Hedge Fund Highlights: Michael Platt, Steven Cohen & Ken Fisher

Kepos Capital Selects MSCI for Open Protocol Reporting (PYMNTS.com)
Msci Inc (NYSE:MSCI), a leading provider of investment decision support tools worldwide, today announced that Kepos Capital L.P. (Kepos Capital) has selected MSCI for Open Protocol reporting, an industry wide risk reporting initiative. MSCI will generate the Open Protocol reports by leveraging Kepos Capital’s participation on HedgePlatform, MSCI’s industry-leading hedge fund transparency tool which covers over 1,400 hedge funds, including over 80 of the top 100 global funds.

Singer Says Derivatives He ‘Loves Trading’ Hurt Society (Bloomberg)
Billionaire hedge-fund manager Paul Singer said derivatives have been a “net negative” for society and that the touted hedging benefits have been overstated by financial companies. “I love trading them,” Singer, whose Elliott Management Corp. manages $23.9 billion, said during a panel discussion at the World Economic Forum in Davos, Switzerland, today. “On balance, there’s been a net negative to society from this particular type of invention.”

Think Investments Raises $270 Million for Two New Hedge Funds (Businessweek)
Think Investments, a hedge fund manager run by a former analyst from Valiant Capital Management, has raised more than $270 million for two funds, according to regulatory filings. Think Investments Fund LP has raised $148.4 million and Think Investments Offshore Ltd. brought in $121.9 million, the firm said yesterday in filings with the U.S. Securities and Exchange Commission. Shashin Shah, who is listed as the managing principal of both funds, left San Francisco-based Valiant in 2013 to become a researcher at Think, according to his LinkedIn profile. Prior to that, he worked at Blue Ridge Capital until 2008.

Hound Partners Raises Over $200M For Pair Of Hedge Funds (FINalternatives)
New York-based Tiger seed Hound Partners, founded by Jonathan Auerbach, launched a pair of hedge funds on January 1—a concentrated fund and a long fund. Auerbach has raised $130 million for the on and offshore versions of the the Hound Partners Concentrated Fund and about $95 million for the on and offshore versions of the Hound Partners Long Fund, according to regulatory filings.