Hedge Fund News: Daniel Och, Murray Stahl & George Soros

Page 1 of 2

Och-Ziff Falls on Report Saying Firm Financed Africa Deal (Bloomberg)
Och-Ziff Capital Management Group LLC (NYSE:OZM) fell the most in three weeks after the Wall Street Journal reported that the hedge-fund firm run by Daniel Och helped finance controversial oil and mining deals in Africa. Och-Ziff made two loans with a total value of $234 million to companies controlled by Israeli billionaire Dan Gertler, the newspaper said, citing documents. The loans were routed through offshore companies, the paper said.

Och-Ziff Capital ManagementHedge fund buying doubles Minneapolis Grain Exchange seat prices (Reuters)
Hedge fund manager Murray Stahl has bought 13 percent of the seats on the last independent U.S. grain exchange, doubling prices and fueling speculation he may want a platform to trade his fund’s products or even to cash in on a potential takeover, industry sources said on Monday. The Minneapolis Grain Exchange (MGEX) survived rounds of consolidation among global exchanges that created giants like CME Group Inc (NASDAQ:CME), based in Chicago, and ICE, a network of exchanges including the New York and Euronext stock markets.

George Soros Further Reduces Stake In Exar Corporation (EXAR) (Insider Monkey)
George Soros has decided to further trim his stake in Exar Corporation (NASDAQ:EXAR) and has sold 26,577 shares in two transactions at prices of $11.23 and $11.24 apiece, according to a recent filing with the Securities and Exchange Commission. As a result, his fund, Soros Fund Management is now holding approximately 4.93 million shares, which, given the current market price of $11.12, carries a value in excess of $54.9 million. In January, George Soros has already reduced exposure to Exar Corporation, selling approximately 985,700 shares.

Pine River Parts Ways With Reinsurer Execs. (FINalternatives)
Pine River Capital Management’s road to joining the reinsurance business is proving a winding one. The hedge fund hopes to join the likes of Third Point and Greenlight Capital with an affiliated reinsurer that will invest its premiums with Pine River. The firm initially sought to buy SAC Capital Advisors’ reinsurer, but the unit ultimately went to Two Sigma Investments.

Ackman documentary stars alleged Herbalife victims (New York Post)
In his quest to bring down Herbalife, activist investor Bill Ackman will publicly showcase a documentary about former Herbalife Ltd. (NYSE:HLF) distributors who say they were defrauded by the company. Ackman, who has bet more than $1 billion that Herbalife’s stock will collapse, is offering the film as his latest evidence that the controversial nutrition products company is a pyramid scheme. He said his Pershing Square hedge fund commissioned the 15-minute documentary last year to get alleged victims before regulators and the public.

‘Huge amount’ of dry powder in private equity: Pro (CNBC.com)

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

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!