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For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather's Chicago apron business into a medical supplier that ranked among the nation's largest private [...]

(Bloomberg) -- Professional speculators aren't convinced that the worst is over for one risky corner of the stock market despite a rousing new-year rally. As stocks recovered into the new year, countering strategist calls for a first-half selloff, hedge funds tracked by Morgan Stanley have trimmed short positions on the index level to capture the upside. [Extracted from the article]

Read more: Family Offices Whiff on Tech Rally as Hedge Funds Get Boost (1) After shunning tech shares for much of 2022, hedge funds are now warming up to the cohort. (Bloomberg) -- Professional speculators are turning risk-on by gobbling up technology shares, after largely missing out on the new-year rally in the stock-market's biggest winners. [Extracted from the article]

Hedge funds that make both bullish and bearish bets have largely avoided adding fresh long positions, despite a second straight monthly advance in the S&P 500 Index, data from Wall Street's major prime brokers show. (Bloomberg) -- Professional speculators are sticking to their long-held cautious stance even after the latest equity rally forced them to unwind short trades at one of the fastest paces in years. [Extracted from the article]

Hedge funds that make both bullish and bearish bets have largely avoided adding fresh long positions, despite a second straight monthly advance in the S&P 500 Index, data from Wall Street's major prime brokers show. (Bloomberg) -- Professional speculators are sticking to their long-held cautious stance even after the latest equity rally forced them to unwind short trades at one of the fastest paces in years. [Extracted from the article]

Hedge funds that make both bullish and bearish equity wagers just unwound bets at a rate that was in line with the fastest this year, according to data compiled by JPMorgan Chase & Co.'s prime broker using a 20-day rolling window. (Bloomberg) -- Big speculators, a year along in a frantic campaign of risk reduction, are getting even more cautious ahead of a duo of potential make-or-break market events this week: midterm elections and the government's inflation report. [Extracted from the article]

(Bloomberg) -- The fast money refused to join the crowd betting the Federal Reserve was about to make a friendly shift in monetary policy. Even with Fed officials beating back notions that a policy pivot is in the offing, the S&P 500 jumped more than 4% in the four days leading up to the jobs data. [Extracted from the article]

As stocks were staging the biggest two-day rally since 2020 earlier this week, hedge funds that make both bullish and bearish equity wagers reduced holdings on both the long and short side of their books, according to data compiled by JPMorgan Chase & Co.'s prime broker unit. (Bloomberg) -- The fast money refused to join the crowd betting the Federal Reserve is about to make a friendly shift in monetary policy. [Extracted from the article]

At Morgan Stanley, hedge fund clients had been buying stocks for previous few weeks until last Tuesday's shock of a hotter-than-expected reading on the consumer price index. While evidence on outright buying is mixed among prime brokers, JPMorgan data show hedge-fund sentiment is turning more constructive, thanks to sturdier fund performance of late. [Extracted from the article]

Keywords: 18349Z; 21265Z; 2915801Z; 3299025Z; 528662Z; 77987Z; 809339Z; BABA; M; PTON; SNAP; ALLTOP; ASIA; BUSINESS; CHINA; CONS; CONSD; COS; HK; INDUSTRIES; INTERNET; MARKETS; NORTHAM; STK; TEC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 18349Z 21265Z 2915801Z 3299025Z 528662Z 77987Z 809339Z BABA M PTON SNAP ALLTOP ASIA BUSINESS CHINA CONS CONSD COS HK INDUSTRIES INTERNET MARKETS NORTHAM STK TEC TMT TOP US WORLD WWTOP WWTOPAM WWTOPEU Dan Sundheim's D1 Capital and Andreas Halvorsen's Viking Global Investors both significantly boosted their holdings in exercise-equipment maker Peloton Interactive Inc. in the third quarter, ahead of this month's 48% plunge. D1 padded its stake in New York-based Peloton by almost 75%, making it the firm's sixth-biggest shareholder. [Extracted from the article]

(Bloomberg) -- One big force at the center of the two-month equity rally is showing signs of fatigue. Meanwhile, Goldman Sachs Group Inc.'s hedge-fund clients boosted short positions Wednesday, with bets against exchange-traded funds rising the most in more than two months. At Goldman, hedge funds increased short sales while added longs on Wednesday, leading to the biggest jump in gross trading activity since the market's low in mid-June. [Extracted from the article]

