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Quant Hedge Fund Archipel Shuts After Biggest Investor Pulls Out

2014-10-29 14:59:40| Appliances - Topix.net

Archipel Asset Management AB, a Swedish hedge-fund firm that makes trades based on computer algorithms, is closing after its biggest investor pulled out. The stock-trading hedge fund founded in 2007 is returning cash to investors following the decision of Brummer & Partners, a Stockholm-based investor in hedge funds, to redeem its investment, said Stefan Nydahl, Archipel's partner and chief investment officer.

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Another hedge fund sues Argentina for u$s835 mln in defaulted bonds

2014-10-26 00:28:39| Footwear - Topix.net

EM Limited, a hedge fund owned by billionaire Kenneth Dart, has presented a lawsuit against Argentina before New York district judge Thomas Griesa, for u$s835 million in defaulted bonds. With the initiative, the hedge fund aims at getting a similar sentence as the one issued by Griesa for NML Capital, owned by fellow billionaire Paul Singer.

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Hedge Fund Myriad Increased Herbalife Stake in Second Quarter

2014-08-13 15:09:54| Semiconductors - Topix.net

Myriad Asset Management Ltd., the Hong Kong-based hedge fund led by a former Asia head of Highbridge Capital Management LLC, raised its stake in Herbalife Ltd. in the second quarter, according to a filing.

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Hedge Fund Perry Capital Bets on Paper Mills, Puerto Rico

2014-07-25 02:00:22| Paper - Topix.net

Perry Capital, the $10.9 billion hedge-fund firm run by Richard Perry , is betting on the paper and packaging industry anticipating that the value of companies could double if they adopt a new tax structure.

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Hedge fund plans American Apparel future without ex-CEO Charney

2014-07-17 09:30:46| Apparel - Topix.net

Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney.

Tags: american future plans apparel

 

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