Wednesday, 23 July 2014
Last updated 7 hours ago
Jul 23 2014 | 1:07pm ET
JPMorgan Chase is in advanced talks to sell half of its interest in funds run by its private-equity arm in advance of a spin-off of that unit.
Lexington Partners and AlpInvest Partners are the probably buyers. The two would split about half of JPMorgan’s $4.5 billion investment in One Equity Partners’ funds.
Jul 23 2014 | 1:04pm ET
A federal judge yesterday gave Argentina a week to work out a deal with hedge-fund holdouts from its 2001 default—or face defaulting again.
Jul 23 2014 | 1:03pm ET
The basket options Renaissance Technologies used to save billions in taxes aren’t just a dodge but an “extremely important” part of its trading strategy, the hedge fund’s co-chief insisted yesterday.
Jul 23 2014 | 11:03am ET
“The company is pulling out all the stops today,” William Ackman said yesterday. “When there is really bad news like this, they will use all of the remaining fire power to buy back the stock to blunt the accusations.”
Jul 23 2014 | 11:01am ET
Citigroup has redeemed the last of its money invested in its former hedge fund unit.
Jul 23 2014 | 11:00am ET
Portugal’s troubled Banco Espirito Santo has gotten a lifeline from a major hedge fund.
Jul 23 2014 | 10:59am ET
Two banks rescued by hedge and private-equity funds during the financial crisis are set to merge in a deal that will see those saviors earn more than $3 billion.More News
Jul 23 2014 | 6:44am ET
While he’s always been a photographer, recent expeditions to Iceland, Ethiopia and beyond have given hedge-fund manager David Yarrow a clear shot at artistic and financial success, says William Cash.
Jul 16 2014 | 11:02am ET
Over the past few years, risk parity has become a component of most investors’ lexicons and, possibly, portfolios. Risk parity products have also become more common in many asset management firms’ offerings. However, according to Evanston Capital's Peter Hecht, with all of the attention on risk parity there is still a significant amount of confusion surrounding it.
Jul 15 2014 | 10:48am ET
Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at the event’s final table.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…