Hedge Fund Videos | 30+ Free Videos on Hedge Funds

World's Leading Hedge Funds

World's Leading Hedge Funds Pour Rs 6,000 crore into Indian Stocks

An unusual interest in recent share sales by Indian companies were taken by some of the world's largest hedge fund.
Brevan Howard, Soros Fund Management and other marquee global hedge funds have latched onto share sales meant for institutional investors, pumping as much as Rs 6,000 crore into Indian stocks in the past month.
A sizeable chunk of investments in such qualified institutional placements (QIPs) by these asset managers is part of a trading strategy involving shares and futures contracts, according to sources in investment banks and broking firms. Seven companies, including JP Associates, GMR and Reliance Communications, have raised close to Rs 15,900 crore in less than a month.
Investment bankers said hedge funds had to be roped in to subscribe to these share sales — especially those which raised money more recently — with the traditional foreign institutional names remaining undecided. At least 18 large hedge funds have invested in the recent QIPs, said three investment banking sources.
Source: Economic Times

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Brevan Howard, Soros Fund Management, Global Hedge Fund, JP Associates, GMR, Reliance Communications.

Link to This Resource: World's Leading Hedge Funds

http://richard-wilson.blogspot.com/2014/07/worlds-leading-hedge-funds.html

Bill Ackman's Pershing Square

Pershing Square Jumps 25% during the First Half of 2014

Pershing Square, an activist hedge fund management company founded and run by Bill Ackman, reported the raise of 25% during the first half of 2014, ranking the billionaire as one of this year's top hedge fund industry performers.
Ackman told clients of his Pershing Square Capital Management hedge fund that its main portfolio rose 2.4 percent in June, putting the fund up 25 percent for the year, according to two investors.
The performance marks a huge comeback for Ackman from 2013, when big losses on Herbalife and J.C.Penney hurt the portfolio. In last year's first half, the fund was up roughly 6 percent.
Strong gains in its top holdings, including Canadian Pacific, Air Products & Chemicals and Burger King Worldwide helped fuel the rise. Ackman has spent much of June trying to convince pharmaceutical company Allergan, in which he is the biggest investor, to sell itself to rival Valeant Pharmaceuticals, with which he is working to negotiate a deal.
Source: Reuters

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Pershing Square, Activist Hedge Fund, Bill Ackman, Pershing Square Capital Management, Herbalife, J.C. Penney, Canadian Pacific, Air Products & Chemicals, Burger King Worldwide, Valeant Pharmaceuticals.

Link to This Resource: Bill Ackman's Pershing Square

http://richard-wilson.blogspot.com/2014/07/bill-ackmans-pershing-square.html

Blackstone Buys Park Avenue Tower

Blackstone Buying Park Avenue Tower for $750M

An American multinational private equity Blackstone Group LP announced it has purchased the Park Avenue Tower in New York City from Shorenstein Co. for $750 million.
The seller is San Francisco-based Shorenstein Properties LLC. The office building at 65 E. 55th St. has about 615,850 square feet (57,200 square meters) and was built in 1986.
Law firm Paul Hastings LLP, which leases 16 of the building’s 35 floors, is vacating when its agreement is up in 2016, giving Blackstone the opportunity to raise rents when it finds a new tenant, said two of the people, who asked not to be identified because the deal is private. Another occupant, hedge fund Davidson Kempner Capital Management, also plans to move, creating a second potential source of higher rents, they said.
Peter Rose, a spokesman for New York-based Blackstone; Tim Gallen, a Shorenstein spokesman; and Arielle Lapiano, a Paul Hastings spokeswoman, declined to comment. A telephone message left at Davidson Kempner’s office wasn’t immediately returned. The deal was reported late yesterday by the New York Post.
Source: Bloomberg

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment, US Private Equity, Blackstone, Blackstone Group LP, Park Avenue Tower, New York City, Shorenstein Co., Shorenstein Properties LLC, San Francisco, Paul Hastings LLP, Davidson Kempner Capital Management, Peter Rose, New York, Tim Gallen, Arielle Lapiano, Paul Hastings, Davidson Kempner, New York Post.

Link to This Resource: Blackstone Buys Park Avenue Tower

http://richard-wilson.blogspot.com/2014/07/blackstone-buys-park-avenue-tower.html

Top Interesting Hedge Fund Moves

Top Interesting Hedge Fund Moves over The Past Weeks

The article below is an overview on the most interesting hedge fund moves over the past couple of weeks.
Last Thursday, Richard McGuire 's Marcato Capital Management revealed that it had increased its exposure – by 185%-to Lear Corporation, a $7.2 billion market cap company engaged in the business of supplying seating and electrical distribution systems and other related components to virtually every major automotive manufacturer in the world. The fund had decreased its holdings at the company by 75% over Q1, to 1.4 million shares. However, McGuire seems, once again, bullish about Lear Corporation, holding 4.01 million shares. This position, worth about $355 million, represent 4.9% of the company's stock.
Marcato Capital also boosted its stake in another company last week. The fund disclosed a 6.4% increase in its position at Life Time Fitness, Inc. LTM, a company engaged in designing, building and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centers, with a market cap barely shy of $2 billion. McGuire's fund acknowledged ownership of 3.115 million shares, which account for 7.6% of this company's outstanding stock.
Source: MarketWatch

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Richard McGuire, Marcato Capital Management, Lear Corporation, Life Time Fitness, Inc.

