Mar 19 2010 | 9:12am ET
A pair of Barclays Capital credit traders is founding a hedge fund that will manage UCITS III-compliant vehicles.
Rupesh Tailor and Jose Mosquera will set up the Breogan Global Financials Fund in Madrid. Auriga Securities, also based in the Spanish capital, is seeding the new firm, which hopes to raise US$70 million for the fund at launch.
Mar 19 2010 | 10:18am ET
Fund of hedge funds shop Olympia Capital Management has launched a new vehicle that is part fund of funds, part hedge fund index.
Mar 19 2010 | 9:53am ET
A federal judge earlier this month tossed the $7 billion pension’s suit against the Greenwich, Conn.-based hedge fund, founder Nicholas Maounis and three of its managers.
Mar 19 2010 | 9:52am ET
The U.K. really is “very isolated” in its opposition to the European Union’s proposed hedge fund rules: The country counts only a pair of Mediterranean island nations in trying to sink the directive, which would impose strict reporting and custody requirements on hedge funds and private equity funds.
Mar 19 2010 | 9:46am ET
The financiers hoping to lead a takeover of Britain’s most legendary soccer team are looking to bring on another prominent hedge fund executive into its ranks.
Mar 19 2010 | 9:45am ET
Hedge funds may be salivating at the opportunity to snatch top talent from banks if the Volcker rule becomes law, but they may have a poaching problem of their own.
Mar 19 2010 | 9:09am ET
A new hedge fund is taking a Bible verse to heart. C3:23 Capital debuted in January with $2 million.
More NewsMar 19 2010 | 1:29pm ET
Two year ago cleantech, or green, investing was the strategy du jour. Today, industry expert and best-selling author Peter Fusaro explains that the industry is in a lull, though he still believes that investors can diversify their risk by investing in green funds.
Mar 16 2010 | 6:45am ET
Just a few years ago prime brokers viewed hedge funds as their main counterparty risk. Oh how times have changed. Industry experts and guest contributors Ron Suber and Aaron Vermut discuss where the prime brokerage industry has been, where it is now, and more importantly, where it is going in the future.
Mar 19 2010 | 9:50am ET
SAC Capital Advisors founder Steven Cohen has bought on of Jasper John’s famed “Flag” paintings. The hedge fund manager reportedly paid $110 million for the canvas, one of the earliest and largest in the series. Other examples hang in the hallowed halls of the Metropolitan Museum of Art, Museum of Modern Art and Whitney Museum of American Art. The Met reportedly paid $20 million for its version in 1998.
Jasper Johns' "Flag"