Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

FILE PHOTO: Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019. REUTERS/Mike Blake NEW YORK (Reuters) – Citadel’s commodities investments are up at least $1 billion … Continue reading Exclusive: Hedge fund Citadel’s commodities business up about $1 billion for the year – sources

Hedge fund Firefly hits out at Gulfport Energy’s plans, demands board seat

NEW YORK (Reuters) – Firefly Value Partners on Thursday asked Gulfport Energy for a seat on its board and criticized the “half-measures” which the U.S. gas exploration and production company is taking to improve its financial performance. On Monday, Oklahoma … Continue reading Hedge fund Firefly hits out at Gulfport Energy’s plans, demands board seat

Third Point confirms EssilorLuxottica stake, still talking with Sony: letter

FILE PHOTO: Daniel S. Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May 9, 2012. REUTERS/Steve Marcus/File Photo BOSTON (Reuters) – Billionaire investor Daniel Loeb said on … Continue reading Third Point confirms EssilorLuxottica stake, still talking with Sony: letter

Vinik to shut down hedge fund, says raising cash ‘much harder’ than expected

BOSTON (Reuters) – Money manager Jeffrey Vinik said on Wednesday he was shutting down his stock-picking hedge fund, citing unexpected difficulties raising cash for the decision to end a much-hyped but short-lived relaunch of his asset management firm. “Simply put, … Continue reading Vinik to shut down hedge fund, says raising cash ‘much harder’ than expected