Link to This Resource: Top Interesting Hedge Fund Moves

http://richard-wilson.blogspot.com/2014/07/top-interesting-hedge-fund-moves.html

Indian Market Welcomes Hedge Funds

Indian Stock Market Welcomes Hedge Funds

Big hedge fund names such as Brevan Howard, Hudson Bay Capital Management, Balyasny Asset Management, Treeline Investment Management, Segantil Capital Management, Indus Capital and Myraid Capital Management have arrived the Indian stock market.
These funds have participated in the qualified institutional placement of Ashok Leyland and others. Sources said the new foreign portfolio investment guidelines of the Securities and Exchange Board of India are encouraging many of these new entrants because of the lower cost involved by listing with the custodians directly. In June, foreign investors have put in $1.8 billion in Indian equities in the primary and secondary markets.
After being battered for some time, punters have taken a liking for pharma and IT stocks again. On Friday, the BSE Healthcare Index hit 11, 259 - a new high. In May, it had slipped from 10,857 to 9,944. Similarly, the IT index also had slipped to 8,214 and has recovered sharply to 9,270. With the rupee slipping around 2.8 per cent in June - from 58.50 to 60.10 - market players are beginning to see value in these sectors again. They say if the rupee stablises around 60, these sectors will continue to do well.
Source: Business Standard

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Brevan Howard, Hudson Bay Capital Management, Balyasny Asset Management, Treeline Investment Management, Segantil Capital Management, Indus Capital, Myraid Capital Management, Ashok Leyland, Securities and Exchange Board of India, IT Stock, BSE Healthcare Index.

Link to This Resource: Indian Market Welcomes Hedge Funds

http://richard-wilson.blogspot.com/2014/06/indian-market-welcomes-hedge-funds.html

Interest-Rate Traders

Two Interest-Rate Traders Join $8.5B Hedge Fund

Two interest-rate traders from Nomura Holdings Inc. joined MKP Capital Management LLC, the $8.5 billion hedge-fund manager that invests in global macro and credit strategies, as hedge funds anticipate a divergence in global central bank policies.
Vivek Sahay and Lee Berkowitz will join New York-based MKP in July as money managers focusing on global interest-rate markets, according to a person familiar with the matter, who asked not to be named because the information is private. Katherine Plavan, a spokeswoman for MKP, declined to comment on the appointments.
Sahay and Berkowitz, who had been at Nomura since 2009, left their roles as money managers in the past several weeks, the person said. They previously worked together at Citigroup Inc., where Sahay was executive director and Berkowitz an associate.
MKP hired the two to capitalize on opportunities in global rates trading as hedge funds including Paul Tudor Jones’ Tudor Investment Corp. and Mariner Investment Group LLC have forecast divergence in monetary policies as some economies grow faster than others. Jones said in May that macroeconomic investing needs “central bank Viagra” because interest rates have stayed low for such a long period.
Source: Bloomberg

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Nomura Holdings Inc., MKP Capital Management LLC, Vivek Sahay, Lee Berkowitz, New York, Katherine Plavan, Citigroup Inc., Paul Tudor Jones, Tudor Investment Corp.

Link to This Resource: Interest-Rate Traders

http://richard-wilson.blogspot.com/2014/06/interest-rate-traders.html

Hedge Funds $3 Trillion Mark

Hedge Fund Industry Exceeds $3T Mark in May

According to a research firm, in May, 2014, the hedge fund industry exceeded the $3 trillion mark, as new allocations and performance gains pushed total assets to a new record.
Some $22 billion flowed into hedge funds last month, bringing the year-to-date inflows to $93 billion, according to data provider eVestment. That’s the largest five-month total to start a year since 2007. Performance gains also added $37.8 billion in assets last month, leaving the total tally just north of $3 trillion.
Cash has flowed into these hedge funds despite relatively muted performances over the past several years. Many hedge-fund managers have underperformed their benchmarks as the stock market has surged to record after record. Hedge funds suffered back-to-back monthly declines in March and April for the first time since April and May of 2012, according to researcher HFR Inc. These funds rebounded in May and posted gains across all main strategies, HFR said earlier this month.
And yet, capital continue to flow toward hedge managers who purport to be better positioned for a potential market downturn.
Source: Wall Street Journal

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, eVestment, HFR Inc.

