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Ex-Harbinger Exec. Admits Wrongdoing On Falcone Loan

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.

 

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Elliott Warns Of Devastating Solar Pulse

Jul 30 2014 | 9:07am ET

It turns out that there is something that keeps Elliott Management founder Paul Singer up at nights, and it isn’t central bankers or the Obama administration: It’s a solar electromagnetic pulse that could plunge humanity back into the dark ages.

Ramius, State Street In Managed Futures Mutual Fund Deal

Jul 30 2014 | 8:17am ET

Ramius Capital has asked investors to let it turn over management of an alternative mutual fund to State Street Global Advisors.

Hedge Fund Wins Majority On Miner’s Board

Jul 30 2014 | 8:16am ET

Hedge fund Casablanca Capital is poised to take control of mining company Cliffs Natural Resources, it said yesterday.

Judge Denies SEC’s $1.4 Billion Claim Against Wylys

Jul 30 2014 | 8:15am ET

The Securities and Exchange Commission has suffered another setback in its court battle with Maverick Capital and Ranger Capital founder Sam Wyly, just months after a jury handed it a major victory.

Icahn Takes Profits After Family Dollar Deal

Jul 30 2014 | 8:14am ET

If, as he hopes, another bidder drives up the price for discount retailer Family Dollar Stores, Carl Icahn won’t be reaping the full benefit.

Herbalife Skeptic Fired

Jul 30 2014 | 7:48am ET

William Ackman’s presentation on nutritional supplements company Herbalife didn’t impress many people, but one of its fans is now out of a job.

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In Depth

Israeli Hedge Fund Harnesses Big Data

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.

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Steve MasonSteve Mason
 
 
David Yarrow (left)David Yarrow (left)
 
 

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    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

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