Hedge Fund Focus

Background Information

Manger: D.E. Shaw & Co.
Public/Private: Private
Location: New York
AUM: reportedly approximately $30 billion
Strategy: quantitative trading, statistical arbitrage
Founder: David E. Shaw
Fund:
Performance Fees:
Other: former employee is Jeff Bezon, founder of Amazon.com

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Hedge Fund Focus Stories on D.E. Shaw & Co.

D.E. Shaw Paid Summers over $5 million in last year
D.E. Shaw Will Reportedly Offer Clients Greater Withdrawal Privileges

A variety [...]

A variety of groups are discussing the fees paid to Lawrence Summers by hedge fund manager D.E. Shaw & Co.  The various reports state that D.E. Shaw paid Summers over $5 million in compensation in 2008.  Other companies in the financial industry such as Goldman Sachs, Lehman Brothers, Citigroup, JPMorgan Chase and Merrill Lynch paid [...]

Background Information

Manger: AdultVest Inc.
Public/Private: Private
Location: Los Angeles, California
AUM:
Strategy: private equity (focused on adult entertainment industry)
Founder: Francis Koenig
Fund: Priapus Investment Fund
Performance Fees:
Other: major asset is website iporn.com

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Hedge Fund Focus Stories on AdultVest
Porn Hedge Fund a Fraud?
FinAlternatives has broken a story about a potential fraud at the very popular porn hedge fund – Priapus Investment Fund. The [...]

Background Information

Manger: Harbinger Capital Partners LLC
Public/Private: Private
Location: New York City
AUM:
Strategies:
Founder: Philip Falcone
Funds: Harbinger Capital Partners Fund I
Performance Fees:
Other: lost 28% in 2008

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Hedge Fund Focus Stories on Harbinger Capital Partners

Harbinger Capital Partners Up This Year
Reuters Reports Hedge Fund Firm Profits in First Quarter
Reuters is reporting that the hedge fund Harbinger Capital Partners Fund I, which [...]

Background Information

Manger: SAC Capital Advisors [a/k/a SAC Capital Partners, SAC Capital Management]
Public/Private: Private
Location: New York City
AUM: reportedly $16 billion
Strategies: long-short, multi-strategy
Founder: Steven A. Cohen
Funds:
Performance Fees: reportedly 50%
Other: it is rumored that SEC accounts for up to 3% of the NYSE’s daily trading volume

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Hedge Fund Focus Stories on SAC Capital
CNBC Discussion Regarding SAC Capital
9-18-06 Charles Gradante [...]

Background Information

Manger: The Blackstone Group, L.P.
Public/Private: Public, NYSE: BX
Location: New York City
AUM:
Strategies: private equity, real estate, alternative assets, M&A, leveraged buyout, etc.
Founders: Peter G. Peterson, Stephen A. Schwarzman
Funds: Blackstone Capital Partners I, II, III, IV, V, VI; Blackstone Communications Partners I; Blackstone Real Estate Partners I, II, III, IV, V, VI; Blackstone Real Estate Partners [...]