Hedge Funds Clip Facebook Shares in Q3
The space’s top dogs ditch the social media company’s stock during Zuck’s problematic year.
The space’s top dogs ditch the social media company’s stock during Zuck’s problematic year.
Private equity, real estate, and natural resources funds also represented.
Struggling firm’s founder said the fund had ‘recently not delivered’ expected results, and will return more than $1 billion by year-end.
The two alternatives firms will close at year-end, unhappy with recent performances.
Despite mediocre returns in 2018, most investors are optimistic about the next 12 months.
Summit will help institutions vet talent for the new seeding platform.
Report names asset managers profiting from private prisons.
CTAs, macro, and relative value strategies disappoint, but credit strategies gain the most.
Allright replaces InfraHedge’s co-founder Bruce Keith, who left in January.
Report finds US holds 72% of the global hedge fund assets.
Growth of holdings climbed 8% last year, Preqin data indicate.
The last month in Q2 ends rocky, but the YTD and one-year returns are still OK.
Half of returns are positive, half negative, for an overall uninspiring performance.
Anthony Caruso will run the new stable value section after hedge operations were split in two.
Davidson Kempner Capital Management takes issue with state’s code of ethics.