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Bridgewater Sues Ex-Employees

Oct 23 2014 | 10:14am ET

Ray DalioRay DalioRay Dalio's Bridgewater Associates is suing the founders of Convoy Investments, claiming they lied about their roles at Bridgewater to promote their own fund.

In a 19-page complaint filed in Manhattan federal court on Tuesday, Bridgewater said Howard Wang and Wenquan 'Robert' Wu presented themselves as “former key figures responsible for core aspects of Bridgewater's business” when, in fact, “they were nothing of the sort.”


Latest News

Icahn Says Taj Mahal ‘Will Almost Certainly Close’

Oct 24 2014 | 10:31am ET

The Trump Taj Mahal will become the fifth Atlantic City, N.J., casino to close this year, according to Carl Icahn, its largest creditor.

Ackman Sees Valeant-Allergan Bid As A Happy One

Oct 24 2014 | 10:29am ET

Pershing Square Asset Management chief William Ackman used a deposition by lawyers for Allergan Inc. to offer a lesson in semantics.

Franklin K2 Opens European Mutual Fund Of Hedge Funds

Oct 24 2014 | 10:25am ET

Franklin Templeton Investments has launched a European version of its mutual fund of hedge funds.

Soros’ Son Faces Fight For Billions In Divorce

Oct 24 2014 | 10:24am ET

George Soros’ oldest son and the president of his $28 billion family office has split from his wife of 22 years.

Jana Jacks Up Hertz Stake

Oct 24 2014 | 10:22am ET

Hertz Global Holdings has not solved its activist hedge-fund problem.

Eclectica CEO Out

Oct 24 2014 | 10:21am ET

The CEO of Eclectica Asset Management, which has seen more than half of its assets evaporate this year, has left the hedge fund.

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In Depth

Part II: Roubini Talks Risk, Recovery And The Threat Of A Triple Dip Recession

Oct 21 2014 | 12:41pm ET

In the second half of our interview with Nouriel Roubini, FINalternatives editor-in-chief Deirdre Brennan speaks with the renowned economist about IMF policies, the risk posed by shadow banking systems, and the possibility of a hard landing in China.

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Nouriel RoubiniNouriel Roubini


Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…


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