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  • NEW YORK, Sept 19- David Stemerman is winding down his hedge fund firm to explore a run for governor of Connecticut, according to a letter sent to clients of Conatus Capital Management LP on Tuesday. "Connecticut home to my family and business is in crisis," Stemerman wrote in the note, which was viewed by Reuters. The next election for governor in Connecticut is in...

  • BOSTON, Sept 18- The number of hedge funds closing their doors this year is slowing as investors add new money and performance improves. Notable funds that have gone out of business this year include Eric Mindich's Eton Park Capital Management. More recently, John Burbank's Passport Capital announced plans to shut its long-short equity fund.

  • *Anglo American popular with hedge funds. LONDON, Sept 18- Hedge fund investment in the metals industry is at its highest since 2011, according to investment data, a sign that investors are hoping to profit from a rise in prices that have spent years in the doldrums. That oversupply crisis led to the closure of some specialist metals hedge funds, including those run...

  • *Anglo American popular with hedge funds. LONDON, Sept 18- Hedge fund investment in the metals industry is at its highest since 2011, according to investment data, a sign that investors are hoping to profit from a rise in prices that have spent years in the doldrums. That oversupply crisis led to the closure of some specialist metals hedge funds, including those run...

  • LONDON, Sept 18- Hedge funds continue to wager on a shortage of refined fuels driving prices higher, even as U.S. refineries gradually restart operations in the aftermath of Hurricane Harvey. Hurricane-related flooding caused extensive disruption to the major U.S. refining centre along the Gulf of Mexico in the first half of September. Hedge funds and other...

  • LONDON, Sept 15- Scottish hedge fund manager Hugh Hendry, famed for his combative style, is shutting the fund he founded 15 years ago after two back-to-back years of losses, according to a letter to investors seen by Reuters. At its peak in 2013, Eclectica Asset Management had $1.3 billion in assets under management, before several years of outflows coinciding...

  • Risks such as North Korea are getting swept aside by the tide of global liquidity, says Jeremy Coller, chairman & CIO, Coller Capital.

  • Sept 14- Hedge fund D.E. Shaw& Co LP on Thursday urged EQT Corp, which is buying Rice Energy Inc in a $6.7 billion deal, to split into two parts after the deal and to speed up efforts to boost the company's stock price. The move marks a rare activist stance taken by the $40 billion hedge fund and pits it next to activist fund Jana Partners, which is urging EQT to scrap the Rice...

  • Sept 14- Hedge fund D.E. Shaw& Co LP on Thursday urged EQT Corp, which is buying Rice Energy Inc in a $6.7 billion deal, to split into two parts after the deal and to speed up efforts to boost the company's stock price. The move marks a rare activist stance taken by the $40 billion hedge fund and pits it next to activist fund Jana Partners, which is urging EQT to scrap the Rice...

  • Sept 14- Hedge fund D.E. Shaw& Co LP said on Thursday that EQT Corp, which is buying Rice Energy Inc in a $6.7 billion deal, should split itself into separate production and midstream units. Shaw, which owns about 4 percent in EQT, also urged the company to merge its pipeline business with Rice's pipeline Master Limited Partnership, Rice Midstream Partners LP.

  • Most PE firms are taking on more responsibility in environmental, social and governance issues for the better, saysRavi Thakran, managing partner and chairman, L. Catterton Asia.

  • A Nordstrom store in Irvine, California

    Leonard Green's talks with Nordstrom is the uncommon example of a private equity firm taking a minority stake in a leveraged buyout.

  • Customers exit Nordstrom

    Leonard Green would provide Nordstrom family members with roughly $1 billion in equity to help fund the deal, sources say.

  • Retail malls are going to evolve: Starwood Capital'sBarry Sternlicht

    The biggest problem with malls is apparel, says Barry Sternlicht, Starwood Capital Group chairman and chief executive officer, sharing his thoughts on the future of malls and weighing in on special purpose acquisition companies versus going public.

  • Nordstrom nears partnership to take store private

    The Nordstrom family is close to a deal with private equity firm Leonard Green to take the retailer private.

  • Customers exit Nordstrom

    Leonard Green would provide the Nordstrom family members with roughly $1 billion in equity to help fund the deal, sources said.

  • TPG Capital's James Coulter: Buyout is just a tool, I'm an investor

    James Coulter, TPG Capital co-founder, speaks with CNBC's David Faber at Delivering Alpha about the state of private equity.

  • Cars drive by the Nasdaq headquarters in New York City.

    Ancestry says it expects $1 billion in revenue this year, a growth rate of about 30 percent.