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Hedge Funds Private Equity and Hedge Funds

  • BOSTON, Jan 9- A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay for lavish personal expenses like a sports car and to engage in a Ponzi-like scheme. Yasuna Murakami, who managed Cambridge, Massachusetts- based MC2 Capital Management LLC and another investment...

  • BOSTON, Jan 9- A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay for lavish personal expenses like a sports car and to engage in a Ponzi-like scheme. Yasuna Murakami, who managed Cambridge, Massachusetts- based MC2 Capital Management LLC and another investment...

  • Jan 9- Akamai Technologies Inc is working with Morgan Stanley to explore strategic alternatives including a sale, Bloomberg reported on Tuesday, citing people familiar with the matter. Shares of the company, which helps speed up content delivery over the internet, were up 2 percent at 67.18 in afternoon trading. Hedge fund Elliott Management disclosed a 6.5...

  • HONG KONG, Jan 9- U.S. private equity firm Warburg Pincus LLC and Chinese growth capital fund Genesis Capital have invested $120 million in China's Zhangmen, the online tutoring company said on Tuesday. This is the sixth round of financing and the largest Zhangmen has received, it said in a statement. Total revenue of the company exceeded 1 billion yuan in 2017..

  • LONDON, Jan 8- Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near term. Data from the Chicago Futures Trading Commission show that hedge funds and speculative accounts ramped up their net long euro positions by more...

  • NEW YORK, Jan 8- Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers' Retirement System pension fund said on Saturday that iPhone overuse could be hurting...

  • NEW YORK, Jan 8- Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers' Retirement System pension fund said on Saturday that iPhone overuse could be hurting...

  • NEW YORK, Jan 8- Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers' Retirement System pension fund said on Saturday that iPhone overuse could be hurting...

  • LONDON, Jan 8- Hedge funds have built record bullish positions in the middle distillates used as heating oil and diesel fuel even as they become more cautious about the outlook for crude following a blistering rally. Hedge funds and other money managers had amassed a record net long position of 92 million barrels in U.S. heating oil futures and options and 137...

  • NEW YORK, Jan 8- Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers' Retirement System pension fund said on Saturday that iPhone overuse could be hurting...

  • NEW YORK, Jan 8- Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and the California State Teachers' Retirement System pension fund said on Saturday that iPhone overuse could be hurting...

  • LONDON, Jan 8- An $11 billion burst of biotech bids in just four days has fuelled expectations of a 2018 surge in life science deals as large drugmakers shop for promising assets from smaller rivals. Celgene's up to $7 billion agreed takeover of Impact Biomedicines, Novo Nordisk's $3.1 billion offer for Ablynx and Takeda Pharmaceutical's plan to buy TiGenix for...

  • LONDON, Jan 8- Hedge funds have built record bullish positions in the middle distillates used as heating oil and diesel fuel even as they become more cautious about the outlook for crude following a blistering rally. Hedge funds and other money managers had amassed a record net long position of 92 million barrels in U.S. heating oil futures and options and 137...

  • Jan 8- Activist hedge fund Starboard Value LP criticized Israeli chipmaker Mellanox Technologies Ltd's 2018 targets on Monday, saying they were insufficient and too heavily reliant on revenue growth. In December, Mellanox had forecast low to mid-teens revenue growth in fiscal 2018, compared with an estimated 0.5 percent rise this fiscal, but a far cry from 19...

  • LONDON, Jan 8- Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near term. Data from the Chicago Futures Trading Commission show that hedge funds and speculative accounts ramped up their net long euro positions by more...

  • Jan 8- Activist hedge fund Starboard Value LP said on Monday Israeli chipmaker Mellanox Technologies Ltd's 2018 targets were insufficient and too heavily reliant on revenue growth. In December, Mellanox had forecast low to mid-teens revenue growth in 2018.. The targets are "not nearly enough" to offset years of poor performance and missed expectations,...

  • CAIRO/ DUBAI, Jan 7- Encouraged by Egypt's economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly optimistic about prospects for the North African country after years of political turmoil. Iyad Malas, a Dubai- based partner of private equity firm Gateway Partners, said Zohr "will be a game changer for...

  • CAIRO/ DUBAI, Jan 7- Encouraged by Egypt's economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly optimistic about prospects for the North African country after years of political turmoil. Iyad Malas, a Dubai- based partner of private equity firm Gateway Partners, said Zohr "will be a game changer for...

  • Atlantic Investment Management, which focuses on bets that inexpensive stocks will appreciate in value, posted a 16.4 percent gain in its Cambrian Global Fund. Both firms beat the industry average with industry tracking firm Hedge Fund Research reporting that the average hedge fund gained 7.6 percent through the end of November. December numbers have not...

  • *Previous landmark of $414 bln set in 2007. *Industry has over $1 trln to invest in companies. Jan 4- The global private equity industry raised a record $453 billion from investors in 2017, leaving it with more than $1 trillion to pour into companies and new business ventures, data from industry tracker Preqin showed on Thursday.