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Och-Ziff Capital Management Suffers $13B in Redemptions In Past 13 Months

Feb 15 2017 | 8:43pm ET

 Investors pulled some $13 billion from beleaguered Och-Ziff Capital Management over the past 13 months as the hedge fund manager dealt with the fallout of a five-year bribery investigation and very expensive settlements with the U.S. Justice Department and the SEC.

 

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Kraft Heinz Offer For Unilever Already Paying Dividends For Hedge Funds

Feb 17 2017 | 9:55pm ET

Kraft Heinz’s unsolicited $143 billion offer for rival Unilever on Friday has already proven fruitful for hedge funds holding long positions in the consumer products companies. 

Acting SEC Chair Piwowar Begins Scaling Back Enforcement Division's Subpoena Powers

Feb 17 2017 | 5:43pm ET

The acting chair of the U.S. Securities and Exchange Commission has begun limiting the agency's enforcement division's ability to initiate investigations and issue subpoenas, a steep departure from the post-crisis policy initiated in 2009 by then-chair Mary Schapiro.

S&P Global Intelligence: Hedge Funds Sold Energy, Consumer Discretionary and Healthcare in Q4/16

Feb 17 2017 | 5:31pm ET

Hedge funds sold energy, consumer discretionary and healthcare stocks in 2016’s fourth quarter while favoring financials and technology companies, according to the latest edition of the S&P Global Market Intelligence Hedge Fund Tracker.

OCIO Specialist Hirtle Callaghan Taps Eagan for West Coast Push

Feb 17 2017 | 5:06pm ET

Outsourced CIO pioneer Hirtle Callaghan has announced the formation of a new office in San Francisco and the appointment of former AllianceBernstein executive Dan Eagan as a director in its portfolio management group. 

Landsdowne Partners Dips in January on BT Group Slide

Feb 17 2017 | 4:57pm ET

Despite performance gains in broad hedge fund benchmarks since the start of the year, London-based Landsdowne Partners was down again in January after ending 2016 with a significant loss. 

Goldman Sachs Selected as 2017 HFC Honoree

Feb 17 2017 | 4:16pm ET

Goldman Sachs has been named as the 2017 Finance Industry Honoree by Help For Children / Hedge Funds Care in recognition of the company’s long standing commitment to the foundation’s mission of preventing and treating child abuse.

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In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the four P’s – people, process, performance and philosophy – customized to suit each investor’s particular style or requirements. However, due diligence practitioners are often heavily influenced by four commonly-held fallacies, writes PivotalPath managing principal Jonathan Caplis, that can impact proper fund selection and evaluation, as well as unnecessarily skew conclusions.

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