News

Doug Whitman surrendered to the Federal Bureau of Investigation in New York this morning, the 64th person charged in a series of government insider-trading probes.

Mid-sized fund of hedge funds managers—those with $1 billion to $5 billion under management—saw their AUM rise 10%, on average, in 2011, according to the latest numbers from Preqin research.

U.S.-based HedgeOp Compliance, a provider of compliance software and consulting services, is merging with the IMS Group, a leading European governance, risk and compliance services group.

London-based alternative investment firm Alvine Capital has appointed Alexander Münster Dahl as client relations manager.

Andrew Bishop, a former Goldman Sachs managing is joining the $7.4 billion London-based infrastructure fund manager Alinda Capital Partners.

One of the longest streaks of positive performance on Wall Street came to an end last year, with Astenbeck Capital Management's first-ever annual loss.

Astenbeck, which is run alongside the much older and more venerable Phibro commodities trading desk by Andrew Hall, lost 3.8% last year. Hall had posted positive gains every year since 1997.

Two former Bear Stearns hedge fund managers acquitted in 2009 of charges they misled investors have settled with the Securities and Exchange Commission over similar allegations.

York Capital Management bounced back from a difficult 2011 in January, with most of its hedge funds enjoying above-average returns to start the new year.

Suffering their second-worst year ever didn't hit hedge funds where it hurts in January, according to a new report.

The hedge fund industry is crying foul—again—over proposed European Union regulations that would impact funds' relationships with entities outside of the bloc.