Mar 11 2014 | 11:43am ET
SAC Capital Advisors had to look no further than its front door for its new name.
The legendary hedge fund, which is becoming a family office following its guilty plea to insider-trading charges, will change its name to Point72 Asset Management. The moniker refers to SAC's longtime headquarters at 72 Cummings Point Road in Stamford, Conn.
Mar 11 2014 | 12:19pm ET
February proved much kinder to top hedge funds than did 2014's first month, as several prominent names bounced back from January losses last month.
Mar 11 2014 | 12:18pm ET
Polygon Global Partners remained hot in February, adding 2.69% to its already strong January return.
Mar 11 2014 | 11:38am ET
Alternative fund administrators had $6.37 trillion in assets under administration in H2 2013, up 6.23% from the first half of the year, according to a recent industry survey.
Mar 11 2014 | 10:39am ET
Hedge fund investors expect industry assets under management to grow 12% this year to an all-time high of $2.8 trillion, according to new research from Credit Suisse.
Mar 11 2014 | 8:42am ET
HSBC hopes to unload as much as €2 billion in private-equity investments as it moves to comply with new U.S. and European banking rules.
Mar 11 2014 | 8:41am ET
For activist hedge fund Casablanca Capital, it's all or nothing in its battle with Cliffs Natural Resources.More News
Mar 11 2014 | 7:41pm ET
Private-equity firms are salivating over the opportunities created by bank deleveraging in Europe. And to tap them, they'll need fresh capital. And to raise that, they may first turn to Sasha Jensen.
Jensen is behind Jensen Partners, an executive recruitment firm with a very tight focus: Capital-raising, especially in the private-equity arena.
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…