A judge has thrown out a lawsuit against Vice President Joe Biden's youngest son and brother over their 2006 purchase of a hedge fund firm, saying an investor failed to be specific enough in claiming that they underhandedly shoehorned him out of the deal.
One REIT sponsor attracting attention recently from independent broker-dealers is The Inland Real Estate Group of Companies Inc., which sponsors five publicly traded and non-traded REITs.
Federal authorities have arrested six people in a hedge fund insider trading case that they say led to $20 million in illegal profits.
Two former Bear Stearns hedge fund managers are on trial in one of the few criminal cases brought against Wall Street executives in connection with the collapse of the housing market.
Lionel Pincus, founder and chairman of New York-based private equity firm Warburg Pincus, has died, according to a spokesman for his longtime partner, Princess Firyal of Jordan. He was 78.
The dismal recent performance by the endowment funds of several Ivy League universities has dimmed the luster of the funds' managers.
Nearly two years after her ouster from Morgan Stanley, Zoe Cruz, the firm's former co-president, is now plotting to launch her own alternative investment shop.
Hedge funds produced positive returns for the seventh consecutive month in September, with the HFRI Fund Weighted Composite index gaining 3.02% for the month, according to data from Hedge Fund Research.
The Achilles heel of hedge funds — tax inefficiency — could soon send investors limping toward other options.
Unemployment is expected to remain at elevated rates for the next two years, Boston Federal Reserve Bank president and chief executive Eric Rosengren said at a meeting of the Greater Boston Chamber of Commerce today.
Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.
CIT Group Inc. shares plunged in premarket trading Wednesday as the commercial lender is reportedly trying to craft an exchange that would cut its debt and offer bondholders an equity stake in the company in a bid to avoid bankruptcy.
Atlantic City police are investigating how a hedge fund executive fell to his death from an escalator.
With the S&P 500 up more than 18% since the start of the year and almost 60% from the March 9 market low, it might be easy to make a case for long or even leveraged-long equity exposure.
Institutional investors are examining every aspect of their fund-of-hedge-funds portfolios and the managers in charge of them in the wake of the performance debacle of 2008, liquidity problems and the seismic shock of Bernard L. Madoff's massive Ponzi scheme.
A key regulator on Tuesday urged Congress to go beyond an Obama administration proposal and impose comprehensive oversight on the sprawling, complex market for financial derivatives blamed for worsening the credit crisis last fall
In a first, top executives with LPL Investment Holdings Inc. last week picked up hundreds of thousands of options to purchase the company's common stock — a move that has renewed speculation about a forthcoming initial public offering.
The hedge fund industry continues to shrink — though the pace is slowing a bit, according to the latest report from Hedge Fund Research Inc.
It boasts ocean views, an infamous former owner — and now a buyer willing to pay more than $8.75 million.
