hedge fund managers

By day, Brian H. Lederman works as a managing director for Swiss Performance Management & Fiduciary.* By night (and maybe also by day), he grabs women’s asses. He grabs them on the subway, on the sidewalk, while waiting in line for the bathroom, and on his way out of the club. He grabs them in the rain, on the train, here and there and anywhere. If there were a category for grabbing asses, he’s undoubtedly be the Guinness Book of World Records holder. That is to say, he grabs a lot of asses. And while most people would not be able to keep track of all the asses they’d grabbed in their lifetime, Lederman claims he’s never forgotten an ass, which was an essential piece of his recent defense against allegations that he’d grabbed one at Lucky Strike earlier this week. Read more »

  • 15 Sep 2014 at 3:13 PM

Break Yourself Off A Piece Of Bill Ackman Today

Hedge-fund manager William Ackman aims to raise $2 billion through the initial public offering of one of his funds on Euronext Amsterdam in a move that will provide it with steady capital. Pershing Square Holdings Ltd. said Monday that it plans to float on the Amsterdam stock exchange for $25 a share, giving it a market capitalization of at least $5 billion…The IPO comes as activist investors are embarking on a drive to take advantage of their increasing clout in boardrooms and above-average hedge-fund returns. Mr. Ackman hopes that the IPO will provide him with more permanent capital. [WSJ]

  • 15 Sep 2014 at 2:15 PM

Phil Falcone Is Thinking Things

Like maybe now that he’s got all this free time on his hands, he should lace up his skates and whip the New York Islanders into shape? With his afternoons unoccupied for the next four years and his old Harvard game plans already dug out of the attic, the three-time Ivy League hockey champion is ready to teach these NHL underachievers a thing or two about working a puck. As for his consigliere Wilbur, she wouldn’t be caught dead in Minneapolis, but is happy to entertain offers to tickle the ivories in Brookklyn as Barclays Center organist. See Phil for dressing room demands. Read more »

Come people: wake up! Read more »

Along with sole custody, Ms. Griffin wants to “permanently remove the children to New York City, where the family has a residence.” Mr. Griffin filed a motion late last week seeking more access to his children. A source close to Mr. Griffin called the father of three a devoted dad who’s been known to dress as Spider-Man for a school Halloween party and as a prince for a daughter’s birthday party that had a princess theme. And he’s a familiar face at the Lab School, where his two oldest children attend, the source said. [Chicago Business, earlier]

  • 02 Sep 2014 at 6:12 PM

OH NO HE DI’INT: Ken Griffin Divorce Edition

Back in July, after he filed for divorce from his wife of 11 years, we noted that Ken Griffin’s title as World’s Richest Illinoisan was in peril. In light of the fact that even if Anne Dias Griffin took half, the Citadel founder would still be worth over $1 billion, this comment may have seemed a tad dramatic. Following today’s report that Anne wants their prenuptial agreement voided, though, and is clearly playing the hardest of ball, it doesn’t seem dramatic in the slightest. She’s going after him for everything, and if the idea of her demanding not just cash, homes, and art but the keys to the hedge fund sounds laughable than laugh it up! Also, if the (soon-to-be-ex-) Mrs. needs any pointers on playing dirty, she (allegedly!) needn’t look far. Read more »

Would he go so far as to describe his fellow hedge fund manager’s business tactics as hostage situation-esque? Yes, yes he would. Read more »