What do you do when you own roughly 6% of a multibillion dollar company - the largest stake outside the company – and have decades of experience in working with different businesses...
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March 24 - Hedge Funds
Pershing Square Capital Management LP’s William Ackman, the activist hedge fund manager, said he’s willing to be patient as J.C. Penney Co. pursues a turnaround.
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March 9 - Hedge Funds, Macroeconomic Predictions
Bloomberg's Dominic Chu reports that Warren Buffett, the former hedge fund manager who built Berkshire Hathaway Inc.
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March 2 - Hedge Funds, Macroeconomic Predictions
Jim Chanos, founder of Kynikos Associates Ltd., Jamie Zimmerman, chief executive officer of Litespeed Management LLC, Michael Novogratz, principal at Fortress Investment Group...
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February 22 - Hedge Funds, Macroeconomic Predictions
Dan Loeb founded Third Point in 1995. Using an activist value-oriented investing style, the New York-based fund has enjoyed tremendous success.
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February 21 - Hedge Funds
Billionaire John Paulson, who controls an 8.4 percent stake in Hartford Financial Services Group Inc.
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February 15 - Hedge Funds, Macroeconomic Predictions
HSBC published the Hedge Weekly for the week of Jan 30 to Feb 3, revealing a list of hedge funds’ performances in January 2012.
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February 7 - Hedge Funds
Canadian Pacific Railway Ltd.’s (CP) support for Chief Executive Officer Fred Green doesn’t make sense because the company’s performance trails all of its North American...
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February 7 - Hedge Funds, Macroeconomic Predictions
The following day, a corporate broker from Firm X and Punch management had a 45-minute conference call with Einhorn, during which inside information was disclosed to him, the ...
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January 26 - Hedge Funds, Macroeconomic Predictions
Level Global Investors LP co-founder Anthony Chiasson and two other people were taken into custody as part of the five-year U.S.
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January 18 - Hedge Funds, Macroeconomic Predictions
Carl Icahn recently filed for his new position in CVR Energy Inc. (CVI).
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January 17 - Hedge Funds
HSBC published the Hedge Weekly #53, revealing a list of hedge funds’ return in 2011.
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January 5 - Hedge Funds
Jim Chanos' Kynikos Associates LP and Daniel Loeb's Third Point are having a brighter holiday season after they "won dismissal from an $8 billion lawsuit accusing the two hedge...
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December 27 - Hedge Funds
James Chanos’ Kynikos Associates LP and Daniel Loeb’s Third Point LLC won dismissal from an $8 billion lawsuit accusing the two hedge funds of spreading negative information...
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December 27 - Hedge Funds, Macroeconomic Predictions
New Jersey Superior Court Judge Stephan C. Hansbury dismissed Fairfax Financial's $8 billion lawsuit against Jim Chanos' Kynikos and Dan Loeb's Third Point.
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December 24 - Hedge Funds
Phill Gross and Robert Atchinson’s Adage Capital Management reported 5.41% passive stake in Warnaco Group Inc. (WRC) today.
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December 16 - Hedge Funds
Reuters is publishing parts of Steve Cohen's sworn deposition testimony in Fairfax Financial case.
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December 16 - The Smart Set
There was the Deepwater Horizon and the tragedy in the Gulf.
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December 15 - Hedge Funds, The Smart Set, Uncategorized
Dan Loeb’s Third Point reported its 5.32% activist stake in Yahoo! Inc. (YHOO) on December 13th, after the firm sent a letter to Yahoo’s board of directors.
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December 14 - Hedge Funds
Hedge fund performance in November 2011 was more disappointing than any time since the bankruptcy of Lehman Brothers.
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December 13 - Hedge Fund Analysis, Hedge Funds
Hedge Fund Manager Dan Loeb is worried Jerry Yang, the founder of Yahoo, will muck up its sale reports the Wall Street Journal.
