Having worked
at a hedge fund in his twenties, he understands the investor mentality probably better than most CEOs.
I was originally going to work at an internship
at a hedge fund in 2008.
Not exact matches
NEW YORK, April 23 (Reuters)-
Hedge fund managers
at the high - profile 2018 Sohn Investment Conference
in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders.
NEW YORK, April 23 -
Hedge fund managers
at the high - profile 2018 Sohn Investment Conference
in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders.
And then
at the end of that year, just before things really took off
in crypto, White focused his efforts on attracting Wall Street clients: brokerages, large global banks, and
hedge funds.
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional
funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or
at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate
hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The new regime
at the money - losing retailer, backed by a
hedge fund, may have had more
in mind than just changing the optics around a brand best known for its sexually provocative — some would say sleazy — advertising.
CNBC's Leslie Picker takes a look
at whether
hedge fund titan Steve Cohen is interested
in trading outside capital again.
Valeant's largest shareholder, billionaire and
hedge funder John Paulson, has gained a seat on the drug maker's board, sending the beleaguered company's stock spiking more than 6 %
in Monday trading (although it's still hovering
at around the $ 13 mark).
Complete video of
hedge funder David Ganek's keynote
at the 2016 Delivering Alpha conference, his first appearance since his firm Level Global was raided by the FBI and shuttered
in 2011.
NEW YORK, May 3 -
Hedge fund managers will take center stage
at a conference
in New York on Thursday to call out companies they are wagering against.
At the stock's current levels, it would need to crash more than 50 %
in order for the
hedge fund investor to make any money on the bet.
Palihapitiya, a venture capitalist turned
hedge fund manager who is also a former Facebook executive, has built up some credibility since his first appearance last year
at the conference, which benefits pediatric disease research: Amazon stock is up some 34 %
in the meantime.
Woody Levin left his gig as vice president
at software company DocuSign
in early February to start a crypto
hedge fund.
While the BCG report has the rosy title of Capitalizing on the New Golden Age
in Private Equity, it says the industry faces some serious growing pains as more and more investors keep throwing money
at the industry as alternatives (such as
hedge funds) have sucked wind.
Bridgewater's Ray Dalio is stepping down from his post as co-chief executive
in a management shake - up
at the world's biggest
hedge fund.
Kim, whose LinkedIn profile says he was an executive director based
in the bank's London office, joins Luka Jankovic, a former Goldman Sachs
hedge -
fund analyst, among the bank's alumni now
at Galaxy Digital.
Facebook stock was a controversial subject
at the annual Sohn Investment Conference
in New York Monday, where
hedge fund managers and top investors take the stage to present their best investment ideas.
Robert Chapman Jr., a
hedge -
fund manager
in California, took a potshot
at his former friend, observing, «I've heard it said that yoga is Dan's form of paying penance for what he does while outside the home, whether it be the office or elsewhere.
Hedge fund manager David Einhorn
at Greenlight Capital has made plenty of headlines
in demanding that Oppenheimer open up the spigots and issue preferred shares that Einhorn believes would increase Apple's stock by one - third.
Dan Morehead, founder and CEO of Pantera Capital, a
hedge fund that specializes
in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «
at a discount to the market.»
In theory,
hedge funds can pursue a lucrative strategy of buying impaired bonds from less knowledgeable investors
at deeply discounted prices and then taking aggressive legal action to collect all, or almost all, of the promised principal and interest.
Here's an
in - depth look
at hedge fund conversion processes: the upsides, downsides and tax implications.
Here's an
in - depth look
at hedge fund conversion processes: upsides, downsides and tax implications.
Caspersen, a 39 - year - old former managing director
at PJT Partners» private - equity arm, Park Hill Group, was arrested
in March and accused of defrauding a
hedge -
fund - affiliated charity and an employee of the same
hedge fund.
McDonald's shares jumped
in March after
hedge -
fund manager Larry Robbins of Glenview Capital Management said
in a Bloomberg article the fast - food chain's market value could rise
at least $ 20 billion by converting into a real estate investment trust.
Founder Janet Hanson had recently left her CEO role
at Milestone Capital, a
hedge fund with $ 2.5 billion
in assets, to join Lehman Brothers as a managing director.
I've got something to prove,» the billionaire told a room full of
hedge fund managers and investors
at the annual SkyBridge Capital industry conference
in Las Vegas, known as SALT.
The head of human resources
at the billionaire Steve Cohen's
hedge fund is leaving four years after he was brought
in to help repair the firm's culture
in the wake of an insider - trading scandal.
Coming
in at third place, and number 202 overall, is the independent
hedge fund Markham Rae.
