Friday, 25 July 2014
Last updated 3 hours ago
Jul 25 2014 | 3:38pm ET
Talks to avoid Argentina’s impending default are apparently going nowhere just five days before the event, according to one of the hedge-fund holdouts from the country’s last default.
Representatives of the country were set to meet for the second-straight day with a court-appointed mediator. But they are still refusing to meet with the hedge funds, Elliott Management and Aurelius Capital Management, and no progress was reported yesterday after three hours of meetings.
Jul 25 2014 | 3:36pm ET
Like many private-equity firms, Kohlberg Kravis Roberts has been on a selling spree, and it has paid off.
Jul 25 2014 | 3:35pm ET
The Securities and Exchange Commission has been forced to reveal an anonymous whistleblower tip that led to a lawsuit against Yorkville Advisors to the hedge fund.
Jul 25 2014 | 3:34pm ET
Hedge fund Starboard Value is keeping up the pressure on Darden Restaurants, asking a court to force the company to turn over its financials.
Jul 25 2014 | 3:33pm ET
The convictions of five former Bernard Madoff aides should stand, a federal judge ruled yesterday.
Jul 25 2014 | 3:32pm ET
UBS was within its rights when it fired a top analyst for tipping a pair of hedge fund managers about a report he had yet to publish.
Jul 25 2014 | 2:54pm ET
Apple Inc. is one of the most widely respected and wildly successful companies in the world. Even at its sky-high valuation, some hedge fund managers, notably Carl Icahn, believe it is cheap. Noster Capital’s Pedro de Noronha isn’t so sure.More News
Jul 25 2014 | 8:14am ET
The Securities and Exchange Commission is considering changes to its 30-year-old definition of “accredited investor” that could have serious implications for the crowdfunding industry.
Jul 24 2014 | 5:55am ET
The number of private funds converting to mutual funds has increased significantly in recent years. Unfortunately, there is a lot of confusion among managers about whether their private fund track record can be portable, what steps they must take to make it happen or even how they can use the track record if it is portable. Industry expert Dave Carson explains.
Jul 23 2014 | 6:44am ET
While he’s always been a photographer, recent expeditions to Iceland, Ethiopia and beyond have given hedge-fund manager David Yarrow a clear shot at artistic and financial success, says William Cash.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…