Hedge Fund Highlights: Jeffrey Ubben, Paul Singer & Carl Icahn

Page 1 of 2

Success of ValueAct Hedge Fund Has Dented Its Maneuverability (Wall Street Journal)
Activist investor ValueAct Capital Management has long flown under the radar, working behind the scenes to turn companies around. After it nabbed a board seat at Microsoft Corporation (NASDAQ:MSFT) in August, the first time a shareholder not affiliated with Microsoft landed a director post, appreciation has spread notably beyond its investor base. Chief executives seem more willing to take calls, said ValueAct founder Jeffrey Ubben, a lanky former Fidelity portfolio manager who grew up outside Chicago.

VALUEACT CAPITAL

Billionaire Singer Gives Rove’s Super-PAC $1 Million (Bloomberg)
Billionaire hedge-fund manager Paul Singer donated $1 million to a super-political action committee advised by Republican strategist Karl Rove. Singer, who leads New York-based Elliott Management Corp., provided most of the $1.7 million that the super-PAC American Crossroads raised in May, according to a filing yesterday with the Federal Election Commission in Washington. American Crossroads, which is aiding the Republican bid to hold the party’s U.S. House majority and gain control of the Senate, has raised more than $11 million for the 2014 elections. Singer gave $250,000 to the super-PAC in March.

Icahn Insider Probe Expands With New Subpoena (FINalternatives)
Federal investigators have not been deterred by difficulties and setbacks in an insider-trading probe involving Carl Icahn, famed golfer Phil Mickelson and a noted gambler. Federal authorities in recent weeks issued a subpoena to Dean Foods Co (NYSE:DF), one of the two companies in the investigation, The Wall Street Journal reports. The request for information comes three years after the Securities and Exchange Commission sought information from The Clorox Co (NYSE:CLX) and Icahn.

US hedge fund billionaire to launch distressed debt IT (Investment Week)
US hedge fund billionaire Marc Lasry is planning to launch a distressed debt-focused investment trust for the UK market in September, Investment Week understands. Lasry is expected to seed it with several hundred million dollars of his own money, while J.P. Morgan Cazenove is tipped to act as a broker. Lasry has been meeting investment trust buyers over the past six months to canvass support for the launch.

Winton Capital pays out £150m to Harding and staff (Financial News)
Staff at Winton Capital Management, Europe’s fourth-largest hedge fund, have enjoyed a bumper payout after strong financial performance in 2013. Winton paid dividends on Class A shares – which are around 70% owned by founder David Harding and employees, according to a person familiar with the situation – of £93.7 million for 2013, around twice the previous year’s £46.6 million, according to a Companies House filing. The 2013 dividends come on top of £84 million in remuneration for the firm’s 281 employees, up from £69.9 million the previous year.

Patterson’s best idea (CNBC.com)

Page 1 of 2
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

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

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

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!