Mar 10 2010 | 11:09am ET
Private equity firm Apollo Management will buy Citigroup’s real estate investment business. The New York-based firm signed a letter of intent to acquire Citi Property Investors, which has $3.5 billion in assets.
The deal, which is expected to close within three months, will more than triple Apollo’s real-estate assets.
Mar 10 2010 | 1:26pm ET
In December, Horseman Capital lost its most high-profile fund manager, founder John Horseman. In January, it lost most of its assets.
Mar 10 2010 | 1:25pm ET
A second former Galleon Group trader wore a wire as part of the insider-trading probe that snared Galleon founder Raj Rajaratnam.
Mar 10 2010 | 1:06pm ET
The London-based firm’s Auriel UK Equity Fund will invests in the most liquid British stocks—those comprising the FTSE 100 Index—with both long and short portfolios.
Mar 10 2010 | 1:04pm ET
Despite the findings of German regulators that there is no evidence that hedge funds used credit default swaps to push his country to the brink of default, Greek Prime Minister George Papandreou is demanding that hedge funds be more strictly regulated.
Mar 10 2010 | 12:39pm ET
Hedge funds were up slightly last month as all but one strategy posted gains, according to early estimates from Eurekahedge.
Mar 10 2010 | 12:38pm ET
A limousine-driver-turned-hedge-fund-fraudster has admitted to swindling investors out of almost $20 million.
More NewsMar 9 2010 | 7:09am ET
Jonathan Neill is chief strategist and lead portfolio manager for long directional funds at UK-based FPP Asset Management. Neill took some time last week to speak with FINalternatives senior reporter Mary Campbell about the attractions of undervalued stocks, the upside to risk aversion, and the truth about China ‘experts.’
Jonathan Neill Feb 16 2010 | 9:45am ET
By Donald A Steinbrugge -- The SEC is re-evaluating its position with regard to creating regulation that would ban third party marketers from soliciting business from public pension funds in the United States.
Feb 26 2010 | 12:11pm ET
Tiger Management founder Julian Robertson has ensured that when an art museum in his home state reopens, a major hole in its collection will be filled.
Pablo Picasso, Seated Woman, Red and Yellow Background, 1952