Link to This Resource: Hedge Funds $3 Trillion Mark

http://richard-wilson.blogspot.com/2014/06/hedge-funds-3-trillion-mark.html

Ex-Deutsche Bank Hedge Fund

Former Deutsche Bank Trader Works on the Launch of a Hedge Fund

A former Deutsche Bank RMBS trader Troy Dixon, is working on the launch of a hedge fund that will seek to seize the "significant opportunities" in the $13.5 trillion structured products market.
Troy Dixon, who managed around 70 traders and 100 support people as co-head of structured products at Deutsche Bank, left the bank in October 2013 after almost eight years there – and 20 years on Wall Street in structured products. He sat on the America’s executive committee at the bank so he also understood the "business" side of launching a hedge fund, according to Ajai Thomas, his new head of investor relations and a former colleague. This is why he assembled a team of eight people for his new independent venture, Hollis Park Partners, which offices opened a couple of months ago. The investment team includes Joe Valentine, an ex-Navy Seal who is an investor into Academy (formerly known as Blackwater).
Source: Opalesque

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Deutsche Bank, Deutsche Bank RMBS, Troy Dixon, Wall Street, Ajai Thomas, Hollis Park Partners, Joe Valentine, Navy Seal, Blackwater.

Link to This Resource: Ex-Deutsche Bank Hedge Fund

http://richard-wilson.blogspot.com/2014/06/ex-deutsche-bank-hedge-fund.html

Gottex US and China

Swiss Fund of Hedge Funds Targets Acquisitions in the US and China

Following to Joachim Gottschalk, a CEO of Gottex Fund Management, the Switzerland-based fund of hedge funds is targeting acquisitions in both the U.S. and China.
A deal in Asia could come within six months, he added, while the firm’s partner in China, VStone Asset Management, is seeking the ability to raise money from mainland Chinese investors.
“It’s the U.S. and China where we are looking for further acquisitions and further development on the organic and non-organic front,” Gottschalk said. The firm hopes those purchases will account for about half of a planned US$6.5 billion asset hike, which would give Gottex US$15 billion over the next five years.
“If you look at where the flows of institutions in alternatives go, it goes to the 10 billion-plus investment managers,” Gottschalk said. Gottex is currently just below that threshold, with US$8.5 billion.
Source: FINalternatives

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Joachim Gottschalk, Gottex Fund Management, Gottex, Switzerland, Swiss Fund of Hedge Funds, US, China, Asia, VStone Asset Management, Chinese Investor.

Link to This Resource: Gottex US and China

http://richard-wilson.blogspot.com/2014/06/gottex-us-and-china.html

Gottex Fund Assets Increase

Gottex Targets $6.5B Boost to Its Assets

Gottex Fund Management Holdings, a Swiss-based hedge fund group, is planning a $6.5 billion boost to its assets, around half of which will come from acquisitions in Asia and the United States.
Speaking to Reuters as the firm completes its acquisition of peer EIM Group, Chief Executive Joachim Gottschalk said he expects to announce a new deal in Asia within six months.
"It's the U.S. and China where we are looking for further acquisitions and further development on the organic and non organic front," he said. "Within the next 6 months you will certainly hear something about our Asian expansion."
The merger with EIM, which is still pending regulatory approval, brings total assets to around $8.5 billion which Gottex hopes to grow to $15 billion within five years.
Since the financial crisis, more onerous regulation has driven up operating costs for investment managers, while large institutional investors often rule out allocating any hedge fund money to firms with less than $10 billion under management.
Source: Reuters

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Gottex, Gottex Fund Management Holdings, Switzerland, Swiss Hedge Fund, Asia, United States, EIM Group, Joachim Gottschalk.

Link to This Resource: Gottex Fund Assets Increase

http://richard-wilson.blogspot.com/2014/06/gottex-fund-assets-increase.html

Jeff Feig Joins Fortress

Jeff Feig Exits Citigroup to Join Fortress

Jeff Feig is leaving the third-biggest bank by assets in the U.S. Citigroup Inc. to join Fortress Investment Group LLC, a leading, highly diversified global hedge fund management firm.
Based in New York, Feig had been at the company for 25 years, and he is the latest in a long line of departures among the senior ranks of currency trading banks.
His remit was expanded only last summer, when he was tasked with co-ordinating Citi's electronic trading efforts across asset classes.
Feig's former boss, Anil Prasad, who was global head of FX and local markets at Citi for seven years, also left this year, following 25 years in total at the bank. Nadir Mahmud, previously regional markets head for Asia-Pacific, was appointed in his place, relocating from Singapore to London.
Speaking about the exits of both Prasad and Feig, a spokesperson at Citi said: "Given their tenures in their roles, these departures were well-anticipated, and part of the natural cycle of the business. We have a strong, talented bench that continues to support this core business."
Source: FX Week

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Jeff Feig, US, Citigroup Inc., Fortress, Fortress Investment Group LLC, New York, Anil Prasad, Nadir Mahmud, Asia-Pacific, Singapore, London.

