Jan 27 2012 | 9:23am ET
A Jersey City, N.J.-based hedge fund firm has allegedly been bilked by one of its own. According to sources familiar with the Osiris Fund, partner Peter Zuck has fled with investors’ money and the fund is now defunct.
Unlike most hedge funds which have a minimum investment level of $1 million or more, the minimum investment for the Osiris Fund was just $150,000, making it accessible to smaller investors.
Jan 27 2012 | 12:35pm ET
British regulators continued to levy fines for insider-trading at Greenlight Capital today—and they may not be finished.
Jan 27 2012 | 12:34pm ET
In 2011, Bridgewater Associates showed why it is the biggest—and one of the most respected—hedge funds in the world.
Jan 27 2012 | 11:55am ET
Having had most of the case against them junked, the owners of the New York Mets are going after the rest.
Jan 27 2012 | 11:52am ET
The Carlyle Group's plans to forestall investor lawsuits against it after its initial public offering has sparked angry recriminations from shareholders rights group and Capitol Hill.
Jan 27 2012 | 11:51am ET
Two of the hedge fund managers to plead guilty in the expert-network insider-trading case have been barred from the securities industry.
Jan 27 2012 | 11:19am ET
The Texas Permanent School Fund is fed up with fund of hedge funds fees.
More NewsJan 25 2012 | 12:53pm ET
Established in 1986 to encourage the development of natural resources in the U.S., master limited partnerships have only “started to grow up and be a legitimate asset class” very recently, according to Brian Watson, head of research at the Dallas-based investment manager SteelPath. SteelPath specializes in MLPs—which are structured as limited partnerships but trade on public exchanges and must earn 90% of their returns from real estate, natural resources or commodities.
Jan 10 2012 | 5:10am ET
By Patrick J. McCurdy, Merlin Securities -- The investor due diligence process has evolved with the growth of the hedge fund industry. What was once a short and rather perfunctory process has grown into one which today is highly quantitative and detailed. While there is no one-size-fits-all formula for investors, one certainty is that managers who understand the components of the due diligence process will have an easier time meeting the requests of investors.
Jan 20 2012 | 10:56am ET
“Arbitrage,” a film in which Richard Gere is neither an officer nor a gentleman but a crooked hedge fund manager, will have its first screening on Saturday at the Sundance Film Festival in Park City, Utah.
Jan 23 2012 | 11:26am ET
South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…