Goldman Sachs’s Global Equity Opportunities fund lost $1 billion last week, prompting a $3 billion injection.
Coby Brooks, the son of the late founder and owner of the Hooters restaurant chain, is in an estate battle with his father's widow, arguing that a commonly used estate law is unconstitutional.
Despite high-profile stories of hedge fund collapses in the last few weeks, two indexes showed overall gains for the industry.
Bear Stearns is being sued over the now-infamous failure two of its hedge funds, published reports said.
Radar Logic has licensed its real estate data to three Wall Street firms that will allow investors to bet on which way residential real estate markets are headed.
The HFR Fund Weighted Composite Index increased 0.49% in July and is up 7.99% year-to-date.
Hennessee Group has been cleared in a lawsuit filed by a client who lost money in the collapsed hedge fund Bayou Group LLC.
Goldman Sachs Group Inc.'s flagship hedge fund fell 8% during the last week of July, according to Financial News.
Merrill Lynch helped speed up the deterioration of one of Bear Stearns' collapsed hedge funds.
Barclays Global Investors today launched the first iShare ETF to invest in international real estate via real estate investment trusts.
The Raptor Fund fell 9% last month, while Caxton Associates' flagship hedge fund fell about 3%.,
A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.
Bear Stearns and several of its asset management employees are the subject of an arbitration claim by an investor who suffered losses in one of the company’s structured credit hedge funds.
Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.
JPMorgan Hedge Fund Services has expanded its Asia business with a pair of hires in its Hong Kong office.
The SEC doesn’t need legislation right now to beef up its oversight of the hedge fund industry, SEC Chairman Christopher Cox said today.
Hedge fund advisers opting to register with the SEC increased by only 1.5% this year.
Citadel Investment Group LLC, one of the world's largest hedge funds, agreed to take over the credit portfolio of Sowood Capital Management LP.
Shares of Fortress Investment Group LLC today dipped below the price at which the hedge fund and private-equity manager filed its initial public offering in February.
Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.