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November 5 - Hedge Funds, Uncategorized
Dan Loeb is the founder and manager at Third Point. He is well known for big and successful investments. (more…)
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November 3 - Hedge Funds, Uncategorized
Dan Loeb's Third Point lost 6% during the second quarter.
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November 2 - News
Dan Loeb got hammered during Q3. Third Point lost 6%, bringing its return to 0.2% through the end of September. This is still better than what most hedge funds did.
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November 2 - News
Steve Cohen "is branching out and plans to set up his own reinsurance firm," according to Reuters Thursday. (more…)
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October 28 - News
Jana Partners is an activist hedge fund. This means that it take positions in its investments that are large enough to afford the firm a voice in the company's operations.
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October 24 - Hedge Funds, Uncategorized
Brigette Roberts should know a lot about her industry. She is after all a doctor.
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October 21 - Hedge Funds
Adam Sender, founder of Exis Capital Management, cut his teeth at Steve Cohen's SAC Capital after graduating from the University of Michigan with a degree in history.
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October 21 - Hedge Funds
El Paso Corp (ES) was up over 23% on Monday morning in news that Kinder Morgan would buy the company in a deal estimated at over $20.7 billion.
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October 17 - Hedge Funds
Hedge funds fell 3.2% in September according to Bloomberg, making September 2011 the worst month for hedge funds in over a year.
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October 13 - Hedge Funds
Since it was first announced in early September that Yahoo (YHOO) CEO Carol Bartz was fired, and Third Point's Dan Loeb had acquired a large stake in the company, there have been...
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October 2 - Hedge Funds
Dan Loeb wrote a new letter to Yahoo's Jerry Yang. This morning Dan Loeb disclosed recent developments in Yahoo.
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September 14 - News
Dan Loeb filed an amended 13D form with the SEC this morning disclosing the recent development. You can read Dan Loeb's Yahoo letter (September 8th) here.
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September 14 - News
Sunoco (SUN) is a petroleum refiner and marketer and chemicals manufacturer with interests in logistics and coke making.
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September 9 - Market Movers
Pall Corp (PLL), a supplier of filtration, separation and purification technologies, declined 9.91% after announcing its preliminary fourth quarter and full-year results.
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September 9 - Hedge Funds
Daniel Loeb is an American hedge fund manager and founder of Third Point LLC. Prior to founding the firm, he graduated from Columbia University and worked at Citicorp.
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September 9 - News
Dan Loeb's Third Point acquired a 5.15% activist stake in Yahoo (YHOO). Here is Dan Loeb's letter to Yahoo's board:
(more…)
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September 8 - News
Hedge fund performance in August 2011 was disappointing, according to Financial Times. "Hedge fund industry has failed to live up to its name" a recent article said.
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August 30 - Hedge Funds
David Tepper took home paychecks in the billions in both 2009 and 2010.
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August 18 - Hedge Funds
Dan Loeb, founder of New York based hedge fund Third Point, has more than $4 Billion in assets under management (AUM).
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August 16 - Hedge Funds
Hedge funds aren't performing very well this year because of their hedges.
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July 6 - Hedge Funds
Earlier today we wrote about Dominique Strauss-Kahn's favorite restaurant: McCormick & Schmick's, a seafood restaurant chain.
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June 27 - News
Hedge fund managers occasionally complain about the detrimental effect of portfolio size on their returns, yet they rarely mention the benefits of managing large sums of money...
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June 21 - News
The Sunday Telegraph reports that hedge funds and Sovereign Wealth Funds (SWFs) bet around £270 Million (more than $400 Million) on Tony Hayward and Nat Rothschild's investment...
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June 20 - News
Steve Cohen is a hedge fund legend. SAC Capital has been nearly consistently delivering high returns for its investors since 1992.
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June 15 - Uncategorized
David Tepper's Appaloosa disclosed a 8.26% stake in CVR Energy (CVI).
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June 7 - News
Dan Loeb's Third Point Offshore lost 0.4% in May, gaining 9.7% during the first five months of 2011.
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June 6 - News