Link to This Resource: Jeff Feig Joins Fortress

http://richard-wilson.blogspot.com/2014/06/jeff-feig-joins-fortress.html

Liquefied Natural Gas Ltd. Takeover

Perth-Based Liquefied Natural Gas Ltd Sold to $27B Hedge Fund

Shares in US LNG terminal developer Liquefied Natural Gas Ltd were sold to Seth Klarman's $27 billion hedge fund Baupost, whose shares have more than tripled in the past two months.
Baupost now holds a 6.69 per cent stake in Perth-based LNG Ltd, which is developing the $US3.5 billion Magnolia LNG export terminal in Louisiana, according to a substantial shareholder notice lodged on Thursday.
LNG Ltd has seen a massive surge in its market value as the market became aware of the progress it is making at Magnolia LNG, which chief executive Maurice Brand says has the potential to be among the first five US gas export ventures to start shipments, subject to approvals.
After dropping its abortive plans for an LNG export venture in Queensland and switching its focus to the US, the company has been gaining steady support among institutional investors as its project has marched forward.
Source: Sydney Morning Herald

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, US LNG, Liquefied Natural Gas Ltd, Seth Klarman, Baupost, Perth, Australia, LNG Ltd, Magnolia LNG, Maurice Brand, Queensland, US.

Link to This Resource: Liquefied Natural Gas Ltd. Takeover

http://richard-wilson.blogspot.com/2014/06/liquefied-natural-gas-ltd-takeover.html

Dollar Hedge Fund Launch

Japan’s Investment Firm Launches Dollar-Based Hedge Fund

A Japanese investment firm Fivestar Asset Management Co., is launching a dollar-based hedge fund that will invest in Japanese stocks, amid growing interest in the market from foreign investors.
Fivestar is seeking to raise 10 billion yen ($98 million) within a year for both the new fund and its existing yen-denominated Shinbi Japan Equity Long Short Fund, said Masamitsu Ohki, who runs the strategy. The Japanese currency-based fund started at the end of March with 1 billion yen and the return was about zero in the first two months, he said.
Interest in Japanâs stock market by overseas investors has increased since Prime Minister Shinzo Abe pledged to revive the world’s third-largest economy by pushing measures including a reduction in corporate tax and a review of the Government Pension Investment Fund’s portfolio, Ohki said. The benchmark Topix index capped a world-beating rally last year, surging 51 percent, and has since declined more than 5 percent this year.
Source: Businessweek

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Japanese Investment Firm, Fivestar Asset Management Co., Dollar-Based Hedge Fund, Japanese Stocks, Shinbi Japan Equity Long Short Fund, Masamitsu Ohki, Japanâs Stock Market, Shinzo Abe.

Link to This Resource: Dollar Hedge Fund Launch

http://richard-wilson.blogspot.com/2014/06/dollar-hedge-fund-launch.html

Man Buys Pine Grove

Britain’s Man Group Buying $1B US Hedge Fund

Man Group, British hedge fund manager, is pleased to announce that it had agreed to acquire Pine Grove Asset Management, a hedge fund manager based in the United States.
Pine Grove has around $1 billion in assets - less than 2 percent of Man Group's $55 billion - but the deal is being interpreted by analysts as evidence of a wish by Man Group to expand in the United States by acquisition rather than gradual business growth.
Monday's announcement follows news in May that Man Group was in talks to buy another U.S. fund, Boston-based Numeric Holdings.
"It appears, with today's announcement of a U.S.-based asset manager and ongoing discussions with another U.S.-based asset manager, that's Man's strategy to penetrate the U.S. is more focused on acquisitions to gain entrance opposed to an organic approach," said RBC Capital Markets' Peter Lenardos.
Source: Reuters

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Man Group, UK Hedge Fund, British Hedge Fund, Pine Grove Asset Management, US Hedge Fund, United States, Boston, Numeric Holdings, RBC Capital Markets, Peter Lenardos.

Link to This Resource: Man Buys Pine Grove

http://richard-wilson.blogspot.com/2014/06/man-buys-pine-grove.html

Large Public Pension Funds

Large Public Pension Funds to Increase Allocations to 35%

Bills that would allow large public pension funds have been introduced by New York state legislators, to increase allocations to alternative investments such as private equity and hedge funds to 35% from 25%.
The legislation would affect the $176.2 billion New York State Common Retirement Fund, Albany; $150 billion New York City Retirement Systems; and $104.3 billion New York State Teachers' Retirement System, Albany.
Under state law, these public pension funds are governed by a “legal list,” containing a broad category of primarily fixed income and equity investments. The plans may allocate up to 25% of assets outside this list in a basket of investments such as private equity, hedge funds, commodities and international bonds.
The bills, introduced in the state Senate and state Assembly, would amend the so-called basket clause, allowing public pension funds to devote as much as 35% of allocations outside the “legal list” rather than the existing 25%.
“The current 25% limit on alternative investments prevents the (five) city pension funds from creating an optimal investment portfolio,” said Eric Sumberg, a spokesman for city Comptroller Scott Stringer, the fiduciary for the five pension funds.
Source: Pensions & Investments

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, New York, Alternative Investment, Private Equity, Private Equity Fund, New York, New York State Common Retirement Fund, Albany, New York City Retirement Systems, New York State Teachers' Retirement System, Commodities, International Bonds, Eric Sumberg, Scott Stringer.

