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EXCLUSIVE-Reinsurer Beechwood explores sale after Platinum woes-source

NEW YORK, Dec 9- The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the situation. The Bermuda-, Grand Cayman- and New York- based firm has been working to sever its links with Platinum...

Source: Reuters

Weiss: Here's your hedge fund investment setup for the week ahead

Stephen Weiss of Short Hills Capital Partners reviews the main factors driving stocks and how investors should be positioned for next week.

Source: Short Hills Capital Partners

UPDATE 2-Gabonese man pleads guilty in U.S. hedge fund bribery case

Samuel Mebiame, a son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and its chief executive, Daniel Och, agreed in September to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

Source: Reuters

Neuberger Berman Real Estate Securities Income Fund Announces Commencement Of Tender Offer

NEW YORK, Dec. 9, 2016/ PRNewswire/-- Neuberger Berman Real Estate Securities Income Fund Inc. announced that it commenced a tender offer today. The tender offer will expire on January 10, 2017, at 12:00 midnight, New York City time, unless the offer is extended. The tender offer will be made only by an offer to purchase, a related letter of transmittal and other...

Source: PR Newswire

UPDATE 1-Gabonese man charged in U.S. hedge fund bribery probe pleads guilty

Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and CEO Daniel Och in September agreed to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

Source: Reuters

J. Crew makes preparations for possible debt restructuring -sources

Dec 9- U.S. apparel retailer J. Crew Group Inc is taking steps to negotiate with its creditors about cutting the value of its approximately $2 billion debt load, as its struggles with falling sales, people familiar with the matter said on Friday. A debt restructuring would underscore the challenges the company has faced since it was acquired by private equity...

Source: Reuters

Gabonese man charged in U.S. hedge fund bribery probe pleads guilty

Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S.

Source: Reuters

RPT-INTERVIEW-Digital currency hedge fund Polychain raises $10 mln in venture capital

NEW YORK, Dec 9- Polychain Capital, a hedge fund that invests solely in encrypted digital currencies, has raised $10 million from famed venture capitalists Andreeseen Horowitz and Union Square Ventures, founder Olaf Carlson-Wee said on Friday. The San Francisco- based fund is focusing on currencies powered by blockchain, a ledger of transactions maintained by...

Source: Reuters

Hedge funds' favorite stocks may take a hit as investors rush into the Trump trade

Deutsche Bank on Friday alerted clients of a potential shift in weightings taking place within the hedge fund industry.

Source: CNBC.com

IndexIQ Hedge Fund Indexes Mixed In November In The Wake Of Election Results

RYE BROOK, N.Y., Dec. 9, 2016/ PRNewswire/-- IndexIQ, the leading provider of innovative investment solutions, today announced the November performance of its family of IQ Hedgeâ„¢ Indexes and the updated holdings in the firm's IQ Merger Arbitrage ETF. "The election of Donald Trump sent the markets off in new directions, and began to break down some of the asset class...

Source: PR Newswire