Hedge Crunch FinancialCompany Spotlight
Companies Trying to Attract Women to Hedge Fund Sector
The hedge fund space controls an estimated $3 trillion, and women manage about 1 percent of that. Of every 100 fund managers, only 20 are women. This data shows starkly the glaring gender imbalance is this exclusive club of hedge fund executives. This is contrast to the strides gender equality has made recently in other […]
Discount Fees Attracts Money to BlackRock Style Advantage Fund
At a time when many, if not most hedge funds are losing assets, one fund has doubled its assets over the past six months. BlackRock’s Style Advantage fund grew to $1.6 billion during the first half of 2017 doing something other funds have been fearful of doing: charging less than the almost sacred 1% management […]
Investments and Growth: The Silverfern Group
International multi-asset class investment management firm, the Silverfern Group recently announced some of its noteworthy investments and growth patterns. Co-Managing Partner and CIO, Clive Holmes, together with co-Managing Partner Reeta Holmes, recently attended the firm’s 2017 Annual Meeting in New York City. There, both partners spoke of the recent investments made in the company. According […]
Old Fund Opening to New Owners
For the first time in Blenheim Capital Management’s history ownership of the company is opening to new blood. Willem Kooyker, the 74-year-old pioneer in commodities investing, launched the fund almost thirty years ago, specializing in natural resources, such as oil, agriculture, metal and everything in between. With about $1.5 billion assets under management, at its […]
Blue Nile Announces Acquisition
In recent news, online jeweler Blue Nile announced the acquisition of the company by an investor group, which was comprised of Bain Capital Private Equity, Bow Street and Adama Partners. The transaction was approved by Blue Nile’s shareholders on February 2, 2017. As the Blue Nile Chairman, CEO and President Harvey Kanter explained, “Blue Nile […]
NYU Drop Out Starts Hedge Fund Worth $5 Million
Julian Marchese is one 20-year-old who knows what he wants. And what he wants is to succeed in the world of finance, and more specifically, in the world of hedge funds. Last year, when Marchese was still a student, he launched Marchese Investments from his dormitory room. When Business Insider interviewed him last September Marchese […]
California’s Agile Fund Adds Hedge Fund Experts to Managing Team
Agile Fund Solutions, a money management firm based in California, announced that Greg Gleeson and Andrea Schweikert will be joining the company as hedge fund specialists. Vincent Calcagno, CEO of Agile, explained the move to hire hedge fund specialists: “Southern California presents a major opportunity for Agile. Greg is a veteran player in the SoCal […]
Greenlight Up 2.9 Percent in February
David Einhorn’s Greenlight Capital posted an excellent month in February, rising by 2.9 percent. The total increase for 2016 is 3.3 percent, outperforming the Standard & Poor’s 500 Index. That benchmark index lost 0.1 percent in February, and is down a total of 5.1 percent for the year. The news was distributed to Einhorn’s clients […]
Olive Garden Owners Wait Tables at Maligned Restaurant Chain
Jeffrey Smith, CEO and founder of Starboard Value, a hedge fund with the largest stake in the Olive Tree restaurant chain, rallied his investors to check out the premises from “the ground up.” “Every single board member took a night and worked inside a restaurant,” said Smith. “I was waiting on tables, greeting guests, serving […]