Wednesday, 30 July 2014
Last updated 37 min ago
Jul 29 2014 | 2:35pm ET
Harbinger Capital Partners’ former chief operating officer has settled Securities and Exchange Commission fraud allegations, closing the book on a case that cost firm founder Philip Falcone the right to run a hedge fund.
Peter Jenson agreed to pay $200,000 and admitted wrongdoing for helping Falcone take a $113 million loan from Harbinger hedge funds to pay his tax bill. The loan was not disclosed to investors.
Jul 30 2014 | 6:27am ET
Even after shutting down SAC Capital Advisors LP, Steven A. Cohen is still beating most hedge funds.
Jul 30 2014 | 6:17am ET
Anthony Bozza is counting on the greed of a debt investor almost left for dead in the financial crisis to make money for his hedge fund.
Jul 29 2014 | 2:33pm ET
Less than two months after he began agitating for a sale, discount retailer Family Dollar obliged Carl Icahn, earning the billionaire another $174.3 million.
Jul 29 2014 | 9:24am ET
Having completed a deal that they so bitterly opposed, Darden Restaurants yesterday moved to mollify the hedge funds seeking to take control of the company.
Jul 29 2014 | 9:23am ET
Pershing Square Capital Management’s William Ackman couldn’t put a dent in Herbalife’s share price, but the end of the company’s earnings streak did.
Jul 29 2014 | 9:20am ET
In the end, Elliott Management did not stand in the way of a major Asian banking merger.More News
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.
Jul 29 2014 | 9:33am ET
In an environment where many asset classes seem expensive by historical standards, it is tough to find compelling investment opportunities that offer attractive risk/reward profiles. This is especially true in the fixed income world where yields in many areas are at record lows. Steve Mason, a portfolio manager at Collins Capital Investments, tells us where he looking.
Jul 23 2014 | 6:44am ET
While he’s always been a photographer, recent expeditions to Iceland, Ethiopia and beyond have given hedge-fund manager David Yarrow a clear shot at artistic and financial success, says William Cash.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…