HedgeFundsX

Hedge Funder Peter Thiel Taught A Class At Stanford — Here Are Some Of The Coolest Things We Learned [BusinessInsider] Venture capitalist and hedge fund manager Peter Thiel just finished guest teaching a course at Stanford University, where he gets to impart his wisdom on hungry minds. Obviously we can just add this to the laundry list of reasons why we wish we were back in school. Luckily though, one of those hungry minds is Blake Masters, a third year student at Stanford’s Law school who is kind enough to blog about his notes and let us publish them.

Robert Pattinson Plays A Hedge Funder Who Has A Hard Time Getting A Haircut In The Movie ‘Cosmopolis’ [BusinessInsider] In the movie ‘Cosmopolis,’ Twilight star Robert Pattinson sheds his pretty boy vampire role to become a 28-year-old billionaire hedge fund manager. The movie follows Pattinson’s character as he journeys across New York City to his father’s old barber so he can get a haircut. While he travels to his destination in his stretch limo, Pattinson tracks the results of his bet on the yuan, is visited by his doctors, analysts and model lady friends, and also happens to drive through a protest (Occupy Wall Street much?). Pattinson’s character eventually pieces the day’s chaotic events together to realize that he is about to be assassinated, according to the film’s website.

Larry Fink’s Son Has A Cringe-Worthy Track Record As A Hedge Fund Manager [BusinessInsider] Josh Fink may be proof that investing chops can’t be genetically inherited. At a cursory glance, the son of famed money manager and BlackRock CEO Larry Fink seemed to have the foundations set for a successful career in finance and investing—a degree from UPenn, work experience at Morgan Stanley, Tiger Management and Tiger cub fund Argonaut Capital Management, according to a recent piece on Fink’s career by hedge fund magazine AR’s Rob Copeland.

Mutual Funds Are Now Jealous Of Hedge Fund Advertising [CompliancEX] Under the JOBS Act legislation, hedge funds will be allowed to advertise their services to the public. And mutual funds just don’t like that. Their advertising has been constrained and heavily policed by regulators, but hedge funds’ advertising will not be subject to similar regulations. Now, mutual funds are complaining to the SEC that hedge funds’ advertising should be as heavily regulated as mutual funds’ advertising. Hedge funds point out that the major difference between the two is that hedge funds’ investors have to be “accredited investors,” meaning that they are wealthy enough to afford to invest.

London Hedge Fund Chief Fined $4.7 Million [DealBook] British financial regulators have issued a £3 million ($4.7 million) fine against Alberto Micalizzi, the chief executive of the defunct London hedge fund Dynamic Decisions Capital Management, the largest fine ever by British authorities in a case that did not involve market abuse In addition to the fine, the Financial Services Authority said in a statement on Tuesday that it had barred Mr. Micalizzi from working in the country’s financial services industry. Authorities have also canceled permission for Dynamic Decisions to conduct business in Britain’s financial services sector, according to the statement.

Larry Fink’s Son Loses Big in Hedge Fund [HedgeFundNet] The son of BlackRock chairman Larry Fink has lost a substantial amount of money in his own hedge fund. AR Magazine reported that a fund managed by Josh Fink’s New York-based firm Enso Capital Management lost an astonishing 60.5% in 2011 — its worse annual performance since it started. The fund also declined an additional 7% this year through the end of April.