hopes to feed from hands she recently bit. The Democratic presidential candidate is planning several fundraisers at the homes of hedge fund managers, the same group she took a swipe at last week when she criticized the lower tax rate for carried interest, which heavily benefits hedge fund managers. According to The New York Times
, Clinton will be stopping by the home of Lisa Perry, the wife of Richard Perry
, the founder of Perry Capital
and a big supporter of several previous Clinton campaigns. Another fundraiser will take place at the home of Doug Teitelbaum, managing principal at Bay Harbour Management
. Down the road, you can also bet that Avenue Capital
co-founder Marc Lasry
will be hosting a fundraiser for Clinton at his home, given that the hedge fund manager is a long-time friend and financial supporter of the Clintons and, for a time, the employer of Chelsea Clinton.
Dan Gold’s New York-based QVT Financial disclosed that it owns more than 1.4 million shares, or 9.99 percent of Aehr Test Systems, a semiconductor equipment maker. QVT did not own shares of the company at year-end. In a regulatory filing, the firm indicated that the stake was a passive investment.
Man Group has raised about $300 million for four new funds within its computer-driven AHL funds, according to Reuters. The fundraising comes on the heels of strong gains posted by AHL and other so-called systematic funds in 2014 after several years of losses or low returns. For example, the $4.7 billion AHL Diversified fund rose 32 percent last year.
Shares of Herbalife jumped more than 3 percent Tuesday to close at $46.76. This is its highest closing price since November 3. There was no apparent news and volume was well below its recent average. Hmm.