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Bridgewater Sues Ex-Employees

Oct 23 2014 | 10:14am ET

Ray DalioRay DalioRay Dalio's Bridgewater Associates is suing the founders of Convoy Investments, claiming they lied about their roles at Bridgewater to promote their own fund.

In a 19-page complaint filed in Manhattan federal court on Tuesday, Bridgewater said Howard Wang and Wenquan 'Robert' Wu presented themselves as “former key figures responsible for core aspects of Bridgewater's business” when, in fact, “they were nothing of the sort.”

 

Latest News

MLT Founder Launches New Hedge Fund

Oct 23 2014 | 11:22am ET

Daniel Barach, who shuttered his MLT Capital hedge fund in 2008, is launching a new one.

Maverick Plans Venture Capital Fund

Oct 23 2014 | 10:53am ET

Maverick Capital is branching out: the hedge fund firm is planning a venture capital fund.

Eclectica Assets Dwindle

Oct 23 2014 | 6:10am ET

Investor redemptions have cost Eclectica Asset Management more than half of its assets this year.

Alleged Pershing Square-Herbalife Tippee Seeks End To SEC Case

Oct 23 2014 | 6:09am ET

A man accused of insider-trading Herbalife shares based on hints he got from a friend who lived with a Pershing Square Asset Management analyst is challenging the Securities and Exchange Commission’s right to challenge his actions.

Court Brushes Aside Latest Argentine Appeal

Oct 23 2014 | 6:08am ET

A federal appeals court in New York has dealt Argentina yet another legal defeat in its default-inducing battle with hedge funds.

Madoff Trustee Strikes Another Deal

Oct 23 2014 | 5:12am ET

A Bernard Madoff investor has settled with the receiver recovering assets for the Ponzi schemer’s victims.

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In Depth

Part II: Roubini Talks Risk, Recovery And The Threat Of A Triple Dip Recession

Oct 21 2014 | 12:41pm ET

In the second half of our interview with Nouriel Roubini, FINalternatives editor-in-chief Deirdre Brennan speaks with the renowned economist about IMF policies, the risk posed by shadow banking systems, and the possibility of a hard landing in China.

More Features
Nouriel RoubiniNouriel Roubini
 
 
 
 
 
 

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Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

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