Friday, 25 July 2014
Last updated 26 min ago
Jul 24 2014 | 10:35am ET
The country’s largest public pension fund is poised to slash its hedge fund investments by almost half.
The California Public Employees’ Retirement System plans to cut its hedge-fund portfolio by 40% this year, pulling some $2 billion from the industry. CalPERS will continue to have about $3 billion invested in hedge funds.
Jul 25 2014 | 6:09am ET
Citigroup Inc., the third-biggest U.S. bank by assets, appointed James Boyle as global head of equity derivatives, replacing Simon Yates who left this month to join a hedge fund.
Jul 25 2014 | 6:03am ET
Private equity firm Method Advisors has named Orlando Mendoza as a partner. In his new role, Mendoza will be working from the firm's Boston office, focusing on co-investments, fund-level investments and business development.
Jul 25 2014 | 5:54am ET
Perry Capital, the $10.9 billion hedge-fund firm run by Richard Perry, is betting on the paper and packaging industry anticipating that the value of companies could double if they adopt a new tax structure.
Jul 24 2014 | 10:32am ET
New European Union hedge-fund regulations have cost that continent’s investors access to Renaissance Technologies.
Jul 24 2014 | 10:31am ET
Its founder cleared of insider-trading charges, Wynnefield Capital is wasting no time getting back to business.
Jul 24 2014 | 10:01am ET
After going nowhere for the better part of a year, Trian Partners’ campaign against PepsiCo has won some much-needed new momentum.More News
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 24 2014 | 5:55am ET
The number of private funds converting to mutual funds has increased significantly in recent years. Unfortunately, there is a lot of confusion among managers about whether their private fund track record can be portable, what steps they must take to make it happen or even how they can use the track record if it is portable. Industry expert Dave Carson explains.
Jul 15 2014 | 10:48am ET
Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at the event’s final table.
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…