Banc of America Securities cuts its earnings estimates and price targets on Blackstone Group and Fortress Investment Group.
As it faces $6 billion in new write-downs, Merrill Lynch may sell its BlackRock and Bloomberg interests.
London-based hedge fund taps emerging markets expert to run a $1.2 billion special situations fund.
The Alternative Investment Management Association is preparing the first-ever practice standards for funds of hedge funds.
Hedge fund fugitive Samuel Israel today told a judge that he unsuccessfully tried to overdose on drugs.
Hedge fund investors now have the ability to insure themselves against fraud or even the allegation of fraud.
Hedge fund performance replication has come to the mutual fund industry in the form of the IQ Alpha Hedge Strategy Fund.
"The cushion provided by well-covered dividend yields has taken on increased importance," a JPMorgan analyst wrote.
Home prices continued their freefall in April, with some areas reporting declines of nearly 27% year-over-year.
The hedge fund is reportedly considering raising another $1 billion to take advantage of Wall Street turbulence.
Hedge funds posted positive returns in May, despite growing concerns that inflationary pressures and spiking oil prices would hinder growth rates.
Crude oil prices soared today on the news of an Israeli Air Force exercise that experts say was a show of force aimed at Iran.
The deal would transform Apria Healthcare into a private company wholly owned by Blackstone and its affiliates.
The company invests in mortgage-backed securities that are backed by government-sponsored agencies.
Two former hedge fund managers at the soon-to-be-defunct Bear Stearns may soon be indicted.
Two-thirds of asset managers surveyed are planning to develop blended alternative investments or products.
A former SAC Capital Advisors LLC trader accused of workplace harassment is looking to raise $500 million for his own hedge fund.
Ex-hedge fund manager Samuel Israel III disappeared Monday, hours before he was to begin serving a 20-year sentence.
The data from RealtyTrac also showed a 48% increase in foreclosures year over year.
