Friday, 31 October 2014
Last updated 3 hours ago
Jan 15 2008 | 11:39am ET
London-based Lansdowne Partners has taken a small stake in fellow hedge fund Och-Ziff Capital Management.
Lansdowne disclosed a “passive” 2% stake in New York-based Och-Ziff in a statement. Lansdowne favors both financial sector and value-oriented investments, and Och-Ziff, one of the world’s largest hedge fund managers with more than $33 billion in assets under management, fits the bill. And since its initial public offering in November, the firm’s shares have fallen 24%.
Lansdowne is no stranger to minority owners itself: The firm sold a 19% stake to Morgan Stanley in November 2006.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.