Link to This Resource: Large Public Pension Funds

http://richard-wilson.blogspot.com/2014/06/large-public-pension-funds.html

Asia’s Large Hedge Funds

Foreign Companies are Boosting Asian Big Hedge Funds

With about $800 million in assets, Azentus Capital Management Ltd., a multi-strategy hedge fund manager that was founded in 2010, generated over a third of its 17 percent return in 2013 outside Asia.
Tybourne Capital Management (HK) Ltd. reported $848.8 million worth of U.S.-listed securities at the end of March and Myriad Asset Management Ltd. disclosed $476.9 million, according to their 13F filings with the U.S. Securities and Exchange Commission.
“Previously, you generally saw Asian funds having only an Asian mandate,” said Matt Pecot, Asia-Pacific head of prime services at Credit Suisse Group AG (CSGN) in Hong Kong. “Nowadays, more funds launched within the region have expanded that to take advantage of the insights that they have gathered in Asia and put a portion of that money to work in the U.S. or Europe.”
Funds that have raised at least $1 billion after 2009 are turning to global companies that benefit from Asia’s growing consumer and production power, and which are more frequently traded, according Credit Suisse and Bank of America Corp.’s Merrill Lynch unit. They also are stepping outside their home base after the MSCI Asia-Pacific Index generated an annualized return in the three years to April only about a fourth of the MSCI World Index’s.
Source: Bloomberg

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Azentus Capital Management Ltd., Asia, Tybourne Capital Management Ltd., Hong Kong, Myriad Asset Management Ltd., U.S. Securities and Exchange Commission, Asian Funds, Matt Pecot, Credit Suisse Group AG, Europe, US,  Bank of America Merrill Lynch, MSCI Asia-Pacific Index, MSCI World Index’s.

Link to This Resource: Asia’s Large Hedge Funds

http://richard-wilson.blogspot.com/2014/06/asias-large-hedge-funds.html

Fannie and Freddie

Carl Icahn Joined Up the Hedge Fund Party for Fannie and Freddie

The Wall Street wolf Carl Icahn has joined William Ackman, an American entrepreneur and investor with extensive experience in the hedge fund industry, in bet on Fannie Mae and Freddie Mac.
Icahn took a $50 million position in Fannie Mae and Feddie Mac in March by buying common stock from Bruce Berkowitz’s Fairholme Funds. Icahn bought 6.8 million shares of Fannie Mae for $4.03 per share and 5.7 million shares of Freddie Mac for $4.04 per share, according to a court document that was reported by The Wall Street Journal and CNBC. Berkowtiz, who bet early and big on Fannie and Freddie, not only gets to book a nice gain on the shares he sold to Icahn, but he potentially also gets an ally in his effort to make outsized gains from his continued large position in both the common and preferred shares of the GSEs.
Disclosure of Icahn’s bet on one of the most politically explosive and controversial investments going comes in the aftermath of reports about a federal insider-trading probe that is looking at Icahn, golfer Phil Mickelson, and the prominent sports better William Walters. All three individuals have denied any wrong doing and the facts surrounding the federal investigation on the surface suggest it could go nowhere. Icahn did not know about the federal insider trading investigation, which is looking at trading in Clorox in 2011, when he bought shares of Fannie Mae and Freddie Mac from Berkowitz.
Source: Forbes

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Wall Street Wolf, Carl Icahn, William Ackman, Fannie Mae and Freddie Mac, Fannie and Freddie, Bruce Berkowitz, Fairholme Funds, The Wall Street Journal, CNBC, Phil Mickelson, William Walters, Clorox.

Link to This Resource: Fannie and Freddie

http://richard-wilson.blogspot.com/2014/06/fannie-and-freddie.html

Connecticut Hedge Funds Assets

Connecticut Hedge Funds Managing over $1B in Assets

Following to Preqin data research, Connecticut, the third smallest state by area in the United States, has the third-most hedge funds managing more than $1 billion in assets, trailing only New York and London.
If you add up all the assets managed by members of the so-called "Billion Dollar Club," Connecticut leapfrogs London into second place.
The rankings are part of the "2014 Preqin Global Hedge Fund Report" and are previewed in the company's May "Hedge Fund Spotlight" newsletter.
"New York, London and Connecticut are undoubtedly the centres of the billion-dollar club," concluded Preqin, which has offices in London, New York, Singapore and San Francisco.
Overall, New York has 174 hedge fund managers who oversee more than $1 billion in assets, the report said. London has 80 such managers, while Connecticut has 35, California has 34 and Massachusetts has 29, rounding out the top 5.
Collectively, the 35 managers in Connecticut oversee $400 billion in assets, which is only behind New York's $938 billion. Such managers in London oversee $346 billion, while those in Massachusetts are responsible for $190 billion and those in California for $159 billion, the report stated.
Source: Danbury News Times

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Preqin, Connecticut, United States, New York, London, Billion Dollar Club, 2014 Preqin Global Hedge Fund Report, Hedge Fund Spotlight, Singapore, San Francisco, California, Massachusetts.

