Hedge Funds and CTAs

John Paulson recently apologized to his investors about his funds' awful performance this year. But at least one client has nothing to complain about.

Legendary hedge fund manager Leon Cooperman has joined the UCITS III bandwagon.

Mendon Capital founder Anton Schutz is joining forces with investment banker Mark Cohen and former People’s United Financial CEO Philip Sherringham to launch a hedge fund focused on banking industry M&A.

Marc Mezvinsky, who married the daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton last year, will join forces with Bennett Grau and Mark Mallon. The three formerly worked together at Goldman Sachs' global macro proprietary trading desk, and are now raising money for their New York-based global macro hedge fund, Eaglevale Partners.

Masaru Koibuchi, formerly at Goldman Sachs, and Kazuho Suzuki, late of Mizuho Corporate Bank, have founded Edgebell Capital Co. in Tokyo.

He's got just over a month to make it up to his investors, but John Paulson isn't waiting for the new year to offer his apologies for the disaster that was and is 2011.

Most hedge funds managed to gain some ground last month as the stock markets rallied. Not so currency hedge funds.

Former Treasury Secretary Henry Paulson may have given a group of hedge fund managers the insider-trading opportunity of a lifetime three-and-a-half years ago.

Hedge fund seeder IMQubator has made Volvar Asset Management its ninth seedling, investing €25 million in the volatility fund.

Did they or didn't they? Just days after three hedge fund managers claimed the largest lottery jackpot in Connecticut history, rumors abound that they are merely serving as a front for an even richer winner.