BOSTON (Reuters) - Hedge fund manager William Ackman, who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 last year on lobbyists to press his case against the company, according to government documents filed in recent weeks.
Last week, my colleague Michael Kelley wrote about the introduction of HD Video from space, that allows people to see movement on the ground with a level of detail previously impossible. The technology has all kinds of potential uses, from military to corporate to humanitarian. Show More Summary
MMAmania spoke to GLORY Chairman Pierre Andurand ahead of GLORY 14 in Zagreb, Croatia. The commodities trader is a fight fan at heart, sharing his thoughts on the promotion's growth to date and his vision moving forward. Hedge fund investing...Show More Summary
The Brazilian online travel agency Hotel Urbano has gotten a 120 million Reais ($50 million) reservation from the powerhouse hedge fund investor Tiger Global Management and previous backer Insight Venture Partners. Read More
A hedge fund manager explains why SodaStream bears are wrong this time.
There's more to the story than you might think.
NEW YORK (Reuters) - Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.
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Jerome L. Simon founded Lonestar Capital Management in the summer of 1995. The San Francisco-based activist hedge fund specializes in special situations, distressed investing, energy, and the exploitation of leveraged capital structures and mispriced securities. Show More Summary
After every crisis, someone has to pick up the pieces. In the financial world, the cleanup crew often involves hedge funds and private equity firms that understand how to deal with distressed assets — how to restructure them, and make...Show More Summary
York Capital Management is a hedge fund with over $20 billion in assets under management. Employing the event-driven strategy, the fund managed to return around 14% since its foundation in 1991, versus the S&P 500 gain of 9%. On Thursday, the manager and founder of York Capital, James Dinan, came to CNBC‘s Squawk Box to […]
Readers offer their own experiences and suggestions in response an Another View column by Whitney Tilson that described the problem of having too few women in hedge funds.
Should you follow suit, or might you want to buy some shares?
Casablanca Capital, the activist hedge fund pressing for change at Cliffs Natural Resources, started a proxy fight on Thursday, naming six candidates for the mining company's board.
Might you also want to sell Micron Technology, LSI Corporation, and Regions Financial Corporation? Learn more.
Geroge Soros was 2013's highest earning hedge fund manager, making an estimated $4 billion as he sided with Carl Icahn against Bill Ackman on Herbalife, shorted the yen, and lost money on JCPenney
Why did Bridgewater Associates snap up shares of Eldorado Gold, Health Care REIT, and Maxim Integrated Products?
Gold’s price is ahead by 12% in 2014, beating stocks and bonds by a mile. ETF money flows, so key to last year’s 28% slump, have turned positive. Hedge funds have stopped selling. So why aren’t more traders chasing the big reversal in gold? Lately, it’s doubts about the geopolitical boost of the Ukraine crisis. [...]
Last night, Broadfin Capital, a healthcare focused hedge fund managed by Kevin Kotler, disclosed in a Securities and Exchange Commission filing that it has initiated a 3.5 million share position in Pernix Therapeutics (NASDAQ:PTX), which amounts to a 9.4% stake in the specialty pharmaceutical company. The two other hedge fund managers tracked by us that […]