News

Culross Global Management has established a base in Zug.

Microsoft co-founder Paul Allen has hired a FrontPoint Partners co-founder to run his own private investment office.

The U.K. universities pension fund has increased—and plans to continue to increase—its investments -with algorithmic-trading hedge funds.

Sam Adams of Woodhull Capital Advisors says investors have told him what they want and the  Woodhull Credit Opportunities Fund is an attempt to give it to them.

The hedge fund, which is slated to launch Jan. 1, will make secured loans to small and medium-sized businesses.

E Fund Management, the mutual fund firm that launched China’s first officially-registered hedge fund, is planning a pair of emerging markets funds for launch next year, including a hedge fund.

Harbinger Capital Management has moved to assuage client fears following news that three major investors were pulling their money from the $9 billion firm.

British prosecutors will not have to fight to use wiretaps to catch insider-traders under new rules promulgated by the U.K. financial regulator.

Minneapolis investment bank Dougherty & Co. has launched its first hedge fund.

The Man Group’s flagship AHL program has engineered a major turnaround this year. And, as befits a quantitative trading system, it did so with new computer programs.

Austria’s Erste Group Bank is jumping on the UCITS III bandwagon with a new fund of hedge funds set for launch next year.