Dec 9 2013 | 12:48pm ET
Perry Capital's former Asia chief has achieved the largest hedge fund launch of the year in the region, netting more than US$1 billion for his second fund.
Hong Kong-based Asia Research & Capital Management's existing investors—who number a mere 15 to 20—pledged the full US$1.1 billion raised for the firm's Fund II. Barring a larger launch in the next three weeks, Alp Ercil's ARCM will house the largest Asia launches of both 2012 and 2013; the firm closed its first fund last summer with US$940 million.
Dec 9 2013 | 12:46pm ET
Lawyers for former SAC Capital Advisors portfolio manager Mathew Martoma on Friday asked the judge presiding over his insider-trading case to exclude a great volume of potential evidence against him—while also allowing them to quote from firm founder Steven Cohen's deposition before the Securities and Exchange Commission.
Dec 9 2013 | 12:45pm ET
Paulson & Co.'s hedge funds solidified their position among the industry's best performers this year in November.
Dec 9 2013 | 12:44pm ET
Nutritional supplements company Herbalife has opened a new front in its battle with hedge fund manager William Ackman, trying to hit the Pershing Square Capital Management founder where it really hurts.
Dec 9 2013 | 11:30am ET
New York-based private equity specialist Savanna has hired Citigroup alumnus Kevin Liang as a senior analyst.
Dec 9 2013 | 11:04am ET
More than six years after the advent of the financial crisis, the world's hedge funds have at last recouped their lost assets.
Dec 9 2013 | 11:03am ET
Three hedge fund managers arrested by British authorities in February will not face criminal charges.More News
Nov 26 2013 | 12:50pm ET
Alternative investment firm Apollo Aviation Group has a rather unusual market niche: it specializes in leasing and trading commercial aircraft and engines as well as acquiring and dismantling aircraft and engines for parts.
Since its founding in 2002, Apollo, which has $1.36 billion in assets under management, has set up and managed 10 funds. To find out more about Apollo, FINalternatives Senior Reporter Mary Campbell spoke with Managing Director David Treitel.
Dec 5 2013 | 1:01pm ET
Ronen Schwartzman, founder of New York-based hedge fund advisory Ten Capital Advisors, discusses his outlook for 2014 and explains why he is bullish on long-short equity managers and event driven funds, and bearish on fixed income and commodities shops.
Dec 2 2013 | 7:03am ET
Highland Capital Management founder James Dondero's wife apparently won't let a jury verdict get between her and as much of his money as possible.
Rebecca Dondero plans to sue her husband again to seek more than the $5 million set in the couple's prenuptial agreement. The move follows a jury's ruling that both Donderos violated the prenup—and thus that it should remain in place.
Dec 5 2013 | 9:51am ET
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