News

The banking giant said yesterday that it will offer advisory services to larger hedge funds, hoping to fill a niche that is ignored by most advisory firms, who cater to smaller managers.

Citadel Investment Group has added a former JPMorgan Chase coal trader to its energy trading team.

Funds of hedge funds grew over the past six months—but it’s not exactly cause for celebration.

Religare Enterprises is moving forward with its plans to build a family of boutique asset management firms following its purchase of a second U.S. private equity firm.

Like their peers in the U.S. and Europe, Australian hedge funds are going to have to open up to regulators under new disclosure rules set to be introduced next year.

Florida's state pension manager has hired three hedge funds and is preparing to hire three more.

NewOak Capital has added a lawyer with hedge fund experience as its new general counsel.

Titan Capital Management is suffering through a second half straight out of 2008—and now faces an investor lawsuit because of it.

The New York-based firm's flagship fund is down by double-digits this year, and a defensively-positioned share class of the Global Return Fund is down more than 70% in just the second half, according to the lawsuit, filed by a Tradex Capital fund that invested $3.5 million in the share class.

Hedge funds lost some ground last month, dragged down by several strategies that took it on the chin in November, according to Dow Jones Indexes and Credit Suisse.

Buoyed by the success of its first residential mortgage-backed securities fund of hedge funds, Gorelick Brothers Capital has launched a sequel.