Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...
capital group alternative strategies feeder fund, lp
asset mgmt l.p. 345 park ave
new york, new york, 10154
NYS Entity Status
NYS Filing Date
OCTOBER 30, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - CAPITAL GROUP ALTERNATIVE STRATEGIES FEEDER FUND, LP
AROUND THE WEB
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
- Rapper Common surprises students at NY school, donates money
By MESFIN FEKADU, AP Music Writer - Thursday Jul 20, 2017
Rapper Common surprises students at NY school, donates moneyNEW YORK (AP) — Oscar and Grammy winner Common surprised a group of New York students by donating $10,000 to help their teachers buy supplies like calculators and science kits.The rapper-actor partnered with the nonprofit AdoptAClassroom.org and Burlington Stores to give Renaissance School of the Arts in Harlem the funds on Thursday.Jadon-Li M. Antoine, an aspiring musician, actor and dancer, said Common's visit motivates him to keep aiming for his dreams.Burlington has been raising money from its 599 stores to help other schools, asking customers to donate $1 or more.
- Ivanka Trump, World Bank launch fund for female entrepreneurs
By Associated Press - Saturday Jul 8, 2017
First Daughter Ivanka Trump and the World Bank are rolling out a new fund that aims to help female entrepreneurs access capital, financing and other support. World Bank Group President Jim Yong Kim says the Women Entrepreneurs Finance Initiative fund has so far raised $325 million from various governments. He hopes to leverage that into...
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Sprint looks for alternative to T-Mobile merger: sources
By Reuters - Saturday Jul 29, 2017
Sprint Corp has proposed a merger with Charter Communications Inc as the wireless carrier seeks an alternative to a deal with T-Mobile US Inc that has so far not come to fruition, according to sources familiar with the matter. Japan’s SoftBank Group Corp, which controls Sprint, proposed a complex transaction that would create a new...
- Behind an $18 Billion Donation to a New York Charity, a Shadowy Chinese Conglomerate
By MICHAEL FORSYTHE and ALEXANDRA STEVENSON - Wednesday Jul 26, 2017
A Chinese man has transferred more than 29 percent of HNA Group of China to a private foundation, adding to the questions about the firm’s structure and political connections.