Hedge Funds and CTAs

Two Martin Currie Investment Management veterans are set to launch their China-focused hedge fund next month.

With this week's potentially fatal regulatory decision against it, Harbinger Capital Management's wireless Internet venture is scrambling to find a Plan B.

Almost five years after first offering the strategy to investors, Lumina Fund Management has launched its flagship as a hedge fund.

Just days after imperiling Washington Mutual's exit from bankruptcy, a group led by three hedge funds has breathed new life into the plan.

Baupost Group has put partner George Rizk in charge of its private equity and real estate business.

Hedge fund manager Christopher Hansen plans to buy a basketball team and move it to Seattle, where it would play in an arena he hopes to build, city officials said yesterday.

Germany's Universal-Investment has acquired UCITS III platform SEB Master KAG.

Harbinger Capital Partners founder Philip Falcone says his wireless broadband startup LightSquared won’t be filing for bankruptcy, despite bad news from U.S. regulators.

The former head of fixed-income for Asia-Pacific at Morgan Stanley is set to launch a hedge fund with a former Pacific Investment Management Co. adviser, with an eye towards managing US$1 billion.

Ranodeb Roy has set up RV Capital Management in Singapore. The new firm—the "V" stands for co-founder Vickram Mangalgiri—will launch its maiden hedge fund in April or May.

London-based Duet Group bets that its clients are feeling frisky.