(Bloomberg) -- Theories that this week's big runup in stocks was fueled by equity skeptics getting forced out of bearish positioning are borne out by the data. Haunted by the market's worst first half in decades, many money managers slashed their equity exposure to the lowest level since the global financial crisis. [Extracted from the article]

Bearish positioning has helped money managers fare better during the 2022 equity beatdown that dropped the S&P 500 more than 20% from its record, though at times such bets serve as fuel for rallies when bears are forced to cover. Hedge funds tracked by Goldman Sachs Group Inc. doubled down on bearish wagers, with the dollar amount of short sales hitting the highest level since the 2008 financial crisis. [Extracted from the article]

(Bloomberg) -- The smart money dumped stocks at the fastest pace on record as a vicious selloff sent the S&P 500 into a bear market. The exodus came as the equity rout worsened amid concerns that the Federal Reserve will need to hasten its inflation-fighting campaign at the risk of causing an economic recession. [Extracted from the article]

Keywords: 0230417Z; ALLTOP; BUSINESS; COS; EXE; FIN; GEN; GLOBALMACR; GOV; INDUSTRIES; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 0230417Z ALLTOP BUSINESS COS EXE FIN GEN GLOBALMACR GOV INDUSTRIES NORTHAM TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Private equity's most lucrative tax break is in peril once more. "As long as private equity returns are among the highest across asset classes overall, private equity managers are unlikely to depart for greener pastures", said Kelly DePonte, a managing director at Probitas Partners, which helps raise money for private equity funds. [Extracted from the article]

In recent weeks, multistrategy hedge funds led buying in both China and Hong Kong, JPMorgan said. (Bloomberg) -- JPMorgan Chase & Co.'s hedge fund clients have returned to buying Hong Kong stocks since mid-March after continuous selling for more than a year, the Wall Street bank said in a note Thursday. [Extracted from the article]

(Bloomberg) -- Coatue Management investors are pulling $250 million from the firm's main hedge fund. Coatue's decision comes as the firm, like many industry peers, has increasingly invested in private companies, hoping to see outsized gains when these enterprises go public. [Extracted from the article]

(Bloomberg) -- The upending of markets by shifting central bank policy, war and the pandemic is convincing professional investors the time is ripe to put their often-maligned stock-picking skills to work. With this stimulus subsiding, investors have to be much more discriminating", said Matt Maley, chief market strategist at Miller Tabak + Co. "It looks like hedge funds are willing to play in some individual names in a big way, but they're hedging themselves with index ETFs.". [Extracted from the article]

(Bloomberg) -- Morgan Stanley told employees who have to be in the office through the first two weeks of January to wear face coverings when not at their desks and limit large in-person meetings. Morgan Stanley has also had recent outbreaks at its New York offices, people familiar with the matter said last week. [Extracted from the article]

(Bloomberg) -- Morgan Stanley told employees who have to be in the office through the first two weeks of January to wear face coverings when not at their desks and limit large in-person meetings. Morgan Stanley has also had recent outbreaks at its New York offices, people familiar with the matter said last week. [Extracted from the article]

1552729D, 1800107D, 2878538Z, 3865420Z, 578298Z, BX, CG, ALLTOP, BON, BUSINESS, COS, EXE, FIN, GEN, GENTOP, GLOBALMACR, GOV, INDUSTRIES, MARKETS, NORTHAM, TOP, US, WORLD, WWTOP, WWTOPAM Keywords: 1552729D; 1800107D; 2878538Z; 3865420Z; 578298Z; BX; CG; ALLTOP; BON; BUSINESS; COS; EXE; FIN; GEN; GENTOP; GLOBALMACR; GOV; INDUSTRIES; MARKETS; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM EN 1552729D 1800107D 2878538Z 3865420Z 578298Z BX CG ALLTOP BON BUSINESS COS EXE FIN GEN GENTOP GLOBALMACR GOV INDUSTRIES MARKETS NORTHAM TOP US WORLD WWTOP WWTOPAM Citadel, Blackstone Inc. and Millennium Management are among asset managers telling staff this week that they may once again work remotely, at least for the next several weeks, in response to the latest spike of Covid cases. [Extracted from the article]

