Hedge Fund - ESL Investments

MILAN (Reuters) - U.S. hedge fund Elliott Management will inject 120 million euros ($141 million) into the coffers of Italian soccer club AC Milan to reimburse two bonds, a source said on Tuesday.

(Bloomberg) -- Bearish hedge fund manager Crispin Odey is making money on his long bets.

Hedge fund billionaire Leon Cooperman is investing in the marijuana industry. He's the biggest name so far to purchase stock directly in a marijuana cultivator.

Hedge-fund manager Crispin Odey said underperforming banks are starting to resemble department stores that failed to reinvent themselves quickly enough to compete with online retailers.

The recovery in the oil industry is attracting some of the most recognized billionaires in money management.

LONDON (Reuters) - U.S. hedge fund Hudson Bay Capital is opening an office in Britain to expand its European trading book, two sources told Reuters on Tuesday.

BOSTON, June 1 (Reuters) - Activist hedge fund Jana Partners told clients that its Jana Partners fund gained 3.1 percent last month, lifting performance to 2.8 percent for the year since January.

Billionaire George Soros, who warned of a looming financial crisis and an existential threat to the European Union on Tuesday, is shorting stocks from Stockholm to London.

Steve Eisman, the Neuberger Berman Group money manager who famously predicted the collapse of subprime mortgages before the 2008 financial crisis, recommended shorting Deutsche Bank AG shares.