Hedge Funds

Ex-Highfields’ Sidman Said to Raise $1.2Bln

August 12, 2014

BY SABRINA WILLMER Three Bays Capital LP, started by former Highfields Capital Management LP money manager Matthew Sidman, has raised $1.2 billion for an event-driven hedge fund within months of starting the pool. Sidman, who spent 14 years at Highfields, started the fund with $500 million in January, according to two people with knowledge

Ex-Bridgewater Analyst Starts No-Fee Fund

August 5, 2014

Howard Wang, a former analyst at Bridgewater Associates LP, says most hedge fund performance mirrors the broader market, failing to justify the high fees collected. That’s why Convoy Investments LLC, the global macro fund he started in November with former Bridgewater software engineer Robert Wu, isn’t charging a performance fee to investors and only

Singer Cautions of Electromagnetic Pulse Event

July 29, 2014

Paul Singer’s Elliott Management Corp. warned investors of the risk of an electromagnetic pulse event massively disrupting the electronic grid in a wide-ranging investor letter that took shots at central bankers, social media and U.S. foreign policy. “While these pages are typically chock full of scary or depressing scenarios, there is one risk that

Ivory Investment Management’s Bullish Call on Saint-Gobain

July 22, 2014

Curtis Macnguyen, head portfolio manager at Ivory Investment Management LP, said in September that he was invested in shares of France-based Cie. de Saint- Gobain SA to bet on a recovery in the European economy and housing.(Bloomberg Brief: Hedge Funds Europe, Sept. 27, 2013) This chart was taken from the Bloomberg Brief

Sensato’s Bearish Prediction for Japanese Stocks

July 15, 2014

Sensato Capital Management last May said Japanese equities were no longer attractively-priced.  The San Francisco-based firm’s Asia-Pacific Master Fund returned 15 percent in the first four months of last year, largely on the back of rising Japanese stocks (Bloomberg Brief, May 21, 2013). Japanese stocks began to drop on May

Butler’s Call on European Telecoms Offers Mixed Results

July 1, 2014

Butler Investment Managers Ltd.’s WB Opportunities Fund took short positions in Telecom Italia SpA, Portugal Telecom SGPS SA and Hellenic Telecommunications Organization SA in mid-July last year. This chart was taken from Bloomberg Brief Hedge Funds. Click here to take a trial. 

Family Office Supplement

June 6, 2014

For wealthy individuals and families, setting up a family office usually offers the benefits of professional advice, confidentiality and the ability to preserve wealth across generations. This special report explores these themes and others, from new EU laws that may curtail privacy and affect the choice of jurisdiction to investing in alternatives and the

Cheyne Fills Bank Void in European Property Loans

March 11, 2014

Cheyne Capital Management (UK) LLP, the $6.6 billion money manager founded by former Morgan Stanley bankers Stuart Fiertz and Jonathan Lourie, is finding opportunity in European real estate mezzanine loans. Read More…