Hedge funds

EIM’s Busson Says Short Ban, Lehman Collapse Made Crisis Worse

Filed under Hedge funds, Predictions
October 9, 2008 8:40 pm

 Arpad “Arki” Busson, chairman of hedge-fund firm EIM SA, said limits on short sales of stocks and a freeze of investment accounts at bankrupt Lehman Brothers Holdings Inc. exacerbated the ... Read more »

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Citadel’s Griffin Finds Himself on the Defense

Filed under Hedge funds, Ken Griffin - Citadel
October 7, 2008 8:56 pm

Kenneth C. Griffin was one of those Wall Street whiz kids. As a teenager, he traded out of his dorm room at Harvard. In his 20s, he opened his own ... Read more »

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Star hedge fund crashes to earth

Filed under Hedge funds, failures, Jeffrey Gendell - Tontine Associates
8:54 pm

September was the worst month on record for hedge fund performance, but for one legendary player what’s going on in the markets now must seem like its coming straight from ... Read more »

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Richard Perry, hedge fund superstar, hasn’t had a down year in his flagship fund in 14 years.

Filed under Profiles, Hedge funds, Richard Perry - Perry Capital
8:49 pm

If you’ve never heard of Perry, that’s no accident. He’s deeply secretive. At 53 he is one of the most successful investors of our time, but until now he has ... Read more »

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Pickens Funds Down About $1 Billion

Filed under Hedge funds, T. Boone Pickens - BP Capital
September 24, 2008 6:57 pm

Lately, T. Boone Pickens would get better marks as a policy advocate and author than an energy investor. The 80-year-old Texas oil magnate has bankrolled a massive public campaign for ... Read more »

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Harbinger Falls 12% in September, Erasing Most Gains in 2008

Filed under Hedge funds, Philip Falcone - Harbinger Capital Partners
September 23, 2008 8:43 pm

Harbinger Capital Partners Fund, run by Philip Falcone, has given up most of the 42 percent gain it posted in the first half of the year amid losses on energy ... Read more »

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Thomas Barrack talks to CNBC about proposed financial bailout

Filed under Hedge funds, Thomas Barrack - Colony Capital, Predictions
September 22, 2008 7:50 pm

Making money during times of uncertainty, with Thomas Barrack, Colony Capital chairman & CEO, and CNBC’s Erin Burnett. http://www.cnbc.com/id/15840232?video=864030442

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Schwarzman Raises Investing Hurdle

Filed under Hedge funds, Stephen Schwarzman - Blackstone
September 19, 2008 2:29 pm

  Bankrupt Lehman Brothers Holdings Inc. and government-seized American International Group Inc. top the list of distressed sellers seeking buyers for at least $1 trillion of assets. So far, bargain ... Read more »

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Harbinger denies its blowing up !

Filed under Hedge funds, Philip Falcone - Harbinger Capital Partners
September 16, 2008 9:35 pm

Hedge fund Harbinger Capital Partners said it is not pulling out of high-profile investments like The New York Times Co and Media General Inc  seeking to quell market rumors after ... Read more »

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Soros loses $120 million on Lehman stake

Filed under Hedge funds, George Soros - Soros Fund Management
September 11, 2008 10:22 pm

Billionaire George Soros’s hedge fund may have lost at least $120 million on its stake in Lehman Brothers Holdings Inc., mostly acquired in the second quarter, as the investment bank ... Read more »

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Lakshmi Mittal loses $200 million in hedge fund investment

Filed under Hedge funds, Lakshmi Mittal - Mittal Steel
8:01 pm

Less than 18 months ago, Lakshmi Mittal, the billionaire businessman who made his name forging the world’s biggest steelmaker, deepened his relationship with RAB Capital. His pledge to invest $200m ... Read more »

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Citadel Investment Seeks $1 Billion for Global Macro Hedge Fund

Filed under Hedge funds, Ken Griffin - Citadel
August 25, 2008 8:18 pm

Citadel Investment Group LLC, the Chicago-based asset-management firm founded by Kenneth Griffin, is seeking about $1 billion for a new global macro hedge fund, according to a person with knowledge ... Read more »

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T. BOONE TAKES BATH ON ENERGY BETS

Filed under Hedge funds, T. Boone Pickens - BP Capital
August 13, 2008 6:10 pm

. Boone Pickens has been an oilman for nearly 60 years, but all that experience counted for little last month as the well-schooled octogenarian tycoon took a beating on oil ... Read more »

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MEDALLION FUND HITS A JACKPOT

Filed under James Simons - Renaissance Technologies, Hedge funds
August 10, 2008 12:15 pm

Jim Simons, a man known for running one of the world’s most secretive, expensive and successful hedge funds, is on track to wow investors with another year of double-digit returns. ... Read more »

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Tudor’s Pallotta Will Leave Tudor

Filed under Hedge funds, Paul Tudor Jones - Tudor Investment Corporation
August 8, 2008 4:50 pm

Hedge-fund pioneer Paul Tudor Jones and veteran stock picker James Pallotta are splitting after 15 years together at Tudor Investment Corp. A planned spinoff at year-end of Tudor hedge funds ... Read more »

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John Paulson plans hedge fund to support cash-strapped banks

