Hedge Funds

Greenwich Man Turns 60

Sure, Paul Tudor Jones got a bit of an early start to the celebrating earlier this month with a serenading by Bon Jovi, but the Greenwich Daily Voice reminds us that the Tudor Investment Corp. founder, former documentary film star and, most importantly to GDV readers, Halloween party and Christmas light show impresario was actually born 60 years ago yesterday. Read more »

Not All Hedge Funds Totally Worthless

Our friends over at MoneyBeat have a question: Are any hedge fund strategies of any kind anywhere producing any alpha at all? The answer is yes, albeit not much and by not many. Read more »

On the other hand, Christopher Rokos gets to keep that $73 million Brevan wants back until at least March. Read more »

Pershing Square Sans 2 and 20

Bill Ackman’s not especially reticent about talking up his investments. Now, with his planned fund IPO, he’s going to be legally obligated to be even less reticent. Which means that, if you’re like Carl Icahn and think Bill’s a pretty smart guy every now and again, and don’t mind sifting through what floods into your inbox with a “Bill Ackman” Google News alert, and were so inclined for some reason (the 30% return this year being a good one, we suppose) to mimic his every move, you can have something approximating the Bill Ackman portfolio without having to give Bill Ackman a dime. You’re welcome. Read more »

Steve Cohen Is Looking For A New Right Hand

The incredibly-named Chandler Bocklage, last seen shilling for Steve at that Martoma guy’s trial, has moved on. As have six other Point72ers. Read more »

WestEnd Capital Management’s Sean Cooper allegedly took a few hundred thousand dollars more than he was entitled to. Guess where half of it went? Read more »

That’s about the only effect of yesterday’s move to revoke SAC’s CFTC registration because of, you know, the insider-trading and whatnot, since family offices like SAC er, Point72 don’t need the CFTC’s permission to do anything. Read more »