Hedge Fund News: Wilbur Ross, Bill Ackman & George Soros

Page 1 of 2

Billionaire investor Wilbur Ross in new Irish property deal with Cardinal Capital (Independent)
The US billionaire’s firm and Irish investment house Cardinal have signed a joint venture which aims to raise €400m for property investments. The new fund will be open to new investors as well as those who backed Wilbur Ross previously on deals including his successful Bank of Ireland (ADR) (NYSE:IRE) play. …Mezzanine finance is a relatively risky form of investments that bridges the gap between loans and pure equity – a mezzanine provider typical charges interest but unlike traditional lenders is well back in the queue to be repaid if a deal fails.INVESCO PRIVATE CAPITAL Wilbur Ross

Chinese port probe may spread to iron ore, soybeans -hedge fund (Reuters)
The Chinese probe into financing of copper and aluminium may spread to other commodities such as iron ore and soybeans, an executive of a commodity hedge fund said on Wednesday. Banks and trading houses have been making urgent checks on the security of metal holdings in China, sparked by a suspected fraud at Qingdao Port, the world’s seventh biggest. Police are investigating the duplication of warehouse receipts by a third-party firm on metal cargos used to obtain financing.

Research Report Still Has Polygon Reeling (Finalternatives)
Polygon Investment Partners was mad last month over a research report attacking one of its largest investments, and it’s even madder now. Polygon’s 11-month winning streak was snapped in April, after Gotham City Research called Quindell Portfolio “a country club built on quicksand” whose shares are worth no more than £0.03. The firm distributed its report to a number of hedge funds, sending its shares plummeting. Those losses extended into last month, sending Polygon down 1.39% and cutting its year-to-date gains to 8.69%.

Ex-China Sovereign Manager Plans Hedge Fund (Finalternatives)
A former top stock manager at China’s sovereign wealth fund is set to launch a long-biased hedge fund focused on the country. Yu Bin, who served as managing director of public equities at the China Investment Corp., left the fund earlier this year for personal reasons after five years. Among his responsibilities at the US$650 billion SWF was allocating to external long-only stock funds, the demand for which he now hopes to tap. “For anyone interested in value and performance over the long term, this should be a great opportunity for managers, such as Yu Bin, looking to launch long-biased China funds,” Eurekahedge CEO Alex Mearns told Bloomberg News.

Lorrie Landis joins Robin Judson Partners (Greenwich-Post)
Robin Judson Partners, an executive recruiting firm focused on hedge funds, private equity and investment banking, has appointed Greenwich resident Lorrie Landis as a Managing Director. In this role, Ms. Landis will serve as a senior recruiter on the Robin Judson Partners team. She will be responsible for positions in research, marketing, trading and portfolio management. “Robin Judson Partners is the premiere search firm for asset management which fits seamlessly with my experience,” Ms. Landis said.

Activist Hedge Fund Firms Eye European Targets (InstitutionalInvestor)
Last October William Ackman, founder of New York hedge fund firm Pershing Square Capital Management, announced to an audience at Oxford University’s Said Business School that shareholder activism – largely a pursuit particular to U.S. hedge fund titans – “is going to happen” in Europe. The dots began to connect when news broke this spring that Ackman was raising money for a closed-end fund that could possibly list on the London Stock Exchange this summer. The wave of U.S. activism of the past few years has largely remained on the western shore of the Atlantic. In the meantime, European companies have been watching and taking notes…

Cramer’s Mad Dash: Ulta’s terrific quarter (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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

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!