A spokesman for the firm declined to comment. Keywords: 1552729D; 1800107D; 2878538Z; 3865420Z; 578298Z; CG; ALLTOP; GLOBALMACR; NORTHAM; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 1552729D 1800107D 2878538Z 3865420Z 578298Z CG ALLTOP GLOBALMACR NORTHAM TOP US WORLD WWTOP WWTOPAM WWTOPEU Citadel and Millennium Management are among asset managers telling staff this week that they may once again work remotely, at least for the next several weeks, in response to the latest spike of Covid cases. Almost two years into the pandemic, the rise of the omicron variant is upending companies' plans to bring workers back, forcing them to cancel holiday parties and pushing in-person conferences back online. [Extracted from the article]

China stock-picking hedge funds slipped 0.9% for the month, against the 6% drop of the MSCI China Index. (Bloomberg) -- Goldman Sachs Group Inc.'s hedge fund clients focused on Asian stocks lost 3.3% in November as renewed virus concerns sparked a global selloff in the second half of the month, the bank's prime brokerage wrote in a note. [Extracted from the article]

At Blackstone, in 2018, James took his first steps toward exiting with the turnover of his posts to Gray, who's considered an heir apparent to Schwarzman. (Bloomberg) -- Over two decades, Tony James and Steve Schwarzman became a duo to be reckoned with in the dealmaking world, building Blackstone Inc. into a dominant force in private equity. [Extracted from the article]

For example, the private equity associate would have a fully fleshed-out, deep operating model on the companies. (Bloomberg Markets) -- Long before Vania Schlogel founded Atwater Capital to invest in digital content creation, she was used to standing out. Today, Atwater Capital, which Schlogel started in Los Angeles in 2017, manages $140 million and has backed businesses including Stockholm-based Epidemic Sound AB and Mare of Easttown producer Wiip. [Extracted from the article]

Hedge funds, which use borrowed money to amplify returns, have gone risk-off in a major way just as the S&P 500 endured its biggest two-day rout since October 2020. (Bloomberg) -- Add professional traders to the ranks of investors bailing from stocks as anxiety over the omicron variant and monetary policy roil markets. [Extracted from the article]

The firm's hedge-fund clients dumped more than $2 billion of stocks last week, exiting the market at the fastest pace since April. (Bloomberg) -- Professional traders keep bailing from stocks as anxiety over the omicron variant and monetary policy roil markets. [Extracted from the article]

Many of the companies share space with the stay-at-home trade, and could be viewed as bets against the economy, although hedge funds have also been upping bets on reopening stocks. (Bloomberg) -- A plunge in dizzily priced software and internet stocks is setting off a quick exodus among professional speculators who were counting on the group to salvage their year. [Extracted from the article]

The private equity industry in Africa was started by the -development institutions - it was not started by private-sector capital. After studying development economics with Nobel Laureate Arthur Lewis at Princeton, she focused on gaining private-sector training at Harvard Business School, Morgan Stanley, and some early emerging--market private equity funds. "Poverty Itself Is an Indignity": One Fund Manager Vows Change. [Extracted from the article]

(Bloomberg) -- Dan Sundheim's D1 Capital and Andreas Halvorsen's Viking Global Investors both significantly boosted their holdings in exercise-equipment maker Peloton Interactive Inc. in the third quarter, ahead of this month's plunge. Chase Coleman's Tiger Global Management, Peloton's fifth-biggest shareholder, pared its holding by 1.63 million shares and Coatue Management trimmed more than 533,000 shares. [Extracted from the article]

(Bloomberg) -- KKR & Co. generated a 240% profit on aluxury condo project in Florida that is part of thefirm's real estate strategy in the U.S. Sun Belt. The Naples project was part of KKR's real estate strategyto follow jobs and population growth to the Sun Belt.KKR, which had $36 billion in real estate assets as ofSept. [Extracted from the article]