Link to This Resource: Connecticut Hedge Funds Assets

http://richard-wilson.blogspot.com/2014/06/connecticut-hedge-funds-assets.html

Hedge Funds Industry Control

Preqin Says “Top 500 Hedge Funds Control 90% of Industry Assets”

Following to Preqin research released, the 505 largest hedge fund managers in the world, each with over $1 billion under management, control 90 percent of the industry’s assets.
They collectively manage $2.39 trillion of the industry’s $2.66tn in assets but account for just 11% of active firms, the industry tracker said in a statement.
“The increase in hedge fund assets is being driven by allocations from the largest investors in hedge funds, those which currently allocate more than $1bn to the asset class,” said Amy Bensted, head of hedge funds products.
“With these investors allocating approximately $650bn to hedge funds, an 18% increase from this time last year, it will be important for hedge fund managers to attract inflows from these prominent institutional investors,” Ms Bensted added.
Public pension funds make up 25% of the money invested by those institutions, with sovereign wealth funds at 16%, up from 7% a year earlier, and private sector pension funds making up 15%.
Source: Irish Examiner

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Preqin, Amy Bensted.

Link to This Resource: Hedge Funds Industry Control

http://richard-wilson.blogspot.com/2014/06/hedge-funds-industry-control.html

Huttenlocher’s Myriad Hedge Fund

Myriad Asset Management is Nearing $3B of Assets

Following to sources, the hedge fund led by Carl Huttenlocher former Asia head of Highbridge Capital Management LLC, Myriad Asset Management Ltd., is getting close to $3 billion of assets.
Assets jumped from almost $2.4 billion early this year after Myriad accepted more capital from investors, said the people, who asked not to be identified because the information is private. Huttenlocher said in November 2011 that he planned to stop taking more investor capital when his fund assets hit $2 billion.
The Hong Kong-based hedge fund is expected to restrict new capital soon, one of the people added. Huttenlocher declined to comment, citing regulatory restrictions.
Myriad is one of the largest Asia-based hedge-fund startups since 2008. Investors have favored bigger, established hedge funds since the global financial crisis amid heightened risk awareness and as inflows have been dominated by institutions such as pension funds that are restricted from investing in smaller funds.
Source: Bloomberg

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Carl Huttenlocher, Asia, Highbridge Capital Management LLC, Myriad Asset Management Ltd., Hong Kong, Hong Kong Hedge Fund, Asia Hedge Fund, Startup.

Link to This Resource: Huttenlocher’s Myriad Hedge Fund

http://richard-wilson.blogspot.com/2014/05/huttenlochers-myriad-hedge-fund.html

Ackman's Public Hedge Fund

Bill Ackman to Launch Public Hedge Fund

William A. Ackman, an American hedge fund manager, founder and CEO of hedge fund Pershing Square Capital Management LP., is planning to tap the London Stock Exchange with the launch of a public hedge fund.
While hedge funds typically raise funds privately, the founder of the $13 billion Pershing Square Capital Management is planning to tap the public stock market. Mr. Ackman is aiming to raise billions of dollars for a closed-end fund that could list on the London Stock Exchange as soon as this summer, according to three people briefed on the matter but not authorized to discuss it.
Mr. Ackman, 48, was in London in late April to drum up support among European investors for the fund, according to two of the three people who were briefed.
By raising money in a separate structure from his hedge fund, he can lock up and put to use money that is not subject to investor redemption requests. Investors in the publicly listed entity would be betting on his success as an activist investor. And, unlike most investors in hedge funds, they would be able to sell their shares in the market whenever they wish.
While hedge funds typically insist on restricting investors’ ability to cash out, fund managers have long expressed frustration that when windows do open, investors move too quickly to pull their money during tough times.
Source: New York Times

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, William A. Ackman, Ackman, Bill Ackman, American Hedge Fund, Pershing Square, Pershing Square Capital Management LP., London Stock Exchange.

