News

Singapore’s biggest hedge fund managers will have to register under new proposals to amend its fund-management regulations.

The futures-trading loophole that allowed hedge fund Amaranth Advisors to gorge itself on the natural gas contracts that killed it is no more.

Fresh from winning fee concessions from private equity firm Apollo Global Management, the nation’s largest public pension fund is hungry for more fee breaks.

Citadel Investment Group’s Kenneth Griffin may not think much of the financial regulation reforms making their way through Congress, but he’s a big fan of the government stimulus program.

Canada’s GMP Investment Management has nabbed a pair of Investors Group portfolio managers to helm its C$303 million hedge fund.

A Fortress Investment Group ski resort company has completed the restructuring of its debt, nearly three months after the end of the Winter Olympics the debt dispute threatened to disrupt.

Investable hedge funds reversed their early-year slump in March, posting strong enough returns to pull the average fund back into the black, according to Greenwich Alternative Investments.

The hedge fund lobby is welcoming the Group of 20 finance ministers’ call for “consistent and coordinated oversight of hedge funds.”

Senate Republicans united yesterday to delay the massive financial regulation overhaul, but debate on the bill could begin as soon as this week anyway.

As written, the Senate bill would require hedge funds managing $100 million or more to register with the Securities and Exchange Commission. It also includes the so-called Volcker rule, which would bar bank holding companies from owning, investing in or sponsoring hedge funds or private equity funds. There would also be new rules governing over-the-counter derivatives, securitization and credit rating agencies.

Citadel Investment Group founder Kenneth Griffin remains loyal to Goldman Sachs, and blasted Democrats for using the fraud charges against the Wall Street giant to push their financial reform proposals.