News

The Greenwich Global Hedge Fund Index returned 2.21% in February, rebounding from January’s decline of -2.79%, which was the worst return since 2002.

Morgan Stanley has lured David Barrett back into the fold as a managing director of its prime brokerage group, focusing on the firm’s largest hedge fund clients.

Sometimes, a bailout isn’t enough. Colorado-based Blue River Asset Management will liquidate its $1 billion municipal bond hedge fund, in spite of the $110 million lifeline arranged by JPMorgan Chase last month.

Citigroup has been forced to bail out six more hedge funds, to the tune of $1 billion. The Wall Street giant has poured $1 billion into its ASAT Finance and MAT Finance funds.

A pair of engineers from Lockheed Martin and General Motors are parlaying their technical know-how into a quantitative hedge fund that they hope will translate into big returns.

Andrew Borden and Stephen Longo, who are based in New York and Santa Monica, Calif., have launched Solytix Capital with three risk levels: conservative, moderate and aggressive.

By Damien Park -- For the past year, people have speculated activist-style investing would go the way of the Internet boom and bust witnessed earlier this decade. 

Citadel Investment Group has lured a Moore Capital Management portfolio manager to run a new hedge fund strategy and its soon-to-be-launched multi-strategy global macro unit.

Cohen & Steers is looking to add hedged real estate securities portfolios, including a long/short global real estate securities strategy, to its lineup.

London activist hedge fund Laxey Partners finds itself in Alpine legal jeopardy for allegedly misusing derivatives to build a stake in Switzerland's biggest building services company.

The $28 billion Arizona State Retirement System Phoenix is looking to ramp up its $1.4 billion private equity portfolio this year to more than $2 billion.