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Investing Private Equity

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Sept 22- Automatic Data Processing Inc rejected billionaire hedge fund manager William Ackman's request to use a universal proxy card during the human resources outsourcing company's annual shareholder meeting. ADP shareholders are expected to elect new board members at the company's annual meeting on Nov. 7. Ackman, whose hedge fund Pershing Square...

  • Hudson's Bay's executive chairman is trying to raise equity to fund a take-private of the company, sources familiar with the situation said Friday.

  • A package of ConAgra Foods' Hebrew National brand beef franks.

    Orville Redenbacher’s popcorn owner Conagra has reached a deal to buy Angie's Boomchickapop popcorn.

  • A bag of ConAgra Foods' Orville Redenbacher's brand popping corn.

    Orville Redenbacher’s popcorn owner Conagra is nearing a deal to buy Angie's Boomchickapop popcorn.

  • *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...

  • The deal is Albertsons' first big strategic move since Amazon's acquisition of Whole Foods Market earlier this year.

  • The ultra-wealthy are allocating more of their money to equities and less to hedge funds and real estate, a survey found.

  • 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.