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Argentina Talks To Resume On Eve Of Default

Jul 28 2014 | 12:24pm ET

Argentina will make a final stab at avoiding a default on Wednesday with a last-ditch meeting with a court-appointed mediator tomorrow.

The country has until July 30 to pay hedge-fund holdouts from its last default years ago or to win a stay of the court-order requiring that payment. Its negotiators left New York on Friday without a deal.
 

Latest News

Hedge Fund, Founder Cleared In Madoff Feeder Fund Suit

Jul 29 2014 | 8:41am ET

A hedge fund founded by a former top Merrill Lynch executive isn’t on the hook for losses suffered by two clients in the Bernard Madoff scandal.

Ex-KKR Asia Exec. To Neuberger Berman

Jul 29 2014 | 8:37am ET

Neuberger Berman Group has turned to a Kohlberg Kravis Roberts veteran to bolster its Asian business.

Vinik’s Demolition Derby Lays Groundwork For Fla. Mansion

Jul 29 2014 | 8:36am ET

Hedge fund manager Jeffrey Vinik’s new life on Florida’s Gulf Coast is starting to take shape.

Chenavari Ends First Half Up 18.24%

Jul 28 2014 | 12:06pm ET

Chenavari Investment Managers’ torrid pace continued in June, with the firm rising 2.02% and nearing 20% for the year.

Dollar Stores To Merge After Icahn, Trian Activism

Jul 28 2014 | 12:05pm ET

Less than two months after Carl Icahn bought a big stake in Family Dollar Stores and began agitating for a sale, he has been rewarded with an $8.5 billion deal for the discount retailer.

Greenlight Rides Longs To 7.9% Q2 Gain

Jul 28 2014 | 11:45am ET

Greenlight Capital put its money-losing first quarter behind it in the second, no thanks to its short book.

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In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv and has 360,000 researcher/analysts. If you're picturing the HR nightmare this would entail, relax: those thousands of researchers and analysts aren't actual employees of the firm.

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David Yarrow (left)David Yarrow (left)
 
 

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    Jul 8 2014 | 10:48am ET

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