Tiger cub Tigershark Partners to shutter... [more]Bailey McCann, Opalesque New York: Tiger cub hedge fund Tigershark Partners will close by the end of this month according to a Bloomberg report. Tigershark is a $100 million market
Cohen's private investments deliver strong 7.5% gain in Q1... [more]From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns.
Cohen's Point72 Asset Management, which invests
Asia-Pacific hedge fund industry grows by almost 30% in 2014... [more]The Asia-Pacific hedge fund industry reached $145bn in assets under management at the end of 2014, up from $112bn as of December 2013. Preqin has analyzed the growth of this market within the global hedge fund community in our latest report, and other key findings include:
Apollo, KKR get Texas mandate expanded to $10bn... [more]From Bloomberg.com: Apollo Global Management LLC and KKR & Co. secured an additional $4 billion from the Teacher Retirement System of Texas, expanding the pension’s separately managed accounts with the two private equity firms to $10 billion. The pension, known as Texas Teachers, approved two resolu
North America - Garcia rails against Emanuel's 'pay-to-play' politics... [more]From Suntimes.com: Mayoral challenger Jesus “Chuy” Garcia on Tuesday stood outside the Loop headquarters of billionaire Ken Griffin’s hedge fund and railed against the “pay-to-play politics” of Mayor Rahm Emanuel.
As Garcia spoke, a campaign aide held up a show-and-tell poster entitled, “Pay-t
Commodities - Corn futures slump as funds flee, but soy, cotton recover... [more]From Agrimoney.com: The hedge funds which clamored to close their short positions in corn last week may wish they hadn't. The rebound of more than 7% in corn futures from a March 18 low - fuelled by ideas that today's US Department of Agriculture on corn sowings would show a drop of 1.9m acres or mo
…And Finally - Dad ties boy to Chevrolet Camaro to pull out tooth... [more]From Sky.com: A Florida father's video of him pulling his son's tooth by tying the boy to the back of his muscle car and driving off has gone viral.
Robert Abercrombie is shown revving up the Chevrolet Camaro before hitting the accelerator as the string dangles from his eight-year-old's mouth.