Hedge Fund News: Julian Robertson, Nat Rothschild & Marc Lasry

Page 1 of 2

Hedge fund nearly doubles Delek stake (NashvillePost)
A $4.7 billion hedge fund manager run by a disciple of legendary investor Julian Robertson has in recent weeks substantially increased its stake in Delek US Holdings, becoming the second outside investor to own at least 5 percent of the local company. New York-based Steadfast Capital Management on Monday filed papers with the Securities and Exchange Commission saying it owned 3.7 million shares of Delek as of June 25. That amounted to 6.2 percent of Brentwood-based Delek, which runs refineries in Texas and Arkansas and owns the Mapco chain of gas stations, and was up from just 1.9 million shares at the end of March.

TIGER MANAGEMENT

New Jersey plans hires in alternatives investments (Reuters)
The New Jersey Division of Investment plans to hire up to three senior investment professionals for its alternative investments team, and may hire money managers to run additional separate accounts, Director Chris McDonough told Reuters Buyouts Magazine. The professionals would be tasked with helping to manage the $79 billion pension system’s private equity, real estate, real assets and hedge fund portfolios. Duties include sourcing investments, performing manager due diligence, negotiating partnership agreements, managing relationships with outside consultants and presenting recommendations to the New Jersey State Investment Council, according to a job description.

Ex-Trader Spurns Hedge Funds to Market Coconut Water (Bloomberg)
When former hedge-fund trader Jane Gottschalk went back to work in Hong Kong after having five children, the finance world wasn’t her top pick. Her more-dynamic choice: coconut water. Jing Holdings Ltd., the company she founded with her husband and two Hong Kong-based businessmen, attracted Elton John as a shareholder and now sells its Jax Coco brand of coconut water in 30 markets worldwide. After debuting in June 2012 in London’s Harvey Nichols department store and Hong Kong’s City’ supermarkets, Jax Coco can be found in Whole Foods Market, Inc. (NASDAQ:WFM) in the U.S., the first-class lounge of Eurostar trains, a Nobu restaurant in London and the Upper House, Peninsula and Four Seasons hotels in Hong Kong.

How To Invest With A Rothschild – In Iraqi Oil (Forbes)
Whether there is war or peace in Iraq, whether the country holds together or falls apart, the oil will flow. If you want to take a flyer on your own little piece of the future of Iraqi oil, the stock to buy is probably Genel Energy. The company has the highest production volumes and arguably the best oilfield assets in the Kurdish Region of Iraq. And its prospects are protected not just by the loyal peshmerga forces of the Kurdish Regional Government, but also by a robust safety net of international business giants. Genel’s big backers are banking scion Nathaniel Rothschild and Turkish billionaire Mehmet Emin Karamehmet. The company’s CEO is Tony Hayward, the former head of BP , who also happens to be chairman of commodities giant Glencore PLC. Genel’s CFO used to be the head of U.K. investment banking for Goldman Sachs Group, Inc. (NYSE:GS).

Hedge Fund Survey: 2013 Showed Record Fund Launches (HedgeCo)
Morningstar and Barron’s today released highlights of their eighth annual national survey examining the perception and usage of alternative investments such as hedge funds among institutions and financial advisors. “Mutual funds continue to grow as the vehicle of choice for accessing alternative strategies. 2013 marked the strongest asset flows into alternative funds and the largest number of fund launches on record,” Josh Charlson, director of manager research, alternative strategies, said. “For the fourth year in a row, long-short strategies garnered the most interest, but growing apprehension toward the bond market has also contributed to blistering growth in nontraditional bond funds.”

Cramer doesn’t believe panic is a strategy (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

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

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

Top 6 Cities For The Ultra Rich to Live in Comfort

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

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!