Filed under Hedge funds, John Paulson - Paulson & Co.
July 24, 2008 5:39 pm

John Paulson, who recorded what was thought to be the single biggest profit in the history of the hedge fund industry last year by betting on a financial collapse, is ... Read more »

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SAC Shuts Sigma Debt Unit, Cuts Fixed-Income Trades

Filed under Hedge funds, Stevie Cohen - SAC
June 27, 2008 6:25 pm

SAC Capital Advisors LLC, the hedge- fund firm run by billionaire Steven Cohen, is shutting the debt business of its Sigma Capital Management LLC unit as part of broader bond-trading ... Read more »

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Ackman Foresaw MBIA Drop, Is Short Financial Security

Filed under Hedge funds, William Ackman - Pershing Square
June 19, 2008 12:26 pm

Hedge fund manager Bill Ackman, who correctly predicted shares of MBIA Inc. and Ambac Financial Group Inc. would tumble, said he now is betting against Financial Security Assurance Holdings Ltd.Financial ... Read more »

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Paulson Says Writedowns May Reach $1.3 Trillion

Filed under Hedge funds, Predictions, John Paulson - Paulson & Co.
June 18, 2008 12:49 pm

John Paulson, founder of hedge fund Paulson & Co., said global writedowns and losses from the credit crisis may reach $1.3 trillion, exceeding the International Monetary Fund’s $945 billion estimate.“We’re ... Read more »

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Lampert’s Housing Bet

Filed under Eddie Lampert - ESL, Hedge funds
June 12, 2008 2:23 pm

Billionaire hedge fund manager Eddie Lampert is placing a big bet that the slumping housing market is nearing a recovery, reports CNBC’s Diana Olick watch it at CNBC here: http://www.cnbc.com/id/15840232?video=769311741

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LAMPERT LICKING WOUNDS

Filed under Eddie Lampert - ESL, Hedge funds
May 30, 2008 10:38 pm

Hedge-fund billionaire Eddie Lampert’s big investment in Sears is plummeting in value, and skeptics on Wall Street say it could dwindle further this year.Sears, surprised by the severity of this ... Read more »

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Arpad Busson, a hedge fund ‘hippy’

Filed under Profiles, Hedge funds, Philanthrophy, Arpad Busson - EIM
May 19, 2008 12:01 pm

  ARPAD BUSSON was 10 minutes late. As the 44-year-old financier (who is also actress Uma Thurman’s boyfriend) hobbled through the door of his Mayfair boardroom, it became apparent why. ... Read more »

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Soros Lambastes Market Theory, Says It Created `Super-Bubble’

Filed under Hedge funds, George Soros - Soros Fund Management, Predictions
April 5, 2008 12:21 pm

For 20 years, George Soros has challenged the theory that markets, however choppy, always move toward equilibrium. Now a meltdown has handed him rich evidence that the hypothesis isn’t just ... Read more »

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ELIOT’S GAL A SHARED ASSET

Filed under Hedge funds, Romance, James Chanos - Kynikos Associates
March 16, 2008 5:25 pm

 The high-priced hooker who sunk Gov. Spitzer’s political career was a party pal of one of his top financial backers, boozing it up with him at clubs and his palatial ... Read more »

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Mukesh Ambani: Knowledge and human values essential

Filed under Hedge funds, Mukesh Ambani - Reliance Group
March 14, 2008 1:40 pm

India has been familiar with global leadership in the past and has achieved one of the highest growth rates in the world in recent years, Reliance Industries chairperson Mukesh Ambani ... Read more »

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Pickens’s BP Capital Energy Fund Fell 14% This Year

Filed under Hedge funds, T. Boone Pickens - BP Capital
March 11, 2008 7:34 pm

Billionaire investor Boone Pickens’s BP Capital Energy Equity Fund fell 14 percent in the first two months of this year, amid soaring prices for natural gas and crude oil. BP ... Read more »

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Blackstone Profit Falls 89% on Credit Market Meltdown

Filed under Hedge funds, Stephen Schwarzman - Blackstone
March 10, 2008 2:27 pm

 Blackstone Group LP, manager of the world’s largest buyout fund, said fourth-quarter profit plunged 89 percent after a “meltdown” in the credit markets and warned that getting loans for takeovers ... Read more »

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TCI faces political attacks over CSX tactics

Filed under Hedge funds, Christopher Hohn - TCI
March 6, 2008 7:21 pm

Lawmakers in Washington yesterday expressed deep reservations about attempts by The Children’s Investment Fund, the London- based hedge fund, to increase control of US rail operator CSX, suggesting the move ... Read more »

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Al Gore Invests $35 Million for Hedge Funds With EBay Billionaire

Filed under Hedge funds, Jeffrey Skoll - Capricorn Investment
11:41 am

Former U.S. Vice President Al Gore left the White House seven years ago with less than $2 million in assets, including a Virginia home and the family farm in Tennessee. ... Read more »

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Wilbur Ross And Bill Gross scoop-up municipal bonds

Filed under Hedge funds, Wilbur Ross - WL Ross, Bill Gross - Pimco
9:30 am

  Investor Wilbur Ross has purchased $1 billion of beaten-down municipal bonds, a sign that some large investors are snapping up these investments after a recent selloff, taking advantage of ... Read more »

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