Hedge Fund News: Warren Buffett, Chris Hohn & Carl Icahn

Page 1 of 2

Buffett’s Berkshire Sets Final Terms for TV-Station Deal (WSJ)
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.B) +0.79% added a television station to its media holdings with the acquisition of Miami-based WPLG-TV from Graham Holdings Co (NYSE:GHC) +0.51% The roughly $1.1 billion share-swap deal, which was announced in March, closed Tuesday after securing approval from the Federal Communications Commission. Although the outlines of the transaction were laid out in previous regulatory filings, the exact number of shares exchanging hands was established only at the deal’s closing…

Berkshire Hathaway

The Next Phase of Hedge Fund Industry: Regulation (HedgeCo)
Regulation will be the key driver in the next phase of the rapidly evolving hedge fund industry, according to Part II of the Citi Investor Services’ 5th Annual Industry Evolution survey. Previous Citi surveys have discussed key drivers of the industry since the global financial crisis, and throughout this period a broad and significant set of global regulations was being formulated. The complexity and scope of the rulemaking has so far had no real impact on the day-to-day operations of hedge funds. But now, with major implementation deadlines from the overhang of Dodd-Frank, Basel III, EMIR and AIFMD finally upon us, these regulatory drivers will now be the predominant force of industry change.

TeamCo Advisers Releases White Paper on the Risk Paradox of Unrestrained Equity Volatility in Liability-Driven Investing Vehicles (DigitalJournal)
TeamCo Advisers, LLC (“TeamCo”), a privately owned investment advisory firm that manages portfolios of select hedge funds and other opportunistic alternative assets, today provided an in-depth view of Liability-Driven Investing (“LDI”) strategies for corporate defined benefit plan sponsors, specifically focusing on the importance of increasing hedge fund exposure in the LDI growth portfolio in order to reduce volatility. The paper, entitled “Buckle Up, For (Your DB Plan) Safety — the Risk Paradox of Unrestrained Equity Volatility in Liability-Driven Investing Vehicles,” was co-authored by TeamCo Managing Director Jeremy M. Kish, CAIA and TeamCo Director Savannah A. Thompson, CAIA.

Hedge fund couple in billion-dollar divorce case (TheGuardian)
The wife of a hedge fund tycoon is seeking hundreds of millions of pounds in what could be the largest divorce award ever made in a British court. Lawyers for Jamie Cooper-Hohn, 49, argue that she is entitled to half the property, shares and businesses held by her husband, Sir Christopher Hohn. The couple had four children, including triplets, before she petitioned for divorce in March 2012. The dispute extends to the true value of their personal wealth, which has been estimated at as much as $1.4bn (£817m). Cooper-Hohn’s lawyers argue that she is entitled to a 50/50 split; his lawyers have offered her 25%.

Argentina Misses Payment, Not Talking With Hedge Funds (Finalternatives)
Argentina is now technically in default on nearly $30 billion in debt, but the country appears to be in no hurry to resolve its dispute with hedge-fund holdouts from its last default 13 years ago. The South American country yesterday failed to make more than $500 million in payments on debt restructured after its 2001 default. Argentina transferred the money to its U.S. bank, The Bank of New York Mellon Corporation (NYSE:BK), but that firm bowed to the threats of a federal judge and refused to send it along to bondholders. The same judge, U.S. District Judge Thomas Griesa, has ruled that Argentina can only pay the exchange bondholders if it pays the holdouts, led by Elliott Management, $1.5 billion.

Cramer: New Jersey taxes way too high (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!