Hedge Fund Highlights: Carl Icahn, Paul Singer & Philip Falcone

Fourth defendant indicted in Carter’s Inc. trading conspiracy (Atlanta Business Chronicle)
Steven E. Slawson was indicted by a federal grand jury for participating in a long-running insider trading conspiracy involving Atlanta-based Carter’s, Inc. (NYSE:CRI) stock. According to U.S. Attorney Sally Quillian Yates, the charges, and other information presented in court: Slawson, 67, of Lebanon, N.J., was the co-founder of Titan Capital Management LLC, a hedge fund manager in Parsippany, N.J. At Titan, Slawson co-managed a multimillion dollar portfolio of the securities of publicly-traded companies.

Without Ballmer, goal remains the same for Chris Hansen (KGMI)
San Francisco hedge fund manager Chris Hansen is still committed to returning the NBA to Seattle. Just a day after his top financial partner entered into a deal to buy the L.A. Clippers, the Seattle Arena investor released a statement congratulating Steve Ballmer on his bid and reassured Emerald City hoop fans that the goal remains the same.

Activist Fund Blue Harbour Sells Minority Stake to Neuberger Berman Fund (Wall Street Journal)
Activist investor Blue Harbour Group LP sold a roughly 20% stake to investment manager Neuberger Berman Group LLC, according to a letter sent to Blue Harbour investors Thursday and people familiar with the matter. Blue Harbour CEO Clifton S. Robbins, who labels himself as a friendly activist and says he won’t fight the public campaigns many activists are known for, told his investors in the letter that Neuberger’s presence would help with boards and management.

Huttenlocher’s Myriad Hedge Fund Said to Approach $3 Billion (Bloomberg)
Myriad Asset Management Ltd., the hedge fund led by former Highbridge Capital Management LLC Asia head Carl Huttenlocher, is approaching $3 billion of assets, said three people with knowledge of the matter. 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.

KKR closes equity hedge fund (Opalesque)
Global investment firm KKR & Co. L.P. (NYSE:KKR) or Kohlberg Kravis Roberts said it would shut down its hedge fund that invests in stocks after making waves in 2010 when the firm poached a team of proprietary traders from investment bank Goldman Sachs Group Inc (NYSE:GS), various media reported. The New York Times said KKR’s hedge fund division, KES, has divested its positions and would return investors money in the coming days. The proprietary team, led by Robert Howard, failed to achieve the goal set by KKR. KES managed $510m in assets as of May, with around $337m from outside investors.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!