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Investing Private Equity

  • Feb 27- Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's hedge fund firm, and it was unclear on Monday how Icahn's interests will be represented at those companies going forward. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on...

  • LONDON, Feb 27- For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Since September 2009, the U.S. Commodity Futures Trading Commission has employed a four-way classification for all traders with reportable positions in crude oil.

  • Feb 27- Samuel Merksamer, who represents billionaire investor Carl Icahn on several corporate boards, has left the hedge fund firm Icahn Enterprises, according to an internal memo. The memo, sent internally at Icahn Enterprises in late December, did not give a reason for Merksamer's departure. According to his biographies on corporate websites, he sat on the...

  • Feb 27- Samuel Merksamer has left Icahn's hedge fund firm, according to an internal memo. He represents billionaire investor Carl Icahn on several corporate boards. According to his biography on corporate websites, he sat on the boards of American International Group Inc, Transocean Ltd, Navistar International Corp, Ferrous Resources Ltd, Hertz Global...

  • LONDON, Feb 27- For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Since September 2009, the U.S. Commodity Futures Trading Commission has employed a four-way classification for all traders with reportable positions in crude oil.

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • Tuesday's decision was a setback for hedge fund Perry Capital and other investors that sought to challenge the lower court's dismissal of lawsuits arguing the government's confiscation of profits was illegal. Major owners of the companies' preferred stock include Bruce Berkowitz's Fairholme Funds Inc, while William Ackman's Pershing Square Capital...

  • In early afternoon trading, Fannie Mae shares were down 26 percent at $3.06, while Freddie Mac fell 29 percent to $2.84. By a 2-1 vote, the U.S. Circuit Court of Appeals for the District of Columbia said a lower court had correctly barred claims that the government overstepped its authority in 2012 by eliminating dividend payouts to various shareholders and...

  • Feb 21- Luxury jewelry retailer Tiffany& Co said it would appoint three independent directors to its board in a deal with activist investor Jana Partners LLC. The company said it would add Roger Farah, a former co-chief executive of handbag maker Tory Burch, and James Lillie, a former CEO of Jarden Corp, to its board. Francesco Trapani, who owns an about 5.1 percent...

  • LONDON, Feb 20- Hedge funds and other money managers have amassed a very large bullish position in crude oil futures and options without so far having much impact on oil prices. The combined net long position has a notional valuation of more than $49 billion, which is the highest since July 2014. Fund managers now have the most bullish view on oil since the first half...

  • LONDON, Feb 20- Hedge funds and other money managers have amassed a very large bullish position in crude oil futures and options without so far having much impact on oil prices. The combined net long position has a notional valuation of more than $49 billion, which is the highest since July 2014. Fund managers now have the most bullish view on oil since the first half...

  • Feb 16- Ashford Hospitality Prime Inc. has reached an agreement with hedge fund Sessa Capital to add two directors to the real estate investment trust's board. The agreement ends a long feud between the company and the hedge fund, which launched a proxy fight against it last year and was close to launching another before the two sides entered settlement talks.

  • PARIS, Feb 16- Hedge fund operator TCI Fund Management said on Thursday it had the support of several other investment firms in its protest against aero engines maker Safran's agreed bid for seats manufacturer Zodiac Aerospace. But we are not looking to act in concert with them, "said TCI partner Jonathan Amouyal, speaking to Reuters by telephone.

  • NEW YORK, Feb 15- Morgan Stanley's chief U.S. equity strategist, Adam Parker, is leaving the company, according to an internal memo seen by Reuters on Wednesday. Parker is joining hedge fund Eminence Capital, according to a person familiar with the matter. Peter Santoro, who had been head of global equities trading, is leaving for Millennium Partners, Reuters...

  • NEW YORK, Feb 15- Morgan Stanley's chief U.S. equity strategist, Adam Parker, is leaving the firm, according to an internal memo from the company on Tuesday seen by Reuters. Parker is joining hedge fund Eminence Capital as its director of quantitative strategy, according to a person familiar with the matter who declined to be identified because the matter was...

  • 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,...