Link to This Resource: Ackman's Public Hedge Fund

http://richard-wilson.blogspot.com/2014/05/ackmans-public-hedge-fund.html

$70B for Hedge Funds

Barclays Says Over $70B Available for Hedge Funds Looking to Asia

Following to Barclays, a British multinational banking and financial services company, $70 billion is up for grabs for global hedge funds looking to raise money in Asia over the next few years.
Vast private wealth in the region and the rise of several large sovereign-wealth funds has long been an opportunity for global hedge fund managers. Asian investors, though, continue to account for a small portion of industry assets and have proven notoriously hard to win over.
Investors in the region currently account for around US$150 billion invested in global hedge funds, Barclays said, a sliver of the roughly US$2.5 trillion managed by the industry. Of the up to US$70 billion the bank estimates will be on the table over the next few years, roughly half would be new assets.
“There’s this perpetual sense of enthusiasm that tends to originate primarily from North American-based managers that a pot of gold exists in Asia that has yet to be accessed,” said David Bennett, Barclay’s head of capital solutions in Asia. “There is definitely a lot of potential here in terms of raising assets—realizing that potential is a very different matter.”
Source: Wall Street Journal

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Barclays, British Multinational Banking, Asia, Asian Investors, North America, David Bennett.

Link to This Resource: $70B for Hedge Funds

http://richard-wilson.blogspot.com/2014/05/70b-for-hedge-funds.html

Wells Fargo's Cheap Hedge Fund

Pine River Capital Management Helps Mom and Pop to Invest

After years of courting only the super-wealthy, Pine River Capital Management is among the latest big-name funds to crack its doors to private clients with look-alike products known as liquid alternative funds.
As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors.
Now the exclusive hedge fund is making some of its strategies available to Main Street investors who've been warned that bets on stocks and bonds may not see them through retirement. For as little as $1,000, they can include hedge funds in their nest eggs.
As one of seven firms managing money in Wells Fargo's new Alternative Strategies fund, Pine River is among the latest big-name funds to crack its doors to private clients with look-alike products known as liquid alternative funds after years of courting only the super-wealthy.
"Sub-advising portfolios in the (mutual fund) space is a new and diversified source of capital for a firm like ours," said Brian Taylor, who founded Pine River with $350,000 of his retirement money in 2002. "Like anything new, we are taking a measured approach, but we believe it could be a growing part of our business over time."
Source: Business Insider

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Super-Wealthy, Pine River Capital Management, Liquid Alternative Funds, Sovereign Wealth Funds, Wells Fargo, Brian Taylor.

Link to This Resource: Wells Fargo's Cheap Hedge Fund

http://richard-wilson.blogspot.com/2014/05/wells-fargos-cheap-hedge-fund.html

Family Office Database

Family Office Database

How to Work With Family Offices & Raise Capital From Them

We recently put together a short guide on how to do business and create joint ventures together with single and multi-family offices.  This book is a great concise resource for anyone looking to raise family office capital or just learn enough about the marketplace to decide if it is right for them or not.  This guide was put together as a introduction to the marketplace for those purchasing our family office database, so they don't have to go into the space blind to the preferences of this investor type.

The book costs just $5 and can be purchased through amazon here: http://www.amazon.com/Family-Office-Database-Working-Raising/dp/1461009162

Related to: Family Office Database

Tags: Family Office Database, Family Offices Database, Family Office Databases, Family Office Directory, Directory of Family Offices, Database of Family Offices

Link to This Resource: Family Office Database

http://richard-wilson.blogspot.com/2014/05/family-office-database.html

Manhattan’s Skyscrapers

One of Manhattan’s First Skyscrapers Receives Investment from Elliott Management

Elliott Management, the $24 billion hedge fund run by Paul E. Singer, will help to finance the building at 5 Beekman Street, the site of one of Manhattan’s first skyscrapers.
Now, Elliott Management is helping to finance the development of the 130-year-old building and its environs into a hotel and condominium called the Beekman.
Led by Timothy Mackey, the hedge fund’s real estate unit negotiated a $150 million dollar deal last week with GFI Capital Resources, the New York real estate company behind the Ace and NoMad hotels.
It is the second investment by Elliott Management in a Lower Manhattan real estate project in less than a year. Last fall, Elliott teamed up with Time Equities to inject $110 million into a planned 63-story commercial and residential tower project.
Elliott is better known for its activist campaigns, seeking to shake up the boards of corporate America, but real estate has become a growing share of its investments. Before 2009, the firm had little exposure to real estate; today, it has teams of analysts and portfolio managers in London, Hong Kong and Tokyo and investments worth more $2 billion.
Source: New York Times

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Elliott Management, Paul E. Singer, Manhattan, Skyscraper, Beekman, Timothy Mackey, Lower Manhattan, Lower Manhattan Real Estate, Time Equities, America, Real Estate, London, Hong Kong, Tokyo.

