May 16 2012 | 12:41pm ET
Private equity giant Kohlberg Kravis Roberts may buy its way into the fund of hedge funds business.
KKR is in talks with Prisma Capital Partners about buying a stake in the New York-based firm. It is unclear how large a stake KKR is seeking in the ongoing talks, or whether a deal was imminent.
May 16 2012 | 12:36pm ET
Gottex Fund Management has agreed to buy a Hong Kong fund of hedge funds, nearly doubling its assets in Asia at a stroke.
May 16 2012 | 12:22pm ET
The Carlyle Group's first quarterly report as a public company was a forgettable one, indeed.
May 16 2012 | 12:21pm ET
A New York City contractor has been charged with ripping off Citadel Investment Group to the tune of $1.2 million.
May 16 2012 | 12:20pm ET
With President Barack Obama's Justice Dept. opposing his efforts to be paid in full on defaulted Argentine debt, Elliott Management Corp.'s Paul Singer has turned to a former official from a more congenial administration.
May 16 2012 | 12:19pm ET
Level Global Investors' insurer will have to keep paying the defunct hedge fund's legal bills, a federal judge said last week his is inclined to rule.
May 16 2012 | 11:49am ET
John Paulson's new semi-sunshine policy will take him today to one of the most prominent investment conferences in the world.
More NewsMay 8 2012 | 10:44am ET
The successful hedge funds of funds of the future will be those that are “a little more alpha-centric than beta-centric,” says SkyBridge Capital managing partner and CIO Ray Nolte.
Apr 23 2012 | 7:35am ET
By Deborah Prutzman, CEO, The Regulatory Fundamentals Group -- At a time when investors are demonstrably concerned about the operational risks associated with an alternative asset investment, particularly an investment with an emerging manager, many managers shy away from addressing compliance and regulatory issues. This is a mistake. A proactive approach differentiates a manager from the pack...
Deborah Prutzman May 15 2012 | 12:16pm ET
A co-founder of Los Angeles-based Oaktree Capital Management has paid a record amount for a Manhattan apartment. Howard Marks and his wife, Nancy, made the 30-room duplex in one of New York's most exclusive buildings the most expensive in the city's history.
Mar 2 2012 | 4:10am ET
Deirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…