News

Is former Moore Capital Management strategist Tim Bond returning to his hedge fund roots?

Managed futures shop Qbasis Invest has added a hedge fund marketer to its growing London office.

Prologue Capital, a fixed-income focused alternative investment firm with AUM of $1 billion, has hired Manny Mifsud as a portfolio manager.

The Lyford Global Macro Fund gained 7.11%  net in May, a month that saw the average hedge fund in the red, and is now up 5.72% year-to-date through May 31. But while those figures are good news for the eight-year-old fund, it is Lyford's recent growth story that is catching investors' attention.

BlueCrest Capital Management raised £349 million (US$517 million) for its listed hedge fund, the largest such share sale in more than two years.

Hong Kong private equity firm Pacific Alliance Group has named former TPG Capital executive Weijian Shan as its new chairman and CEO.

A former partner of TPG-Axon Capital Management will launch a hedge fund in October, and has snagged his old firm’s former top trader and another partner for his new one.

Limo-driver-turned-hedge-fund-fraudster Alan Fishman was sentenced to more than three years in prison Friday.

They’ve been back in charge for just a month, but the management of hedge fund Marble Bar Asset Management wasted no time in wielding an unyielding ax at the London-based hedge fund.

The remnants of Lehman Brothers and its prime brokerage clients are heading back to court today to try to win those hedge funds a bigger stake of what’s left of the bankrupt investment bank’s pie.