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Bill Ackman
Latest Headlines
Latest Headlines
Funds still sweating out redemptions period
At least three big hedge funds have raised brows this year because of their big losses. Leading the pack of course is John Paulson, whose flagship Advantage funds are down significantly; the leveraged version is down about 50 percent. As it turns out, redemptions were relatively light as of Oc
Bill Ackman may launch a closed end hedge fund
Hedge funds would love to secure funding from a source that would be willing to ride out the bad times as well as enjoy the good times. If the recent financial crisis taught the industry anything, it's that limited partners really desire the ability to redeem funds lightning fast. A good trader ne
How one hedge fund exec helps the needy
Truth be told, the hedge fund industry ( hedge fund news), well aware of its riches, does its part to help the disadvantaged. There's the Ira Sohn conference. There's the annual hedge fund regatta. And now there's Bubbles and Bling--through which Ji-mei Ma, head of product marketing and client
Ira Sohn conference fetes top managers
The Ira Sohn Investment Research Conference has become something of a must-attend for big institutions who want some insights into the strategies of top hedge fund ( hedge fund news) managers. It's the sort of place where reputations are made.
Just look at David Einhorn, who predicted the d
Reassessing Ackman's Target battle
It looks like a resounding defeat on paper. None of Bill Ackman's five director candidates were elected, despite support from RiskMetrics. Fortune notes that the percentage of votes in favor of Ackman's candidates ranged from the high single digits to the low 20s. This may strike some as a blo
Ackman targets Barron's
Hedge fund manager Bill Ackman's battle with Target has generated lots of headlines, and he's not happy with all of them. He has criticized an article in Barron's that called his campaign against Target possibly "one of the worst-conceived efforts in recent years by an activist investor." A
Bill Ackman vs. Target, a bruising round to come
Who will land the knockout blow in this widely watched battle? Recall William Ackman was so enamored of Target a few years ago that he set up a single stock hedge fund to build a near 10 percent stake in the company. As Target's stock swooned, it took down Ackman's investment (as of February it's
The greatest short bets of all time
When John Paulson, of Paulson & Co., bet against mortgage-backed collateralized debt obligations, he didn't hold back. His funds shorted the ABX and longed various credit default swaps--and it paid off. His $15 billion profit in 2007 is the stuff of legends. According to Business Week Online
