Apr 22 2014 | 2:03pm ET
For its latest activist effort, Pershing Square Capital Management has already enlisted a buyer.
The New York-based hedge fund and Valeant Pharmaceuticals have joined forces in a hostile bid for Allergan Inc., the pharmaceutical company that makes Botox.
Apr 22 2014 | 2:00pm ET
Hedge funds took in more new money during the third quarter than in any such period in three years, pushing the industry’s total assets to a new record.
Apr 22 2014 | 12:36pm ET
Charlotte, N.C.-based Babson Capital, with over $198 billion in assets under management, has made 12 new hires for its emerging markets debt team.
Apr 22 2014 | 12:22pm ET
California-based Palo Alto Investors has raised $133 million for a new offshore hedge fund.
Apr 22 2014 | 12:21pm ET
A Carlyle Group fixed-income hedge fund has posted double-digit losses this year.
Apr 22 2014 | 12:20pm ET
Kohlberg Kravis Roberts’ plan to merge with its publicly-listed specialty finance company should be rejected, a union pension advisory has recommended.
Apr 22 2014 | 12:19pm ET
An Indiana hedge fund manager stands accused of attempting to break into the home of a client suing him.More News
Apr 10 2014 | 9:48am ET
Christopher Tsai, whose $28 million long/short hedge fund is up 29% since inception in 2011, spoke to FINalternatives senior reporter Mary Campbell recently about his fund, his outlook on emerging markets and the influence his family has had on his investment approach.
Apr 21 2014 | 1:24pm ET
Are independent fund directors really necessary? While some may say that they simply rubber stamp everything that comes across their desks and are therefore an unnecessary expense, Alric Lindsay disagrees. Lindsay, who has served as an independent director on the boards of offshore investment funds for many years, argues that without the checks and balances brought to the table by independent directors, the risks of fraud and of being lured into a Ponzi scheme are staggering.
Apr 21 2014 | 10:41am ET
The daughter of former President Bill Clinton and her hedge-fund manager husband are expecting their first child.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…