News

Mountain Capital Management and its founder were sued last month by the receiver for Westgate Capital Management, whose founder, James Nicholson, pleaded guilty to running a $133 million fraud last year.

A Russian human rights activist is demanding that the police involved in the death of hedge fund lawyer Sergei Magnitsky be prosecutors for allegedly torturing him.

Marshall Wace Asset Management is moving its hedge funds from an offshore island to an onshore one.

Activist hedge fund Harbinger Capital Partners has certainly been active in one regard: selling off its stake in the New York Times Co.

A former private equity executive had pleaded guilty to insider-trading on information he received from his brother-in-law, a former hedge fund executive.

A British public pension fund is set to fulfill its 5% allocation to hedge funds, but new managers need not apply.

JPMorgan Chase has replaced Sanjiv Sawhney, last month named head of global fund services at Citigroup, as head of its Luxembourg custodial office.

An American is Britain’s wealthiest hedge fund manager—one of 50 hedge fund managers to earn a coveted spot on The Sunday Times of London’s august Rich List.

Paulson & Co. founder John Paulson continued his efforts to reassure clients about his firm’s role in a derivatives transaction that has landed Goldman Sachs in hot water, even as he jetted off to London for an investor conference.

The good news is that commodity hedge fund shop Ebullio Capital Management managed a 14.08% return last month.