Hedge Funds

Ex-SAC Capital’s Chedid to Launch Tech Fund in April

December 9, 2014

BY SIMONE FOXMAN Anthony Chedid, who oversaw $500 million in technology investments at Steve Cohen’s SAC Capital Advisors, is preparing to start his own hedge fund firm. Anthony Chedid is launching Cedrus Park to take bets on technology stocks, according to two people familiar with his plans. The fund is expected to

Hedge Funds Podcast- 12/2/14

December 2, 2014

Editor Nathaniel Baker discusses the latest Hedge Fund news on Bloomberg Radio Click here to listen 

Fortress Said to Start Long-Short Equity Business

December 2, 2014

BY SIMONE FOXMAN Fortress Investment Group LLC is forming a new global equity business, two people with knowledge of the matter said. Fortress Global Equity Advisors LLC, led by Steve Geskos and Tye Schlegelmilch, will complement the firm’s existing hedge funds that focus on credit or macroeconomic themes, said the people. Fortress, which managed

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,