Read more: Buyout Giants Rebrand as Forces for Good While Seeking Profits Since leaving SASB in 2018, Rogers has been working as an adviser to companies regarding ESG integration. (Bloomberg) -- Blackstone Inc. is hiring Jean Rogers, founder of the Sustainability Accounting Standards Board, to lead its expanding global ESG effort. [Extracted from the article]

ALLTOP, BUSINESS, CMD, EUROPE, GOV, MARKETS, NORTHAM, STK, TOP, UK, US, WORLD, WWTOP, WWTOPAM, WWTOPAS, WWTOPEU Keywords: ALLTOP; BUSINESS; CMD; EUROPE; GOV; MARKETS; NORTHAM; STK; TOP; UK; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP BUSINESS CMD EUROPE GOV MARKETS NORTHAM STK TOP UK US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU The $4 trillion boom lifting equities for a month has been a YOLO feast, complete with spiraling meme stocks and surging options. [Extracted from the article]

(Bloomberg) -- Apollo Global Management Inc., Blackstone Inc. and their rivals handed back $45 billion to investors last quarter as they reported record earnings in a hot market for deals. Carlyle is reportedly seeking as much as $27 billion for its next fund and Blackstone may seek as much as $30 billion for its next main buyout pool, which would make it the industry's largest. And firms including Carlyle Group Inc. and KKR & Co. are rapidly spending current funds as they prepare to return to the market with bigger buyout pools. [Extracted from the article]

(Bloomberg) -- KKR & Co. deployed a record amount of money in new investments in the third quarter as assets soared and the dealmaker pushed deeper into technology-related bets. Read more: Kravis Signs Off as Next Generation Rises in Private Equity Other earnings highlights: Distributable earnings of $1.05 a share beat the average analyst estimate of 94 cents, according to a Bloomberg survey. [Extracted from the article]

(Bloomberg) -- The giants of private equity are on a tear. Apollo Global Management Inc., KKR & Co., Carlyle Group Inc. and Blackstone Group Inc. have enjoyed record earnings selling off assets in a hot market. Private Equity Giants Thrive in "Perfect" Market for Deals. [Extracted from the article]

(Bloomberg) -- You can't do private equity by Zoom. KPS, which invests in manufacturing companies, hasrequired all its New York staff to be in the office fivedays a week since early September, provided they'revaccinated. [Extracted from the article]

The firm also said that the extreme overlap in the crowded longs and shorts is a sign of diversification that helped the hedge-fund industry fare better during the latest stock rout. (Bloomberg) -- Hedge funds are betting against each other when it comes to internet and software stocks, with an unusually large number of companies targeted by both bulls and bears. [Extracted from the article]

The private equity industry has long been a backer of fossil-fuel deals, and KKR recently said it's seeking more shale investments. (Bloomberg) -- KKR & Co. will almost triple its sustainable-investing group as the $429 billion alternative-asset manager sharpens its focus on environmental, social and governance goals. Recent hires include former Blackstone Inc. ESG chief Alison Fenton-Willock and Dianne Kim, KKR's first ESG compliance officer, who previously worked at CVC Credit Partners. [Extracted from the article]

(Bloomberg) -- Hedge funds that make both bullish and bearish wagers on stocks are turning skeptical on tech megacaps just days before earnings from the likes of Apple Inc. and Facebook Inc. Snap Inc.'s warning over advertising spending sparked a selloff in ad-dependent firms Facebook and Alphabet on Friday. [Extracted from the article]

KKR teamed up with Dundee Partners, the family office of former Goldman Sachs Group Inc. partner Stephen Hendel, to purchase the KMR Music Royalties II portfolio, according to a statement Tuesday. (Bloomberg) -- KKR & Co. said it bought a portfolio of song rights from Kobalt Capital for $1.1 billion in the latest music deal by the private equity giant. [Extracted from the article]

Read more: Kravis Signs Off as Next Generation Rises in Private Equity Bae and Nuttall succeeded KKR founders Henry Kravis, 77, and George Roberts, 78, who will remain executive co-chairmen. (Bloomberg) -- KKR & Co. awarded Joe Bae and Scott Nuttall about $75 million each as part of their promotions to co-chief executive officers. [Extracted from the article]