News

Australian hedge funds soared 20.81% last year, one of their best ever. Dutch hedge funds didn’t do quite as well, rising 11% on the year.

Bruce Lipnick, chief executive officer of Asset Alliance, a global alternative investment firm specializing in acquiring, seeding and growing hedge funds, talks to FINalternatives about the state of the hedge fund industry today and tells us how managers need to adapt in order to succeed tomorrow.

Federal prosecutors added two new securities fraud charges against Rajaratnam, who is accused of masterminding the largest insider-trading scam in U.S. history.

A federal judge has ordered Galleon Group founder Raj Rajaratnam and his co-defendant, former New Castle Partners executive Danielle Chiesi, to turn over thousands of wiretaps to the Securities and Exchange Commission.

An investor in a collapsed Bear Stearns hedge fund has won its arbitration case, despite the fact that the fund’s managers were acquitted of fraud charges in November.

China’s massive sovereign wealth fund plans to began managing more of its own money this year, just months after announcing a plan to pour billions into hedge funds.

Newly-minter “Terminator” owner Pacificor wants to get out of the movie business before it ever really gets started.

Hedge funds retreated slightly in January following their banner 2009, according to Eurekahedge.

Ayal Rosenthal, convicted of insider-trading, is challenging New York University's revocation of his MBA degree.

Edward Stein was sentenced to nine years in prison for defrauding investors of $46 million in a Ponzi scheme.