Investing Private Equity

  • Dec 10- Hedge fund SQN Investors LP, one of Yelp Inc's top five shareholders, on Monday called for an overhaul of the local search and customer review company's board and the appointment of new independent directors, blaming it for underperformance. Shares of the San Francisco- based company have fallen about 18 percent this year. The hedge fund said the company's...

  • Dec 10- Hedge fund SQN Investors LP, one of Yelp Inc's top five shareholders, on Monday called for an overhaul of the local search and customer review company's board and the appointment of new independent directors, blaming it for underperformance. Shares of the San Francisco- based company have fallen about 18 percent this year. The hedge fund said the company's...

  • LONDON, Dec 3- Hedge fund managers had largely completed the recent wave of selling in crude oil futures and options by the middle of last week but there were heavy sales of derivatives linked to middle distillates. Hedge funds and other money managers were net sellers of 41 million barrels in the six most important futures and options contracts linked to...

  • BOSTON, Nov 30- Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year.

  • Nov 28- Sears Holdings Corp Chairman Eddie Lampert's hedge fund and Cyrus Capital Partners LP are preparing a potential takeover bid to keep the bankrupt retailer running, Bloomberg reported https://www.bloomberg.com/news/articles/2018-11-28/sears-head-lampert-said-to-te a m- w i t h- c y r u s- o n- p o s s i b l e- t a k e o v e r? s r n d= m a r k e t s- v p on Wednesday.

  • LONDON, Nov 27- A couple of weeks ago it was 10- year Treasuries, last week 5- year bonds: hedge funds are shifting their view of the Fed and U.S. interest rates by magnitudes rarely seen before. Speculators on U.S. futures markets slashed their bearish bets on 5- year Treasuries last week by the fifth largest amount since the Commodity Futures Trading Commission...

  • NEW YORK, Nov 20- Hedge fund Elliott Management on Tuesday asked Mitek Systems Inc to scrap a so-called "poison pill" to let it buy more stock and said it may press for board changes after the software company took steps to protect itself from the activist investor. Elliott is increasing the pressure on San Diego- based Mitek at a time when software company ASG...

  • Elliott is increasing the pressure on San Diego- based Mitek at a time that software company ASG Technologies, which the hedge fund owns, has been pushing to buy Mitek for $10 a share. Elliott wrote that ASG President and Chief Executive Charles Sansbury first approached Mitek about a possible takeover in August, roughly one week before the company announced...

  • Itamar Har-Even of Ion Pacific says a "massive wave" of capital coming into the private technology market has driven up valuations and expectations of companies.

  • A pedestrian passes in front of a David's Bridal Inc. store in New York, U.S., on Wednesday, Nov. 14, 2018. 

    Wedding dress retailer David's Bridal on Monday filed for Chapter 11 bankruptcy protection and said it plans to reduce debt by more than $400 million. 

  • LONDON, Nov 19- Hedge fund managers have exited from all the bullish positions in crude oil and fuels they accumulated in the second half of 2017 as the bull market has unwound. Upside price potential from Iran sanctions and prospective production cuts by OPEC is matched by downside risks from rapidly rising U.S. shale production and a deteriorating economic...

  • LONDON, Nov 19- A potentially huge shift is underway in the U.S. bond market, underscored by a historic swing in hedge fund positions: investors are beginning to think the U.S. economy is close to peaking and the Fed is near the end of its rate-raising cycle. Speculators on U.S. futures markets slashed their bearish bets on 10- year Treasuries last week by the largest...

  • A pedestrian passes in front of a David's Bridal Inc. store in New York, U.S., on Wednesday, Nov. 14, 2018. 

    David's Bridal said it plans to for bankruptcy in the "near future" as it grapples with a heavy debt load amid shifting consumer tastes in the wedding industry. 

  • Nov 15- Detour Gold Corp said on Thursday it agreed to name two of investor Paulson& Co's nominees to its board as it looks to end a proxy fight with the hedge fund that had called for a complete overhaul of the board. Billionaire John Paulson, the hedge fund's manager, said the company had failed to recruit and oversee a management team capable of operating its main...

  • Nov 13- U.S. hedge fund Elliott Management said on Tuesday Hyundai Motor Group was holding excess capital and that shareholder returns from the Korean automotive group were lagging industry standards. In a letter to the directors of the group, the fund called for return of excess capital to shareholders, a review of any and all non-core assets and addition of new...

  • LONDON, Nov 13- The likelihood of a hard Brexit, where the UK economy crashes out of the European Union without securing a trade deal, is rising once again. The latest Commodity Futures Trading Commission figures for the week ending Nov. 6 show funds increased their net short sterling position by 4,317 contracts to 56,799 contracts. And if the UK political backdrop...

  • LONDON, Nov 12- Hedge funds have sold the equivalent of almost half a billion barrels of crude oil and refined products in the last six weeks, as worries about slowing demand replaced earlier concern over sanctions on Iran. Hedge funds and other money managers cut their combined net long position in the six major petroleum futures and options contracts by...

  • LONDON, Nov 12- British Brexit minister Dominic Raab's "thumbs up" after a cabinet meeting on talks with the European Union was all sterling needed to jump nearly half a percent last Tuesday. A story buried on the 14th page of the Times newspaper at the start of November about Britain and the EU sealing a deal on financial services sent the pound to its biggest...

  • LONDON, Nov 12- Hedge funds have sold the equivalent of almost half a billion barrels of crude oil and refined products in the last six weeks, as worries about slowing demand replaced earlier concern over sanctions on Iran. Hedge funds and other money managers cut their combined net long position in the six major petroleum futures and options contracts by...

  • Habib Al Mulla, executive chairman of Baker & McKenzie Habib Al Mulla, says regulators would have brought charges against Abraaj or its directors if there were any wrongdoings.