The news comes about two weeks after Bloomberg reported https://bloom.bg/2qYzgnh that Elliott, the New York
hedge fund run by billionaire Paul Singer, had built a position
in Micro Focus and plans to push for changes
at the company.
We'll also look
at pension
funds investing
in hedge funds.
«Shorter duration
hedge fund assets have grown
at a rapid pace even as market liquidity has deteriorated, particularly
in the high yield and distressed debt markets.
In fact, MSMB wasn't the first hedge fund he ran into the ground, having «lost all the money» in a previous fund that still owed Lehman $ 2.3 million in 2007, a court ruled at the tim
In fact, MSMB wasn't the first
hedge fund he ran into the ground, having «lost all the money»
in a previous fund that still owed Lehman $ 2.3 million in 2007, a court ruled at the tim
in a previous
fund that still owed Lehman $ 2.3 million
in 2007, a court ruled at the tim
in 2007, a court ruled
at the time.
Stock picker Steve Mandel's Lone Pine Capital had the largest gain of any
hedge fund firm
in 2017,
at $ 5 billion, and is now ranked fourth overall.
The
hedge fund manager, whose Yelp stake was worth about $ 10 million
at the end of 2015, has made
at least several million dollars
in the stock just this week, after telling investors that he believes the company's revenue could double
in the next three years.
Now an adviser
at a
hedge fund and a distinguished visiting fellow
at Israel's Institute for National Security Studies, Shapiro took the unorthodox course of staying
in Israel after leaving his diplomatic post so that a daughter could finish high school exams.
Speaking
at the Milken Institute conference
in May, SAC Capital founder Steven Cohen, whose family office, Point72, manages $ 11 billion, bemoaned becoming «collateral damage» as other
hedge funds sold down stocks that he happened to own too.
Buffett, a billionaire investor and outspoken critic of
fund managers who profit from high fees
at the expense of their clients, bet
in 2007 that a Vanguard S&P 500 index
fund would beat five
funds of
hedge funds selected by Protégé Partners over the next 10 years.
So when some 15 years later — as a portfolio manager
at one of the most influential activist
hedge funds — Cohn launched a hostile bid to acquire Novell, he mentioned the accolade
in his letter to the board.
After college, Bezos worked for several years
in finance, including
at hedge fund D. E. Shaw, where he had the idea to sell books over the Internet, according to the Wired feature.
He fears that the shorts will keep hounding Silvercorp, possibly
at the urging of complicit
hedge funds, unless it can demonstrate its innocence of the fraud allegations
in court.
NEW YORK, May 3 (Reuters)-
Hedge fund managers will take center stage
at a conference
in New York on Thursday to call out companies they are wagering against.
At a panel discussion hosted by BlockchainDriven Thursday night, Morgan Hill, an investor at Attis Capital, announced that he was launching a new cryptocurrency hedge fund called AxionV in Augus
At a panel discussion hosted by BlockchainDriven Thursday night, Morgan Hill, an investor
at Attis Capital, announced that he was launching a new cryptocurrency hedge fund called AxionV in Augus
at Attis Capital, announced that he was launching a new cryptocurrency
hedge fund called AxionV
in August.
Elliott does not seem to share those qualms: On
at least three occasions, according to both court testimony and the accounts of seven people who spoke with Fortune, children of people facing the
hedge fund's attack have been pulled into the fray
in some way,
in an apparent bid to gain either information on or leverage against their parents.
At the same time, Pershing Square has reportedly cut almost 20 % of staff
in a bid to turn the
hedge fund back around to its glory days, Reuters reports.
At the same time, Elliott's assets have nearly doubled to roughly $ 39 billion, including $ 5 billion it raised
in a 23 - hour span
in May, making it more than twice the size of the second - biggest activist
hedge fund, Dan Loeb's Third Point.
Distaste for this no - holds - barred approach even led one prominent activist, Jeff Ubben, the CEO of
hedge fund ValueAct, to stick up for Kleinfeld during a panel discussion on activism
at the Milken Institute conference
in May.
Mallaby, a Washington Post columnist and a senior fellow for international economics
at the Council on Foreign Relations, begins
in 1900 with the birth of
hedge fund inventor Alfred Winslow Jones, and presses forward through a narrative history of this most inscrutable of financial vehicles, and the men (and they are overwhelmingly men) who have driven them.
«Valeant epitomizes everything that went wrong with the marketplace,» Chanos said
at the Evidence - Based Investing conference
in New York on Tuesday, according to CNBC, adding that it was «the largest single security loss
hedge funds have incurred, greater than Lehman, Enron, AIG.»