News

Robeco Group and VCM Fund Management are getting into the hedge fund seeding business. 

A trio of Long-Term Capital Management alumni, including a co-founder of the notorious hedge fund, has reunited to found a new quantitative hedge fund.

Mark Pearl, a managing partner of Henderson Capital Management, has joined PerTrac Financial Solutions’ advisory board.

Eric Fox, who most recently managed a mid-cap equity fund for the Alabama pension fund, has made the move to what Byron Wien once called as the “dark side.” In March, Fox launched the Alesia Fund, a value-oriented equity long/short hedge fund.

Fulcrum Limited, a hedge fund and alternatives global administrator for the asset management industry, has appointed Chris Mulhern as managing director for Canada.

New leadership, new acquisition target, same old response from hedge funds: Such is the unfortunate position of Deutsche Börse, which earned the ire and enmity of some of its largest shareholders, including the largest, U.S. hedge fund Atticus Capital, with a US$2.8 billion bid for the International Securities Exchange.

Just because you’re in the process of shutting down after losing $6.5 billion doesn’t mean the Feds will cut you a break when it comes to naked short-selling.

Albert HsuAnchor Point Capital founder Albert Hsu is a free man, sort of, after a Connecticut judge slashed his bond by more than half and ordered him into therapy.

Citadel Investment Group veteran Michael Derick’s hedge fund, Steeplechase Capital Partners, has won the backing of SkyBridge Capital, which seeds new hedge funds.

Parag Patel, a former telecommunications analyst with hedge fund SAC Capital, last October launched the Indian Performance Fund, an equity long/short vehicle with a long-bias, with US$4 million.