News

One alternatives investments veteran will replace another at the helm of New Jersey’s public pension funds.

A Lionhart Investments hedge fund manager is returning home to the Phillipines to take over the country’s state-owned pension fund.

Hedge fund administrator Prime Management has added a pair of senior account managers.

After two awful months, SandRidge Capital posted a sizeable gain in August—but remains down double-digits for the year.

Having pulled the plug on his own hedge fund venture, Carl Fantasia is returning to the comforting embrace of a big hedge fund firm.

When Soroban Capital Partners launches its maiden hedge fund in November, much of the money it manages will come from its partners.

Tudor Investment Corp. has fortified its growing equities team with a pair of hires, including that of a top trader at Diamondback Capital Partners.

RAB Capital issued an earnings warning after the close of trading, and said that it would cut staff to reduce its costs.

The trouble London-based hedge fund said that its full-year loss would be larger than expected. RAB blamed a big drop in assets under management—the firm ended August with just $1.05 billion, down from $1.26 billion at the end of June and $1.35 billion at the beginning of the year—due to poor performance and investor redemptions.

EU countries and the European Parliament are also trying to hammer out a compromise on rules that would restrict private equity funds from “asset stripping.”

The head of Britain’s Financial Services Authority had some ominous words for hedge funds that hope to skirt strict new European bonus rules.