All News

Hedge funds edged up in January, according to a preliminary report from Credit Suisse Tremont Index.

The Credit Suisse/Tremont Hedge Fund Index rose an estimated 0.17% in January, with 74% of the hedge fund assets included in the index reporting. The benchmark rose 18.57% last year.

Jim Rogers will advise frontier market private equity firm Leopard Capital on investing in Sri Lanka.

The battle over the European Union’s proposed alternative investments regulation has once again shifted to the legislation’s affect on foreign hedge fund and private equity firms.

The Bank of England and Financial Services Authority have launched a new offensive against the European Union’s proposed hedge fund and private equity rules.

Danish pension fund ATP is making a big move into alternative investments as its seeks to build a portfolio for “all weather.”

Brevan Howard Asset Management’s new Switzerland office could house as many as 100 staffers seeking to escape higher taxes in the U.K.

Fund of hedge funds firm International Asset Management Limited has opened a branch office in Spain and is making a push to expand its client base in Southern Europe.

Kristin Davis, a former hedge fund executive whose escort service claimed former New York Gov. Eliot Spitzer as a client, plans to run for Spitzer's old job.

Many distressed debt hedge funds launched to take advantage of the credit recovery are closing much earlier than expected.

Hedge fund manager Ross Haberman doesn’t need a $380-a-month apartment. But he’s certainly going to fight for it, anyway.

Cantor Fitzgerald has announced the creation of a new alternative investment and advisory business—Cantor Investment Advisors—which will be led by Stephen Ardizzoni.

In January, most market indices took a beating, and hedge funds were no exception.

Alternative asset management firm Prologue Capital has named Noah Estrin as a senior portfolio manager focused on trading U.S. Agency mortgages.

TCW Group has moved to quell investor discontent after it called its fired chief investment officer a drug user and pornography addict by cutting fees.

Sprott estimates that gold, currently sitting at about $1,067 per ounce, will soar 40% to $1,500 by the end of this year.

A federal bankruptcy judge in Philadelphia denied a bid by the owners of the bankrupt Philadelphia Inquirer and Philadelphia Daily News to learn how much “the Steering Group of Prepetition Secured Lenders” paid for their roughly $179 million in debt.

The fund started 2009 with just $10 million in assets—down from $150 million prior July 2008, when co-founder Lee Moncrief lost his battle with cancer.

Halcyon Holding Group, which bought the “Terminator” rights two years ago with a $30 million loan from Pacificor, is set to auction off the asset today. The hedge fund plans to submit a creditors bid, based on its claim that Halcyon owes it $32 million; Halcyon counters that it owes only $4 million.

The rights have already attracted an offer from Lions Gate Entertainment, which bid $15 million and 5% of future revenues last month.

Commodities hedge fund Touradji Capital Management poured more than $50 million into steel companies in the fourth quarter, according to a regulatory filing.

Woori Investment & Securities of South Korea is shuttering one of its hedge funds and launching a fund of hedge funds with Singapore’s sovereign wealth fund.