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Investing Private Equity

  • A Reuters analysis of filings with the U.S. Securities and Exchange Commission showed that Coatue Management, Omega Advisors, Third Point, Tiger Global Management, Appaloosa Management, Paulson& Co, Soros Fund Management and Greenlight Capital in aggregate slashed 16 stakes, sold two stakes, increased six stakes, opened two new stakes, and maintained two...

  • NEW YORK, Aug 14- Hedge-fund manager David Tepper, known for taking positions in out-of-favor companies in his Appaloosa Management hedge fund, added stakes in embattled Wells Fargo Co and several energy companies in the second quarter as the price of oil fell, according to quarterly filings released Monday. In addition to energy and financial companies,...

  • NEW YORK, Aug 14- Several big-name hedge fund investors trimmed their stakes in healthcare companies in the second quarter as the sector led the broad U.S. stock market higher, rallying amid a Republican effort to repeal and replace President Obama' s signature healthcare law. Jana Partners sold all of its shares in nine healthcare companies, ranging from...

  • NEW YORK, Aug 14- U.S. hedge fund managers were active in the FAANG group of high-flying tech stocks in the second quarter, with Third Point increasing its stake in two of the companies and Omega Advisors trimming stakes in three, regulatory filings showed. Daniel Loeb's Third Point increased its stake in Alphabet by 120,000 class A shares to 575,000 and increased...

  • Aug 14- Activist investor Pershing Square Capital Management LP said on Monday the chief executive of Automatic Data Processing Inc had "unfairly characterized" their interactions in an effort to make the hedge fund's requests "appear unreasonable". Pershing, led by billionaire investor William Ackman, said on Monday it had not sought effective control of ADP...

  • NEW YORK, Aug 14- Several big-name hedge fund investors trimmed their stakes in healthcare companies in the second quarter as the sector led the broad U.S. stock market higher, rallying as Republican efforts to repeal and replace President Obama' s signature healthcare law dimmed. New York- based Jana Partners sold all of its shares in nine healthcare companies,...

  • LONDON, Aug 14- "If at first you don't succeed, try, try, try again," goes the proverb used to encourage students. Hedge funds and other money managers raised their net long position in the three major futures and options contracts linked to Brent and West Texas Intermediate to 705 million barrels in the week to Aug. 8. Fund managers have boosted their net long position in...

  • NEW YORK, Aug 13- For the oil-trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads. Commodity hedge funds have dwindled in recent years as oil prices slumped, leaving only a...

  • AMSTERDAM, Aug 10- Akzo Nobel does not have to let shareholders vote on whether to dismiss its chairman, a Dutch court ruled on Thursday, handing the paint company another victory in its battle with U.S. activist investor Elliott Advisors. Elliott, Akzo's largest shareholder with a 9.5 percent stake, holds Chairman Antony Burgmans responsible for Akzo's...

  • Aug 10- Valeant Pharmaceuticals International Inc investor John Paulson trimmed his stake in the Canadian drugmaker but said he remains fully supportive of the company's leadership. New York- based hedge fund Paulson& Co cut its stake to 6 percent from 6.3 percent, reported in June, due to rebalancing of its portfolios based on asset flows.

  • The Ontario Securities Commission entrance on the 17th floor.

    The Wall Street Journal reports that at least four people have filed complaints with the Ontario Securities Commission.

  • LONDON/ BOSTON Aug 9- Hedge fund firm Pine River Capital Management's flagship fund has lost about 68 percent of its assets in the 12 months to July, according to data compiled by HSBC. Assets in the multi-strategy fund dropped from $2.99 billion in July 2016 to $960 million in July 2017, the data showed. Minnetonka, Minnesota-headquartered Pine River, which also...

  • Roger McNamee

    McNamee says he's become "terrified" of damaging, unhealthy practices of Facebook and Google.

  • Detail of a Razer gaming mouse, taken on March 2, 2016.

    An early backer of gaming start-up Razer wasn't initially delighted with its business proposition.

  • LONDON, Aug 7- Hedge funds and other money managers are becoming bullish again about oil prices, for the third time this year, as investors conclude the market is showing clear signs of rebalancing. Hedge funds raised their combined net long position across the five major futures and options contracts linked to petroleum prices by 135 million barrels in the week...

  • WILMINGTON, Del., Aug 7- Puerto Rico's bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Puerto Rico is barred from traditional municipal bankruptcy protection under Chapter 9 of the U.S. code. Aurelius owns around $3 billion of debt guaranteed by Puerto Rico's constitution.

  • LONDON, Aug 7- Hedge funds and other money managers are becoming bullish again about oil prices, for the third time this year, as investors conclude the market is showing clear signs of rebalancing. Hedge funds raised their combined net long position across the five major futures and options contracts linked to petroleum prices by 135 million barrels in the week...

  • TOKYO, Aug 7- U.S. hedge fund King Street Capital Management owned a stake of 5.81 percent in Toshiba Corp as of July 31, according to a Japanese securities filing by the fund. King Street Capital bought the stake for investment purposes, the filing said. Shares in Toshiba jumped 6 percent on Monday following media reports that the firm may gain a partial endorsement...

  • Aug 4- Automatic Data Processing Inc said hedge fund Pershing Square Capital Management is seeking effective control of the HR services provider by nominating five directors to its board. The hedge fund, controlled by billionaire investor William Ackman, has also urged the company to replace its Chief Executive Carlos Rodriguez. "Ackman requested that ADP...

  • NEW YORK, Aug 2- Beechwood, a group of reinsurance and asset management companies, has been sold after it lost clients and suffered a bruised reputation when hedge fund firm Platinum Partners collapsed amid federal investigations and fraud charges, a person familiar with the matter told Reuters. Beechwood, which managed $2.4 billion in assets in 2015, has said...