Mar 10 2014 | 12:54pm ET
Adam Bernstein, technology sector head and fund manager at Highbridge Capital Management, plans to launch a tech and media-focused hedge fund.
Bernstein, who has been with Highbridge for almost nine years, has told the firm he plans to leave with two colleagues—Mark Hoffman, Highbridge's global head of stock trading, and an unnamed investment analyst.
Mar 10 2014 | 2:50pm ET
It took Pershing Square Capital Management nearly all of last year to hit double-digit returns. This year, the firm has done it in two.
Mar 10 2014 | 2:49pm ET
Times have been tough for Astenbeck Capital Management, which suffered its worst-ever year in 2013 and looks likely to be tossed overboard by co-owner Occidental Petroleum. But firm founder Andrew Hall proved last month that he can't be counted out.
Mar 10 2014 | 2:48pm ET
An exchange of insults has become an almost daily occurrence between Carl Icahn and eBay Inc.
Mar 10 2014 | 2:47pm ET
Former bond trader Jesse Litvak has been convicted of defrauding investors in mortgage-backed securities, including several prominent hedge funds.
Mar 10 2014 | 2:46pm ET
Most hedge fund strategies gained ground in February, when the average fund rose 1.9% to erase January's losses.
Mar 10 2014 | 1:39pm ET
Matthews Asia has tapped Andy Rothman as a China-focused investment analyst based in San Francisco.More News
Mar 5 2014 | 2:45pm ET
The Eyck European Tactical Distressed Opportunities Fund recently won The AIF Factor, a competition for alternative investment funds organized by ABN AMRO Clearing, and Khing Oei said he hopes the win will add to the positive fundraising momentum Eyck Capital is currently enjoying.
Feb 3 2014 | 9:58am ET
Investment consulting firms are paying greater attention to ‘soft’, subjective factors in assessing money managers, according to a recent survey by Market Strategies International’s Cogent Reports. Firms that place a greater emphasis on increasing and demonstrating transparency in their communications and processes are favored, Cogent noted.
Mar 4 2014 | 11:40am ET
Hedge funds underwhelmed last year, but that didn’t keep 2013 from being a good one for the world’s alternative investment billionaires.
At least 78 hedge fund and private-equity managers made Forbes magazine’s annual list of global billionaires. In a year that saw stocks soar, the 10-figure ranks grew by 268 members to 1,645, an all-time high, with an aggregate net worth of $6.4 trillion.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…