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Hedge Funds Private Equity and Hedge Funds

  • *Italy election due on March 4. *PIMCO neutral on Italy, flags relative value. Italy goes to polls on March 4 and although anti-establishment party 5- Star Movement is riding high in the polls, a euro zone economic recovery has scotched political worries that troubled the market this time last year.

  • Why is this major pension fund investing in India?

    India stands to become the largest growth engine in the world, says Suyi Kim of the CPPIB, which has invested 600 billion Canadian dollars in the country.

  • LONDON, Jan 16- Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying. Hedge funds boosted their net long position in the six most important futures and options contracts linked to crude and fuels by 67 million barrels to a record 1,399 million barrels...

  • Most of the cuts, which could start as early as Tuesday and continue through the week, are in Houston, home to a majority of the company's employees, according to two sources familiar with the matter. Hedge fund Elliott Management Corp last month launched an activist campaign against Hess, saying it was frustrated by the company's "continuing underperformance"...

  • BOSTON, Jan 16- Hedge fund manager David Einhorn told investors on Tuesday that he made a "large" bet on insurer Brighthouse Financial late last year, and had made money on General Motors but lost by shorting Amazon and Tesla. Einhorn's Greenlight Capital bought into Brighthouse, MetLife's former U.S. retail life-insurance business, at an average cost of $57.92,...

  • Most of the cuts, which could start as early as Tuesday and continue through the week, are in Houston, home to a majority of the company's employees, according to two sources familiar with the matter. Executives from the New York- based company's headquarters were flying to Houston on Tuesday to meet with employees. Hedge fund Elliott Management Corp last month...

  • HOUSTON, Jan 16- Hess Corp is cutting roughly 13 percent of its workforce and streamlining operations as it battles Elliott Management Corp, an activist hedge fund shareholder pushing for the U.S. oil and gas producer to post its first quarterly profit since 2014.. Most of the cuts, which could start as early as Tuesday and continue through the week, are in Houston,...

  • Jan 16- Round Hill Music Royalty Partners, a private equity firm which invests in the copyright of songs from artists such as The Beatles, The Rolling Stones and Bruno Mars, said on Tuesday it had raised $263 million for its second fund. Since launching in 2012, Round Hill has put to work roughly $250 million and generated more than $60 million in royalty income,...

  • LONDON, Jan 16- Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying. Hedge funds boosted their net long position in the six most important futures and options contracts linked to crude and fuels by 67 million barrels to a record 1,399 million barrels...

  • FRANKFURT, Jan 16- Private equity firm Permira has installed one of its partners as the new chief executive of German portfolio company TeamViewer, which it acquired in 2014, after the software company failed to find a buyer and its senior executives left last year. Several buyout funds had weighed rival bids for a potential $2 billion deal after Permira...

  • FRANKFURT, Jan 16- Private equity firm Permira has installed one of its partners as the new chief executive of German portfolio company TeamViewer, which it acquired in 2014, after the company failed to find a buyer and its senior executives left last year. Several buyout funds had weighed rival bids for a potential $2 billion deal after Permira initiated a...

  • LONDON, Jan 15- GKN faces pressure to open takeover talks with suitor Melrose Industries from U.S. activist investor Elliott, which disclosed a stake in the British engineering company just days after it rejected a 7 billion pound bid. It comes after FTSE 100- listed GKN spurned a 405 pence- a-share unsolicited paper-and-cash bid from Melrose on Jan. 12 on the...

  • LONDON, Jan 15- The direction fast money is flowing at the start of the year could not be clearer as hedge funds and speculators ramp up their bets on a lower dollar and higher U.S. bond yields. Most of these bets are currently in the money. Data from the Chicago Futures Trading Commission show that hedge funds' and speculative accounts' short dollar position against a...

  • Jan 12- Hedge fund D.E. Shaw& Co has built an active stake in home improvement chain Lowe's Cos Inc, CNBC reported on Friday, citing sources. D.E. Shaw is concerned about Lowe's performance relative its peers and is not pushing for consolidation with another home retailer at this time, according to the report. Lowe's shares touched a record high of $102.28 in...

  • BOSTON, Jan 12- Wall Street investor Barry Rosenstein's new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings. The founder of JANA Partners has tapped British musician and activist Sting to sit on the new fund's advisory board and...

  • HOUSTON, Jan 12- Legendary investor T. Boone Pickens said on Friday he had closed his Dallas- based energy hedge fund after health and financial upsets, the latest oil-focused fund to report setbacks. Pickens' fund, which he formed in 1996, struggled with its oil bets and assets fell well below a peak of $2 billion in 2007, said Jay Rosser, vice president at BP Capital.

  • FORT WORTH, Texas— Oil tycoon T. Boone Pickens, who is recovering from a series of strokes and a fall last year, said Friday that he is closing his Dallas energy-focused hedge fund after what he described as "one hell of a roller coaster ride." Slumping oil and natural gas prices knocked him off Forbes magazine's rich list in 2013.. "I've seen oil prices bounce around from...

  • A homeless man rests along Wall Street in front of the New York Stock Exchange in New York City.

    Ray Dalio, one of the few hedge fund managers who sailed through the 2008 crash, explains why economics is taking a backseat to politics.

  • AMSTERDAM, Jan 10- Akzo Nobel, the maker of Dulux paint, is continuing talks with three to four possible buyers of its specialty chemicals division, a spokesman said on Wednesday. Andrew Wood said the company still planned to either sell or seek a separate stock market listing for the division by mid-April. On Tuesday, Bloomberg News reported that private equity...

  • LONDON, Jan 10- Alibaba, Tencent and AAC Technologies helped Hong Kong- based Oceanwide Asset Management make gains of 43 percent last year in its China equities hedge fund. Two out of the top-five were computer-driven strategies, including Swiss asset manager GAM Systematic Cantabs CCP Quantitative Fund, which made 31 percent last year. Five of Sloane...