Lee Scott, former Wal-Mart Stores Inc. CEO and president, has joined the private equity firm Solamere Capital as an operating partner and a member of its investment committee.
A German man who founded the hedge fund group K1 was arrested by police amid an investigation into possible fraud that may total some euro200 million ($295.7 million), prosecutors said Thursday.
ING is looking to sell its $92.4 billion global real estate business and BlackRock Inc. has emerged as one of the potential buyers, according to industry sources
The U.S. House Financial Services Committee has voted to regulate for the first time hedge funds and other large pools of capital.
Real estate money managers are seeing the equity in their property investments begin to dissolve.
Busting billionaire hedge fund manager <a href=http://www.investmentnews.com/article/20091016/FREE/910169991&ht=galleon> Raj Rajaratnam last week </a> is a sign that the Securities and Exchange Commission is paying much closer attention to insider-trading rings , according to a former SEC enforcer-turned whistleblower.
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.
