Hedge Fund News: Bill Ackman, Jim Rogers & Starboard Value LP

Page 1 of 2

Ackman’s Pershing Square Holdings fund up 31.2 YTD (Reuters)
Billionaire investor William Ackman‘s Pershing Square Holdings portfolio, the hedge fund he plans to list publicly later this year, has gained 31.2 percent this year through August, an investor in the fund said on Wednesday. The portfolio gained 3.1 percent last month, extending its already strong gains for the year which have made it one of the industry’s best performing funds this year.

Can hedge funds beat the market

Elliott Wants Proof Of Argentine Threats Against Citi (Finalternatives)
Citigroup Inc (NYSE:C) has asked a federal appeals court to allow it to make future payments on Argentine bonds, arguing that it would jeopardize its license to operate in the country if it didn’t. Elliott Management wants the bank to prove it. The hedge fund, which is battling Argentina for payment on debt the country defaulted on in 2001, issued a subpoena to Citi seeking evidence that Argentina has threatened it with punitive action if it fails to deliver the payments.

Eric Cantor Joins Donor’s Boutique Hedge Fund & Private Equity Firm (HedgeCo)
Former Republican politician Eric Cantor has joined Moelis & Company as vice-chairman at a salary over $1 million a year, The Guardian reports. Moelis was a donor and political supporter of the former House majority leader from Virginia. Moelis & Company’s asset management business includes private equity firm Moelis Capital Partners and hedge fund Gracie Asset Management. In addition to these two asset management platforms, Moelis & Company recently acquired Freeport Financial Partners LLC to expand its asset management business to provide capital solutions to middle market companies.

Billionaire hedge fund manager’s divorce latest (HereIsTheCity)
The New York Times reports that now his wife, Anne Dias Griffin, is having her say. In documents filed in Cook County, Ill., on Tuesday, Ms. Griffin responded to her husband’s divorce petition with a formal request for sole custody of their three children and for permission to move them to New York. Perhaps more surprisingly, she also argued that a prenuptial agreement that the two signed in 2003 was actually done under duress and should be voided. The two filings suggest that the breakup of the Griffins, one of Chicago’s richest and most prominent power couples, will move from domestic dispute into public brawl.

Fresh Off Its Darden Victory, Starboard Launches New Fund (InstitutionalInvestorsAlpha)
Starboard Value, the New York-based activist hedge fund firm headed by Jeffrey Smith, has launched a new hedge fund, according to a regulatory filing. The firm’s newest offering will be called the Starboard Partners Fund. The regulatory filing for the new fund indicates that Starboard has not raised any money yet. Starboard is not actively marketing the fund and has only a small amount of money in it, according to a person familiar with the fund. It is not clear what the advantage…

Stop trading Apple, own it: Cramer (CNBC)

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

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

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!