Hedge Funds and CTAs

London-based Finisterre Capital has hired Guillaume Ménabé as a junior portfolio manager for the company’s Global Opportunity Fund, where he will run a portion of the forex and commodities portfolio.

The breakup of Goldman Sachs’ proprietary trading operations is proving a boon to the hedge fund industry.

With two groups of Goldman Sachs Principal Strategies alumni having recently launched hedge fund and another fundraising, a fourth new hedge fund is rising from the prop. desk’s ashes. Ariel Roskis and Daniele Benatoff have secured $300 million in seed funding for their new fund from Brummer & Partners, set to debut in the second quarter.

There are comebacks, there are amazing comebacks and there are borderline miracles. BlueGold Capital Management’s December approaches the latter.

Things could not have started out worse for Ping Capital Management. But, despite the inauspicious start, things could hardly have gone much better.

Hedge fund managers are not necessarily known for their modesty. But three Long Island money managers may be setting a new standard for hubris.

William Daley, President Obama’s pick to become his chief of staff, has deep ties to Wall Street and the political world. He’s also a veteran of the alternative investments world.

Private equity firm Blue Harbour Group has hired two managing directors, including a hedge funder.

Federal regulators have charged a Greensboro, N.C.-based investment adviser firm and its owner with defrauding investors in two hedge funds by secretly diverting millions of dollars to enrich themselves.

Hedge funds ended 2010 with a 1.7% gain as stocks surged into 2011.

The average hedge fund added 7% last year, according to the Bloomberg Aggregate Hedge Fund Index. That put the index at its highest level in more than two years—since August 2008, to be precise, just before hedge funds began their serious financial crisis swoon.

December was good to a lot of investors—but it was really good to John Paulson.