Hedge Fund News: Carl Icahn, The Blackstone Group L.P. (BX), Herbalife Ltd. (HLF)

Page 1 of 2

Editor’s Note: Related tickers: The Blackstone Group L.P. (NYSE:BX), Herbalife Ltd. (NYSE:HLF), The Hain Celestial Group, Inc. (NASDAQ:HAIN), Goldman Sachs Group, Inc. (NYSE:GS)

Carl Icahn Sells Half His Stake In Hain Celestial Group For $292 Million (JewishBusinessNews)
Stock picking is something of an art, and will always be very far from a science, but private equity king Carl Icahn seems to pick many more winners than losers these days. On Tuesday it was announced by The Hain Celestial Group, Inc. (NASDAQ:HAIN), a producer of organic and natural foods, that Icahn is selling about half of his shares in the company. In the press release Hain said that Icahn and his related companies have now sold 3,650,000 shares of common stock in the Lake Success, New York, company to an investment bank Jefferies LLC.

Carl Icahn - Icahn Capital Lp

Goldman Said in Talks With GIC, Blackstone on Rothesay Stakes (Businessweek)
Goldman Sachs Group, Inc. (NYSE:GS) is in talks to sell a majority stake in its European insurance business to Singapore’s GIC Pte and The Blackstone Group L.P. (NYSE:BX), according to a person with knowledge of the transaction. Both GIC, Singapore’s sovereign wealth fund, and The Blackstone Group L.P. (NYSE:BX), the world’s biggest private-equity firm, may each buy a stake of about 30 percent in Rothesay Life Ltd., a London-based insurer run by Goldman Sachs partner Addy Loudiadis, said the person, who asked not to be identified because the negotiations are private. Massachusetts Mutual Life Insurance Co. may also buy 6 percent, the person said.

Herbalife signs up big-shot lobbyists (NYPost)
Herbalife Ltd. (NYSE:HLF) is prepping for war in Washington. The controversial multi-level marketing company led by CEO Michael Johnson has added the Podesta Group, a high-powered DC lobbying firm run by Tony and John Podesta, to its growing list of lobbyists. …Hedge-fund activist Bill Ackman has been pressing for Washington to shut Herbalife down — accusing the Los Angeles distributor of nutritional supplements of being a pyramid scheme. Herbalife Ltd. (NYSE:HLF) has denied the accusation.

Hedge fund industry sets out policy principles (GlobalInvestorMagazine)
The Alternative Investment Management Association (Aima) has published an enhanced statement of policy principles covering investor protection, regulatory consistency, systemic risk and market integrity. The paper, Regulating Capital Markets: AIMA’s Policy Principles, sets out Aima’s views on improving investor protection, the segregation and protection of investor assets and collateral and calls for regulation reflect the difference between retail and professional investors.

Pine River Preps $150M China Hedge Fund (Finalternatives)
Pine River Capital Management will launch a China-focused hedge fund next month with as much as $150 million in initial capital. The Minnesota-based hedge fund, which has more than doubled its assets under management over the past two years to $13.6 billion, expects the China Fund to debut with at least $100 million. The fund will be managed by Dan Li, its co-head of Asian trading. Li joined Pine River last year from Magnetar Capital, where he led its China business from 2005 through 2011, and formerly worked at Citadel Investment Group.

Hedge fund haul (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

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

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

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!