in the three main futures and options contracts linked to Brent and West Texas Intermediate...

  • The new firm, PAAMCO Prisma Holdings, plans to offer alternative investment strategies for individual investors through mutual funds, exchange traded funds and closed-end funds, tapping into a hot segment at a time when less-affluent investors want to diversify their portfolios with funds that used to be reserved for the super wealthy.

  • Feb 6- KKR& Co LP said on Monday it would merge its hedge fund KKR Prisma with institutional investment firm PAAMCO to form an investment company with more than $30 billion in assets. The combined business will be jointly run by PAAMCO Chief Executive Jane Buchan and KKR Prisma co-founder Girish Reddy, KKR said. PAAMCO manages over $10 billion in discretionary...

  • LONDON, Feb 6- Hedge funds have accumulated a record bullish position in crude futures and options, betting on further price rises, but the lopsided nature of the positioning has become a key source of risk in the oil markets. The ratio of long to short positions has reached almost 9: 1, the most bullish since May 2014, when Islamic State fighters were racing across...

  • *Over 1 bln euros of new Italy issuance bought by industry. LONDON, Feb 3- Some hedge funds who shunned or bet against European government bonds only three months ago are buying again as a sharp rise in yields offers them returns after a lacklustre 2016 for the industry. "We hear diverging opinions," said Pacome Breton, head of portfolio management at hedge fund...

  • Disruption under Trump

    CNBC's Julia Boorstin reports on how venture capitalists and private equity are looking to invest in disruptors under the new Trump administration.