Citigroup is not quite ready to give up on its battered and bruised alternative investments unit.

Just days after winning its independence from Stark Investments, Orchard Capital has made its first high-profile hire.

Legendary hedge fund manager Julian Robertson has won his battle with New York City over a $27 million tax bill from nine years ago.

A former hedge fund CEO in Japan is offering his expertise to would-be hedge fund managers in the region.

GLG Partners said its revenue and fee earnings fell by more than half in the third quarter even as assets under management began to climb.

Its profit may be down, but things are looking up for the Man Group.

Hedge funds had been on a roll. But that sweet run ended last week when hedge funds fell by 1.43%, erasing any gains for the month of October.

According to analysts at Merrill Lynch, those losses were led by equity long/short hedge funds (-3.0%), macro hedge funds (-1.7%), and commodity trading advisers (-1.3%).

African-focused hedge fund firm Scipion Capital has launched a mining fund which aims to capitalize on the recovery of the junior mining and natural resources sector in Africa.

Patrick Degorce, a co-founder and former top strategist at activist hedge fund The Children’s Investment Fund is managing money once again with the launch of his own hedge fund.

Tudor Investment Corp.’s former commodities research chief will launch his own hedge fund in January.