Hedge Funds

Hedge Funds Podcast-11/25

November 25, 2014

Editor Nathaniel Baker discusses this week’s Bloomberg Brief Hedge Funds issue on Bloomberg Radio. Click here to listen 

U.S. Recovery Maturing, Paulson Said to Rename Fund

November 25, 2014

BY SIMONE FOXMAN Paulson & Co., the $19 billion hedge fund firm led by billionaire John Paulson, told investors on a conference call this month that it will rename the Paulson Recovery Fund the Paulson Special Situations Fund after concluding that the five-year-old U.S. recovery has matured, two people briefed on the matter

Hedge Funds Podcast-11/18/14

November 18, 2014

Bloomberg Brief editor Nathaniel Baker discusses the latest issue with Vonnie Quinn and Kathleen Hays on Bloomberg Radio. Click here to listen. 

Ainslie’s Recommendation to Short Great Wall Motor Co.

November 18, 2014

This chart was taken from the Bloomberg Brief Hedge Funds Newsletter. To take a complimentary 30 day trial click here. 

South Carolina Pension Seeks Emerging Managers

November 11, 2014

BY NATHANIEL E. BAKER South Carolina’s pension is interested in allocating to smaller hedge fund managers to enhance diversification and capture increased returns as it reduces holdings in larger funds, according to state treasurer Curtis Loftis. The $30 billion pension had 14 investments in “strategic partnership funds” of $1 billion or more at the

Weekly Hedge Fund Highlights

November 4, 2014

Bloomberg Brief: Hedge Funds editor Nathaniel E. Baker discusses this week’s issue, covering the closure of a global macro fund started by former Goldman Sachs traders, the New York City marathon and more. Click here to listen. 

Macro Fund Kingsguard to Close After October Losses

November 4, 2014

BY KELLY BIT Kingsguard Advisors LP, a macro hedge-fund firm started in 2012 by two former Goldman Sachs Group Inc. senior traders, is shutting down after losses in October, according to two people familiar with the matter. Rishi Chadda and Cyrus Pouraghabagher, who started the New York-based firm to bet on interest rates, volatility,

Redwood Starts $160 Million Argentina Fund

October 28, 2014

BY KATIA PORZECANSKI Redwood Capital Management LLC, a $6.7 billion hedge fund that focuses on distressed debt, started a fund last week to invest in Argentine assets, according to a person familiar with the matter. The $160 million fund, which can hold the assets of any entity with the majority of its operations in

Ex-SAC Manager Brawn to Plan Fund at Endicott Group

October 21, 2014

BY SIMONE FOXMAN Darius Brawn is returning to his roots after five years at Steven Cohen’s SAC Capital Advisors LP. Brawn is preparing to start his own hedge fund next year for Endicott Group, the New York-based money manager where he began his career, according to a person with knowledge of his plans. The

Ex-Sandell’s Burke Gets Grosvenor Cash for New Fund

October 14, 2014

BY SIMONE FOXMAN Grosvenor Capital Management, the $47 billion asset manager, has backed an event-driven equity fund started by former Sandell Asset Management portfolio manager Patrick Burke, according to a person briefed on the matter. New York-based Pinyon Asset Management, launched Oct. 1 with $100 million, the person said. The firm also has