News

Is Finvest blowing up? Sources familiar with the multi-strategy hedge fund firm have told FINalternatives that that the firm is indeed going under. However, Gad Grieve, a principal at Finvest Asset Management, says those reports are simply bogus.

“I have absolutely no idea from where this originates, and clearly and categorically I must state that these suggestions are malicious and untrue,” declared Grieve. 

Hedge funds tracked by Greenwich Alternative Investments fell again in July, but continue to perform favorably when compared to equity indices on the year.

The recent market sell-off and volatility has created a number of good buying opportunities for investors both on the long and short side of the book with rmerging markets, in particular, offering the most attractive prospects.

Having family members sued for fraud is not exactly the kind of press vice presidential hopefuls dream of at this time of year. But such is the situation of Sen. Joseph Biden (D-Del.).

There are a handful of voluntary hedge fund best practices regimes kicking around, but how many of them offer the equivalent of the Good Housekeeping seal of approval?

The Blackstone Group has established of a new business group to focus on investments in the cleantech energy sector and provide advice on renewable energy strategies.

Archer Financial Services, a wholly-owned subsidiary of ADM Investor Services, has formed of Balarie Capital Management to help steer investors’ portfolios into managed futures.

Ansbacher Investment Management plans to launch an equity index variance swap strategy in the third quarter to take advantage of persistent overpricing of broad-based equity index volatility.

A trio of major alternative investment firms reported big declines in second-quarter profits yesterday.

One of the most successful partnerships in hedge fund history is coming to an end with the departure of James Pallotta from Tudor Investment Corp.