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Hedge Funds

AMG is offloading its majority stake in struggling hedge fund BlueMountain for $91 million

$18.5 billion BlueMountain Capital has struggled performance-wise this year, and has cut different strategies to make itself more profitable.

2019-08-08

AMG may sell its stake in Andrew Feldtein's hedge fund

The report that BlueMountain's biggest backer may sell comes just a week after Affiliated Managers Group said the fund was nearing profit targets.

2019-08-06

Ken Griffin's Citadel is losing a longtime money-manager and the COO of its global equities business

COO of Citadel's global equities arm, Faron Schonfeld, and one of the firm's longest-tenured portfolio managers, Brian Conn, are leaving Citadel, sources tell Business Insider.

2019-07-25

Hedge funds are failing left and right and billionaire investors say the carnage has only gotten started

While hedge funds have performed better than in 2018, managers still trail the market on average, and investors have pulled billions so far this year.

2019-07-02

Stock picks from Goldman Sachs: The 17 companies hedge funds love most

The stocks most owned by hedge funds have outperformed the broader market so far in 2019, and Goldman Sachs says they're poised for more gains.

2019-05-24

BlueMountain's $11 billion fund lost nearly 4% in the first quarter

Andrew Feldstein's flagship fund lost nearly 4% in the first quarter of 2019 while hedge funds as a whole had one of their best quarters in years.

2019-05-23

Marshall Wace winner in Amazon's $575 million investment in Deliveroo

London-based Marshall Wace had a $175 million bet on three of Deliveroo's competitors' stocks falling — Just Eat, Delivery Hero, and Takeaway.com.

2019-05-18

Hedge funds excited on machine learning but may not understand

A cofounder of one of the oldest machine-learning funds said the assumption investors make about machine-learning is that it "can solve any data-rich problem, which is far from being the case."

2019-05-09

Daniel Sundheim on Netflix and marijuana at Sohn conference

In a talk at the Sohn Investment Conference, D1 Capital founder Daniel Sundheim said “growing marijuana is just inherently not a good business.”

2019-05-07

A rising hedge fund star shorts Australian wine company

Angela Aldrich, founder of Bayberry Capital, pitched attendees at Sohn's Investment on shorting the world's third biggest wine producer, Treasury Wine Estates.

2019-05-07

Hedge fund Marcato will vote against Acreage's sale to Canopy Growth

Canopy Growth paid $300 million in April for the right to buy Acreage Holdings pending the federal legalization of marijuana in the US.

2019-05-07

Jefferies helped a rogue hedge fund partner trade with tons of leverage that bankrupted his fund, a new ruling finds

Carbon Investment Partners closed after one of its partners, Lee Bressler, lost on extremely leveraged trades on Tesla and Amazon. An arbitrator found that Jefferies' prime brokerage helped him do it.

2019-05-07

Impact Capital investing in Wyndham Hotels at Sohn for ESG

Impactive Capital, a new activist hedge fund that incorporates environmental, social, and governance factors into its investment processes, has invested in Wyndham Hotels.

2019-05-06

Meet the 5 rising stars presenting their investment ideas at the world's highest-profile hedge-fund conference

For first time since Sohn began its "Next Wave" series six years ago, the majority of presenters identified as rising stars on Wall Street are not white men.

2019-05-02

Inside D.E. Shaw's special relationship with Blackstone, which shines a light on the power the hedge fund industry's largest investors have

Sources say D.E. Shaw provides access to its biggest investor, Blackstone, to select funds not made widely available to the greater investor base.

2019-03-26

D.E. Shaw gives special access to Blackstone and it shows the leverage the hedge fund industry's largest investors have

Sources say D.E. Shaw provides access to its biggest investor, Blackstone, to select funds not made widely available to the greater investor base.

2019-03-26

A bunch of hedge fund managers featured in 'The Big Short' are among the casualties of Citadel's most recent cuts

Citadel closed its Aptigon stock-picking unit last week, parting ways with the unit's leader Eric Felder.

2019-03-12

Anthony Scaramucci's Las Vegas hedge-fund conference is trying to change things up as the industry faces headwinds

The SALT conference didn't happen in 2018 as Skybridge tried to push its eventual failed sale to Chinese company HNA through.

2019-03-06

Anthony Scaramucci's Las Vegas hedge fund conference is changing it up, as the industry faces heavy headwinds

The SALT conference didn't happen in 2018 as Skybridge tried to push its eventual-failed sale to Chinese company HNA through.

2019-03-06

It's not enough to be 2 guys from Goldman Sachs in a room with $5 million — the bar for launching a hedge fund is rising in 2019

2018 was the fifth year in a row that the total number of hedge-fund launches declined, per Preqin, despite some big-name and record-setting launches.

2019-01-26
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