The head of Goldman Sachs’s equity proprietary trading desk will start a hedge fund inside the firm, said a report.
Leon Black could hold a stake worth $3 billion once the private equity firm sells part of itself to investors, the New York Post reported.
Fortress Investment Group today closed a pair of funds with a final total of $5 billion in third-party commitments.
Amaranth Advisors LLC and a pair of its traders face $291 million in penalties for price manipulation, the Federal Energy Regulatory Commission said today.
Former hedge fund trader Mark Lenowitz pleaded guilty to profiting from inside tips allegedly leaked by a former UBS executive.
The $14 billion hedge fund manager run by billionaire Steven Cohen is considering selling up to 20% of itself in a private offering.
The U.S. Commodity Futures Trading Commission today filed civil charges against Amaranth Advisors LLC and its ex-head energy trader Brian Hunter.
Hedge funds pulled in $58.7 billion in new flows during the second quarter, according to Hedge Fund Research.
An article about Credit Suisse/Tremont hedge fund indexes revising performance data did not include a correct comparison of indexes.
The Robin Hood Foundation said it would stop investing in its donors’ and board members’ hedge funds.
The failing subprime mortgage market caused a hedge fund index to revise its performance returns.
Hedge Fund Research Inc. today introduced five new indices to track hedge fund performance in Asian markets.
Investors in Bear Stearns’ two failed hedge funds have lost their money and will probably not get it back, according to published reports.
Global credit derivatives totals spiked 113% in 2006, but that streak is threatened by recent hedge fund disasters.
London's Henderson Global Investors will launch a $1 billion fund focused on Asian real estate, according to a Financial Times report.
Blackstone has slammed a story saying the private equity giant is using a loophole to get millions back in taxes.
The Robin Hood Foundation is under scrutiny by Congress for investing charitable money into its donors’ and members’ hedge funds, Bloomberg reported.
The Greenwich Global Hedge Fund Index increased 1.07% in the month of June, beating out the major market benchmarks.
The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.
The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.
