Gullane Capital Partners founder, Trip Miller, would like to be the next owner of the Tampa Bay Rays. Miller is gathering a group of investors in an attempt to purchase the team for $1.85 billion. He is hoping to invest $200 million, with additional investments coming from Tampa businessman Dan Doyle. Current principal owner of …
Category Archives: In the News
Increased Regulation of Nonbank Financial Institutions on the Horizon
The federal government is attempting to increase its oversight of nonbank financial institutions. Nonbanks are companies that do not have a full banking license or are not supervised by a banking regulatory agency. President Donald Trump made it more difficult for the government to regulate nonbanks, however Treasury Secretary Janet Yellen believes that the Trump …
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Investors are Optimistic About Crypto
London based Nickel Digital Asset Management recently commissioned a study of 200 institutional investors and wealth managers from multiple countries. 66% of respondents stated that in the next six months, they are planning to either begin investing or increase their investments in crypto and digital assets. This include 12% who say that they plan to …
High Cost Multi-Manager Hedge Funds Offer Large Returns
A Barclays note to clients recently explained that the fees for multi-manager hedge funds can be approximately three times the size of their peers, due to the fact that these funds dependably yield high returns. The note indicated that while in the last five years the larger market has averaged a return of 5.5%, multi-manager …
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Hedge Funds to Watch in 2022
As the year draws to a close, it is an opportunity to look at the investments being made by strategic money managers and what they are expecting to see from their capital moves. Tracking the recent quarterly activity of hedge funds that have taken large positions in particular companies or those that have expanded long-standing …
Hedge Funds Now Playing in the Major Leagues
Sports teams and sporting franchises were once owned by families. Nowadays, even with the economic instability around the world, hedge funds and investment consortiums are buying up the big players. In May 2022, Todd Boehly put together a conglomerate deal of $5.3billion to buy the Chelsea football club. Roman Abramovich, the club’s previous owner, put …
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Crypto as a Driving Force in Hedge Fund Growth
The FX market has been unpredictable for quite some time, but now it seems that hedge funds with a quantitative concentration—those known for making lightning-speed trades on grand scales—are looking at crypto for their next big investment move. Crypto’s value differs significantly across markets yielding a plethora of opportunities for hedge fund managers with strong …
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Gold is Again on Trend for Hedge Funds
Commodity analysts from Societe Generale report that money managers bought $7.1 billion in gold in February. This is the fourth-biggest week of bullish buying since 2006, when CFTC started its updated reporting. Most explanations for this rise point to recent geopolitical instability. While gold is an imperfect hedge for funds, it is an appealing asset against inflation …
2 New Leaders at Bridgewater
Bridgewater, the largest hedge fund in the world, has appointed two new CEOs. Nir Bar Dea, who is being promoted from his current role as deputy chief executive of Bridgewater, and Mark Bertolini, a member of the board of Bridgewater. Bar Dea, 40, has been with Bridgewater since 2015; he has been deputy CEO since …
Female Founded Hedge Funds is (finally) on Trend
According to the Kresge Foundation, female leadership in hedge funds represents less than 10% of the overall industry. But nine new funds are indicative of a long-awaited change in the hedge fund industry: they are being led by women. These women have spent their initial years in the industry earning money and fostering connections that …
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