Link to This Resource: Manhattan’s Skyscrapers

http://richard-wilson.blogspot.com/2014/05/manhattans-skyscrapers.html

KC Hedge Fund Returns

Kansas City Hedge Fund Keep Earning Strong Returns

Whetstone Capital Advisors, LLC, a Kansas City-based hedge fund investment manager, keeps on growing reaping strong returns.
When Whetstone Capital Advisors LLC President David Atterbury told his friends in 2010 that he was leaving New York City to open a new hedge fund in Kansas City, they thought he had gone crazy.
Most people move to New York to start a hedge fund, not leave it. But Kansas City is where Atterbury and his partner, Thomas McGannon, grew up, and they knew what it had to offer from a quality-of-life and a financial services perspective.
"The startup costs were probably a fraction of what they would have been in New York, and because of that, we've been able to pass along some of our savings as far as infrastructure costs to our investors by charging fees that are about 60 percent of the industry normals," Atterbury said. "Kansas City is also an under-appreciated investment center. It's got names like Waddell & Reed, American Century, Tortoise Capital and Kornitzer Capital. There's a deep bench of both investment analyst talent and service providers."
Source: Kansas City Business Journal

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Whetstone Capital Advisors LLC, KC, Kansas City, Kansas City Hedge Fund, David Atterbury, New York City, NYC, Thomas McGannon, Startup, New York, Waddell & Reed, American Century, Tortoise Capital, Kornitzer Capital.

Link to This Resource: KC Hedge Fund Returns

http://richard-wilson.blogspot.com/2014/05/kc-hedge-fund-returns.html

First International Hedge Fund

The First International Hedge Fund to Raise Fund in China

Ken Griffin’s international hedge fund institution based in Chicago, Illinois, Citadel LLC, is the first international hedge fund to complete fundraising from Chinese wealthy individuals and companies through a local unit.
Citadel (Shanghai) Foreign Investment won regulatory approval for currency exchange on March 26, marking the first qualified domestic limited partner, or QDLP, to have successfully completed fundraising in China, according to a statement from the Shanghai government’s information office.
China’s leaders have pledged to promote freer movement of capital in and out of the country and make the exchange rate more market-based for investment purposes. Shanghai started the QDLP program last year to allow international hedge funds to raise capital in the local currency in China for overseas investments, aiding the government’s experiment with capital account convertibility and advancing its plan to build Shanghai into a financial center.
Source: Bloomberg

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Ken Griffin, Chicago, Illinois, China, Chinese Wealthy Individuals, Citadel (Shanghai) Foreign Investment, Shanghai.

Link to This Resource: First International Hedge Fund

http://richard-wilson.blogspot.com/2014/05/first-international-hedge-fund.html

US Alternative Investments

Alternative Investments Gaining Popularity among Investors

As investments results were reported from some of the major endowment investors across America, alternative investments are gaining a lot of popularity among investors.
When the average investor hears terminology including hedge funds, private equity and derivatives, the most common misconception is that alternative investment are really meant only for the clients who have an extremely high net worth.
It’s true that these investments are more sophisticated in general than regular investments.  Investors need to make sure their risk tolerance, time frame, and overall financial suitability are line with any suggested alternative-investment idea.
However, there is a bevy of mutual funds and exchange traded funds that are offered at fairly low minimums today in investment arenas such as commodities, currencies, managed futures, and absolute return/hedge funds for the regular retail investor. Remember, that for alternatives to have a real effect on your portfolio, you might be looking at more than a small percentage of a portfolio allocated to these various positions, again based on your personal situation and suitability.
Source: Wall Street Journal

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Alternative Investments, Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment.

Link to This Resource: US Alternative Investments

http://richard-wilson.blogspot.com/2014/05/us-alternative-investments.html

Hedge Fund Investing Guide

Kevin Mirabile Introduces Understanding Hedge Fund Investing Guide

Kevin Mirabile, a financial professional with over twenty years of business development, regulatory, financing, trading, and sales experience in the hedge fund sector, has introduced a guide called Understanding Hedge Fund Investing.
Page–by–page, this reliable resource offers valuable insights into one of the most competitive parts of the investment world. Along the way, you′ll become familiar with the evolution of hedge funds and their structure as well as discover what types of individuals and institutions invest using hedge funds. Mirable also takes the time to examine the risks of investing in hedge funds and talks about hedge fund financial statements and taxation.
Provides complete coverage of this important investment vehicle, from its different types of investing strategies and styles to what it takes to be a hedge fund manager Multiple–choice questions follow each chapter to assess your comprehension of the topics covered A companion Website contains portfolio models that can be uploaded for use as well as supplementary material that allows you to learn in a hands–on fashion long after closing the book Hedge funds offer investors opportunities that aren′t usually found elsewhere. But to benefit from them, you first must understand them. This book has the information you need to succeed at this difficult endeavor.
Source: ebookee

Related to: Hedge Fund Update

Tags: Hedge Fund of Funds Business, Hedge Fund, Hedge Funds, Fund of Hedge Funds, Hedge Fund of Funds, Hedge Fund industry, Hedge Fund Group, Hedge Fund Market, Hedge Fund Investments, Hedge Fund Advisory Firm, Hedge Fund Returns, Kevin Mirabile, Business Development, Regulatory, Financing, Trading, Sales Experience, Understanding Hedge Fund Investing

Link to This Resource: Hedge Fund Investing Guide

http://richard-wilson.blogspot.com/2014/05/hedge-fund-investing-guide.html
Redesign by HedgeCo Website Creation