Hedge Fund Billionaire Warns of Disorder, Low Investment Returns in U.S. (Big News Network)
“We may see a situation in which neither side accepts losing and that conflict could be bad,” says Ray Dalio. The United States is facing great challenges due to disorder and investors are expected to experience a period of very low investment returns amid high inflation and monetary tightening, U.S. billionaire investor and hedge fund manager Ray Dalio has told Xinhua.
Hedge Fund Executive Saunders Buys Highland Beach Mansion for $35M (Photos) (Biz Journals)
Paul H. Saunders, a founder and CEO of hedge fund James River Capital Corp., and his wife, Victoria B. Saunders, who previously worked in human resources, paid $34.7 million for an oceanfront mansion in Highland Beach. The estate of the late Mark E. Hamister, with Daniel M. Hamister of Buffalo, New York as representative, sold the 13,679-square-foot home at 2445 S. Ocean Blvd. Gerard Liguori, Joseph Liguori and Carmen D’Angelo of Premier Estate Properties represented the seller in the deal, while Marcy F. Javor of Signature One Luxury Estates worked with the buyers. The price equated to $2,537 a square foot.
Hedge Fund Returns to Court in Battle to Buy Lee Enterprises (Chicago Tribune)
The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a bid to settle a dispute over how votes for two longtime board members should be counted next month at the company’s annual meeting. Alden Global Capital has already lost one lawsuit in the takeover battle when a judge decided last week that it wouldn’t be able to nominate its own directors at Lee’s March 10 annual meeting. Now it wants the court to decide how many votes Lee’s chairman and its lead independent director need to be re-elected.
Photo by Marga Santoso on Unsplash
German Market Update: Infrastructure’s Rise and ESG Transparency (Preqin)
The German alternatives market has shown stability and growth during uncertainty in 2021. Preqin data shows an increase in assets under management of 39% in the past three years, from €59bn in 2017 to €91bn as of January 2022. In this factsheet, we look at the changes the German alternatives market has experienced in the last year, and how ESG has introduced new opportunities.
Edward Eisler Starts New Fund in Multi-Strategy Push Like Brevan Howard (Bloomberg)
Edward Eisler is preparing to start his third hedge fund, adopting a route taken by rival Brevan Howard Asset Management to turn his eponymous investment firm into a multi-strategy trading powerhouse. Eisler Capital is set to launch the Eisler Capital Structure Opportunities Fund in the first half of 2022, according to people with knowledge of the matter. It will be managed by Graham Wood and James Atkinson, who joined last year, having previously worked for Myriad Asset Management, according to the people who asked not to be identified because the details are private.
