Dec 4 2013 | 2:19pm ET
A pair of former ICBC Credit Suisse Asset Management traders are ready to launch their own hedge fund, with an eye towards raising US$100 million.
Kang Hao and Jimmy Weng have set up Genesis Capital Investment in Hong Kong and will launch their maiden fund by the end of the month. The new firm is betting that China's plans to reform its economy will create opportunities—and an appetite for China-focused hedge funds among investors.
Dec 5 2013 | 5:36am ET
Citco Fund services is the most popular hedge fund administrator among NEPC's clients, with 18% of them utilizing the firm's services, according to a newly released NEPC survey, Hedge Fund Operational Due Diligence.
Dec 4 2013 | 2:17pm ET
In spite of a series of very public setbacks, Pershing Square Capital Management is poised to finish 2013 with very respectable returns, indeed.
Dec 4 2013 | 2:16pm ET
Hedge funds enjoyed modest gains in November, according to an industry replication index.
Dec 4 2013 | 1:55pm ET
Kenneth Brody, who co-founded hedge fund Taconic Capital Advisors 15 years ago, will step away from the firm at the end of the year.
Dec 4 2013 | 1:54pm ET
Richard Bateson, a former top executive at Man Group's flagship AHL strategy, has left the ailing firm to set up a hedge fund of his own.
Dec 4 2013 | 1:52pm ET
A lawyer for SAC Capital Advisors portfolio manager Michael Steinberg launched his assault on the government's star witness in the insider-trading case, suggesting that Jon Horvath is a liar simply trying to save his own skin.More News
Nov 26 2013 | 12:50pm ET
Alternative investment firm Apollo Aviation Group has a rather unusual market niche: it specializes in leasing and trading commercial aircraft and engines as well as acquiring and dismantling aircraft and engines for parts.
Since its founding in 2002, Apollo, which has $1.36 billion in assets under management, has set up and managed 10 funds. To find out more about Apollo, FINalternatives Senior Reporter Mary Campbell spoke with Managing Director David Treitel.
Nov 12 2013 | 11:20am ET
Many hedge funds remain in the early to middle stages in developing compliance programs, and some are finding the task difficult. Yet where some see added burdens, others will see an opportunity. According to Advent's Anthony Sperling, in the contest for investors and capital, funds can gain an edge by building a strong culture of compliance.
Dec 2 2013 | 7:03am ET
Highland Capital Management founder James Dondero's wife apparently won't let a jury verdict get between her and as much of his money as possible.
Rebecca Dondero plans to sue her husband again to seek more than the $5 million set in the couple's prenuptial agreement. The move follows a jury's ruling that both Donderos violated the prenup—and thus that it should remain in place.