Top Hedge Funds Highlighted: Shumway Capital, Discovery Capital and Argonaut Capital

I am a big fan of Julian Robertson and his tiger cubs. This article discusses some of his most famous hedge funds spin-offs.
http://www.hedgetracker.com/article/Top-Hedge-Funds-Highlighted-Shumway-Capital-Discovery-Capital-and-Argonaut-Capital

DonorWatch List of Wealthiest College Graduates identifies high potential targets for fundraisers

Interesting article about using SEC filings to identify top propsects for fundraising. Thinking that investor relations teams could use a similar methodology to identify investor prospects?
http://www.hedgetracker.com/article/The-DonorWatch-List-of-Wealthiest-College-Graduates-identifies-high-potential-targets-for-fundraisers

Top Hedge Funds of 2009

Here an article that highlights the Top Hedge Fund managers as of the end of 2009. Some surprising ones made the list:
http://www.hedgetracker.com/article/Top-Hedge-Funds-of-2009-Tiger-Cubs-Dominate-Top-10

Hedge Funds seek $2 Billion from Porsche in Damages

More hedge fund have joined the lawsuit against Porsche, which accuses the company of wrongdoing in its acquisition of VW. The lawsuit, which is seeking more than $2 billion, was initiated by Glenhill, Elliot Associates, and Perry Partners.

The new additions include: Canyon Capital, DE Shaw, Greelight Capital, Ironbound, Royal Capital and Tiger Global.

For more details see: http://www.nytimes.com/reuters/2010/04/29/business/business-us-porsche.html?dbk
For more details on the above hedge funds see: http://www.hedgetracker.com/directory.php

SkyBridge Capital to acquire Citi Alternative Investments

Citigroup continues to slim down their asset base by selling of business units. Last week they sold off their lucrative hedge fund of funds business which had $4.2 billion in assets under management. Management fees on those asset could account for revenues of $84 million a year, which is before any performance fees, which are typically set at 20% for hedge funds. To read more, see this article: http://www.hedgetracker.com/article/SkyBridge-Capital-to-acquire-Citi-Alternative-Investments-Adding-42-Billion

BAM Capital and AM Investment to Merge

Hedge fund managers AM Investment Partners and BAM Capital have recently announced that the two firms will merge. According to Bloomberg, the founders of both firms, Ross Berman and Hal Mintz of BAM Capital and Mark Friedman and Adam Stern of AM Investment, will become equal partners. Mr. Stern will continue as CEO of the new firm, while the three other founders will serve a co-chief investment officers.

The two managers anticipate that the larger asset base, $600 million combined, will be more appealing to investors, especially after the under-performance of volatility hedge funds so far this year. No money was exchanged in the merger deal.

Pay of Hedge Fund Managers Roared Back Last Year

Great article from today's NYTimes about Hedge Fund managers and their pay packages.
http://www.nytimes.com/2010/04/01/business/01hedge.html?dbk