Hedge Funds and CTAs

An abortive deal to sell itself to Capital One Financial may have turned Citadel Investment Group from E*Trade Financial's most steadfast supporter into an enemy the troubled online brokerage cannot afford to have.

Another hedge fund has taken aim at a Chinese company, again to great effect.

Activist hedge fund Jana Partners has teamed up with a major Canadian pension plan to push for the breakup of publisher McGraw-Hill Cos.

Real-estate hedge fund LandAndBuildings has added a portfolio manager from Goldman Sachs Asset Management and an analyst from Elliott Associates.

Hedge fund secondary market technology company Gamma Finance has hired a UBS risk manager to lead its advisory services.

Former Citadel Investment Group investment banking co-chief Craig Stine has returned to the banking world two months after quitting the hedge fund giant.

Third Point alumnus Brigette Roberts’ YYC Capital Management has launched a healthcare long/short equity fund with an anchor investment from Freestone Capital Management.

A Chicago-based real-estate lender says it has come up with a no-lose hedge fund strategy.

The Man Group manages some US$34.1 billion, according to the Hedge Fund Journal's sixth-annual ranking of the top 50 European hedge funds, thanks to its acquisition of GLG Partners last year.

Martin Currie has cut ties with top Asia hedge fund manager Chris Ruffle after determining that Ruffle had a conflict of interest.