Wednesday, 1 October 2014
Last updated 2 hours ago
Oct 1 2014 | 11:07am ET
Pershing Square Capital Management has raised more than US$3 billion for a listed hedge fund vehicle that will begin trading in two weeks.
Pershing Square Holdings’ initial public offering garnered US$2.73 billion, founder William Ackman said.
Oct 1 2014 | 11:56am ET
Hedge funds lost ground across the board last month according to a set of industry beta indices.
Oct 1 2014 | 11:42am ET
Perella Weinberg Partners has closed its PWP Growth Equity fund with $600 million.
Oct 1 2014 | 11:04am ET
Citigroup’s exile from hedge-fund sales has proven short-lived.
Oct 1 2014 | 11:03am ET
The roommate of a former Pershing Square Capital Management analyst has been hit with insider-trading charges for allegedly telling another friend about the hedge fund’s planned campaign against Herbalife.
Oct 1 2014 | 11:02am ET
A court has blocked a group of hedge funds’ efforts to stop the federal government’s seizure of the profits of Fannie Mae and Freddie Mac.
Oct 1 2014 | 11:01am ET
Chenavari Investment Managers’ Toro Capital fund didn’t wilt in the August heat.More News
Sep 30 2014 | 7:07am ET
Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch one focused on the legal cannabis space actually began with a trip to the casino.
Sep 29 2014 | 3:07pm ET
As a former finance professor Peter Hecht experiences heartburn every time he hears the investment community criticize hedge funds for not keeping up with the S&P 500. It is the same type of heartburn he felt when investors thought hedge funds demonstrated skill when they outperformed the S&P 500 in 2008. According to Hecht, both comments reflect a fundamental misunderstanding on how to evaluate hedge funds…or any new investment.
Sep 22 2014 | 9:29am ET
Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel founder and CEO just gave another $1 million to the Illinois gubernatorial campaign of Republican Bruce Rauner.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...