Steel City Capital was up 2.7% for the first quarter. Founder Michael Hacke said he was "disappointed" that the fund "didn't fully participate in the robust rebound experienced by all of the major U.S. indexes." However, he also said they identified a number of opportunities during the quarter and emphasized that he's focused on long-term investment horizons. He expects the positions they have bought recently will reward the fund "handsomely in the years to come."
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
At the beginning of July, Lansdowne Partners, one of Europe's oldest and best-known hedge fund managers, announced that it was closing its flagship hedge fund after a run of... Read More
Congressional Democrats assist billionaire hedge-fund manager in Wall Street feud by Josh Kaib and Will Swaim of Watchdog.org / Franklin Center
Two years ago, billionaire hedge-fund manager William Ackman announced boldly — from a... Read More
Last year, Willow Oak Asset Management teamed up with Keith Smith to launch private investment partnership Bonhoeffer Fund LP. Willow Oak is a subsidiary of Sitestar Corporation, which counts... Read More
Hedge fund Permian says that a re-rating of the European market is coming as monetary policy takes a new turn in the region
Permian Investment Partners has tripled its assets... Read More
Sovereign wealth funds have become increasingly active in the hedge fund space, with a steadily increasing allocation to the asset class, notes Preqin.
In its June 2015 Hedge Fund Spotlight... Read More
“EM economic projections continue to fall, this time noticeably in Turkey and Brazil. EM economies are suffering from a combination of a weak rise in DM imports, a related... Read More
Quam Asset Management pulled further ahead of the pack as its Quam China Focus Segregated Portfolio continued to be the top performing fund of 2015, with 59.71% returns through... Read More
The Federal Reserve Chairman Ben Bernanke appeared before the Joint Economic Committee in Congress today to explain the position of the Central bank on its bond buying program, among... Read More
May kicked off, as always, with the Woodstock of Capitalism in Omaha.
40,000 Berkshire Hathaway shareholders gathered to drink in the wisdom of Warren Buffett and to celebrate his 50th anniversary as everybody’s favorite CEO.
This... Read More
