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Prisma In Talks To Sell Stake To KKR

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.

 

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Gottex Acquires Hong Kong Fund Of Funds Penjing

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.

Carlyle Profit Drops As Firm Plans 11 New Funds

May 16 2012 | 12:22pm ET

The Carlyle Group's first quarterly report as a public company was a forgettable one, indeed.

Contractor Charged With Stealing From Citadel

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.

Ex-Treasury Official Backs Elliott In Argentina Debt Battle

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.

Level Global Insurer May Have To Pay Bills

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.

Paulson, Einhorn To Speak At New York Conference

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.

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In Depth

SkyBridge Exec Says FoFs Must Be More ‘Alpha-Centric’

May 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.

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Deborah PrutzmanDeborah Prutzman
 
 
 
 

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Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre 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…