Hedge Fund and Private Equity News

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Hedge-Fund-Exec.-Cum-Prostitution-Maven Mulls Gov. Run

Feb 8 2010 | 10:50pm ET

Kristin Davis, a former hedge fund executive whose escort service claimed former New York Gov. Eliot Spitzer as a client, plans to run for Spitzer's old job.

Davis, with the backing of top Republican strategist and Spitzer bete noir Roger Stone, launched her campaign at a Libertarian Party event in New York. The former madam, who spent four months in jail for running a prostitution scheme, says she once served as vice president of an unidentified hedge fund.

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Credit Recovery Funds Dropping Like Flies

Feb 8 2010 | 9:35pm ET

Many distressed debt hedge funds launched to take advantage of the credit recovery are closing much earlier than expected.

Hedge Fund Manager Sues To Save Sweetheart Rent Deal

Feb 8 2010 | 9:32pm ET

Hedge fund manager Ross Haberman doesn’t need a $380-a-month apartment. But he’s certainly going to fight for it, anyway.

Cantor Fitzgerald Forms New Investment Advisory Biz

Feb 8 2010 | 12:18pm ET

Cantor Fitzgerald has announced the creation of a new alternative investment and advisory business—Cantor Investment Advisors—which will be led by Stephen Ardizzoni.

Hennessee Group: Hedge Fund Indices Decline In January

Feb 8 2010 | 9:01am ET

In January, most market indices took a beating, and hedge funds were no exception.

Prologue Hires Portfolio Manager To Trade U.S. Agency Mortgages

Feb 8 2010 | 8:35am ET

Alternative asset management firm Prologue Capital has named Noah Estrin as a senior portfolio manager focused on trading U.S. Agency mortgages.

TCW Cuts Hedge Fund Fees After Firing Manager

Feb 8 2010 | 7:34am ET

TCW Group has moved to quell investor discontent after it called its fired chief investment officer a drug user and pornography addict by cutting fees.

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In Depth

CFTC Forex Proposal: U.S. Retail Market to Disappear?

Jan 20 2010 | 11:52am ET

Contributor James Bibbings investigates whether a new proposed rule by the Commodity Futures Trading Commission would mean the end of retail forex transactions as we know them.

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Guest Contributor

Merlin’s Necessary Nine: How To Raise and Retain Institutional Capital

Feb 8 2010 | 12:01am ET

By Ron Suber -- Not long ago, pre-2008, hedge fund managers held relative power over investors. Because demand for their products was so high across a range of strategies, they controlled the terms, often with little transparency and very favorable gating provisions.

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Ron Suber

Lifestyle

Offshore, Out of Mind?

Feb 6 2010 | 8:08am ET

Tax havens have nowhere to hide now that America has turned on them, says Christopher Silvester.