Hedge Funds Push Deeper Into Private Equity’s Turf in Asia
Asian hedge fund firms are pouring hundreds of millions of dollars into private investments as they seek higher returns, muscling into an area that has long been the preserve of private equity and venture capital. Aspex Management, Tybourne Capital Management, Anatole Investment Management and Lake Bleu Capital, which are based in Hong Kong and between […]
Bill Ackman’s Pershing Square hedge fund reports record 2020 returns
Activist hedge fund manager William Ackman, whose bets on companies are closely watched, updated investors on how his flagship fund earned a record 70.2% return in 2020 on Thursday in a socially distanced way by sending out a 57-page presentation. Normally this would be one of the rare occasions where investors could pepper the billionaire […]
US hedge fund bids for Tribune Publishing in $520m deal
Chicago Tribune and New York Daily News owner would be taken private under proposed transaction Alden Global Capital, a US hedge fund known for taking over distressed American newspapers, has unveiled a bid to acquire and take private the Chicago Tribune’s owner, valuing the publishing company at about $520m. The hedge fund, which already owns […]
