Company Spotlight

Elliot Management Relocating to Florida

October 26, 2020 James Heinsman Company Spotlight

Activist investor Paul Singer has decided to move his $41 billion hedge fund manager to Florida, joining a growing number of investment companies looking to lower their state tax burden. Elliot Management will keep some office space in Manhattan, but his new headquarters will be in West Palm Beach. He will also open offices in […]

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Elliot Management, Florida, New York City, Palm Beach, Paul Singer,

Investor Soo Kim Buys Rights to Bally’s Brand for $20 Million

October 13, 2020 James Heinsman Company Spotlight

Soo Kim, 45, hedge fund investor and owner of gaming company Twin River Worldwide Holdings, purchased the global rights to the Bally’s name from owner Caesars Entertainment. The $20 million purchase will give Kim the rights to put the name on all of his gaming investments which include 11 casinos and his publicly traded headquarters. […]

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Soo Kim, Twin River Worldwide Holdings,

Snoddy’s Comeback Firm Earns Him 17% Returns with New Japan Hedge Fund

September 30, 2020 James Heinsman Company Spotlight

David Snoddy, a graduate of Tiger Management who took a break from investing for a few years, came roaring back over the past year and a half with 17% growth on his newly established long-short Japan hedge fund. Snoddy worked for Julian Robertson’s Tiger Management in the Tokyo office until he went out on his […]

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David Snoddy, Japan, Julian Robertson, Tiger Management,

Tyr Capital Holding Its Own in Volatile Market

May 25, 2020 James Heinsman Company Spotlight

Newly launched crypto hedge fund, Tyr Capital Arbitrage SP, reported excellent, double-digit gains after just one year of investing. Nick Norris, Ed Hindi, and Nick Metzidakis created Tyr Capital in January 2019 in London. The fund focuses on soft commodity and energy markets. Two of the three men, Norris and Hindi, worked together at Geneva […]

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Caspian Crypto Trading, Tyr Capital Arbitrage,

Brevan Howard Doing Well Amid Current Financial Uncertainty

March 26, 2020 James Heinsman Company Spotlight

New Jersey-based Brevan Howard Asset Management is riding the storm of the coronavirus outbreak in excellent shape, predicting that March could be its best month since it was founded in 2003. The firm’s flagship macro hedge fund, Brevan Howard Master Fund, saw a rise of 17% during the first three weeks of March, adding up […]

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Brevan Howard, macro hedge fund,

BlueCrest Makes $2 Billion for Owner Michael Platt in 2019

February 16, 2020 James Heinsman Company Spotlight

Last year was a great year for Michael Platt, by anybody’s standards. Four years ago the head of BlueCrest Capital Management, Platt, decided to close his fund to new investors and to dismiss his old clients, leaving him the sole owner of his hedge fund. Platt, however, kept his trading teams working, amassing wealth exclusively […]

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Michael Platt,

Hedge Fund TCI to Demand More Green from Companies

February 8, 2020 James Heinsman Company Spotlight

An unlikely investor is taking drastic steps to bring sustainability to his portfolio. Sir Christopher Hohn, the British head of the New York hedge fund TCI, will use his $30 billion worth of influence to demand that the companies in his portfolio disclose their carbon footprint and reduce their use of fossil fuels and greenhouse […]

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Extinction Rebellion, Sir Christopher Hohn, TCI Fund Management,

First Compliant Cryptocurrency Hedge Fund Opens in Asia

January 15, 2020 James Heinsman Company Spotlight

The Circle Fund, with teams of investors in Shanghai, Hong Kong and New York, is the first Asian cryptocurrency hedge fund to be compliant with global regulations. The company behind the fund is made up of people with over five years of experience in the primary and secondary blockchain industry markets. The investors involved in […]

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China, Circle Fund, cryptocurrency,

Parplus Fund Has No Management Fees

January 7, 2020 James Heinsman Company Spotlight

James Carney, founder of Parplus Partners, says his fund will never take a management fee. He will, instead, charge his clients a performance fee when and if his funds surpass the S&P 500 stock index. “Eat what you kill. That’s what I’ve been doing for 34 years,” said Carney, who is also the fund’s CEO. […]

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management fees, S&P 500,

BlueCrest Capital Ringing in the New Year with Great Gains for 2019

December 30, 2019 James Heinsman Company Spotlight

Michael Platt’s BlueCrest Capital, now a private investment firm, saw profits climb by about 50% this past year. The hedge fund has had a run of great years since it gave back outside investors’ funds and became a strictly family investment company. Until 2015 BlueCrest was one of the world’s largest hedge funds. The company […]

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BlueCrest Capital, Michael Platt,

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