China’s sovereign wealth fund has hired a Tudor Investment Corp. veteran to manage its hedge fund investments.

British authorities have launched a probe into hedge fund Dynamic Decisions Capital Management, whose funds are being liquidated in the Cayman Islands.

John Horseman, one of the most well-regarded hedge fund managers in London, is throwing in the towel amidst big losses this year.

Another top London hedge fund is dipping its toes into the cool, low-tax Alpine waters of Switzerland.

One of the strongest years in hedge fund history may be drawing to a quiet close. The average hedge fund was essentially flat in October, according to the Credit Suisse Index Co.

Lawrence Cohen“How do men act on a sinking ship? Do they hold each other? Do they pass around whiskey? Do they cry?” -- The Perfect Storm by Sebastian Junger (1997)

By Lawrence Cohen, Esq., Director, Gibbons P.C. -- Last month, the SEC brought criminal charges against the founder of Galleon Management L.P., Raj Rajaratnam, and five other individuals for alleged insider trading violations.  The Galleon fund capsized within days.

Two computer programmers who once worked for Bernard Madoff’s firm have been arrested and charged with giving Madoff the technical capacity to run his Ponzi scheme.

The former head of Tisbury Capital Management’s Boston office has founded a long/short equity hedge fund shop.

Activist hedge fund manager Nelson Peltz does not want to dismember Legg Mason, its CEO said.

While Europe seems intent on showing hedge funds the door, tiny Bahrain is putting out the welcome mat.

The CFO of New York hedge fund Boston Provident Partners has been arrested and charged with stealing more than $1.3 million from the firm.

Just when it looked like hedge funds would dodge the worst of the European Union’s proposed alternative investments rules, Brussels has whipped up another bitter pill.

Swiss authorities have charged the former head of Banco Santander’s fund of hedge funds arm with criminal mismanagement for his role in investing client funds with Bernard Madoff.

Another top hedge fund has been ensnared in the Securities and Exchange Commission’s insider-trading crackdown.

The regulator is investigating an analyst who worked at Balyasny Asset Management until several weeks ago. The Chicago-based hedge fund is not the target of the probe and is cooperating with investigators.

Sexual harassment may be the least of Jordan Wimmer’s problems. The former Nomos Capital investor relations professional said she thinks her former boss is trying to kill her.

A hedge fund managed by accused fraudster Helmut Kiener has gone into voluntary liquidation.

A Northern California man has pleaded guilty to charges that he lied to investors about his hedge fund’s returns.

Alexander Trabulse pleaded guilty to mail fraud as part of a deal with prosecutors.

Convicted hedge fund fraudster Mark Bloom will find out how long he’ll spend in jail next month, but some of the victims of his $20 million Ponzi scheme are fighting to ensure that Dec. 4 is not his last day in court.

The Cayman Islands has never had any trouble attracting hedge funds to its friendly climes.

A controversial financial regulation reform bill unveiled by Sen. Christopher Dodd this week would exempt some private equity and venture capital firms from registering with the Securities and Exchange commission.