News

One New York-based hedge fund shop is making its bets on the Southeast Asian markets, and is hoping like-minded investors will follow suit. Liger Capital Management is preparing to launch the Philippines Fund in January.

The new fund will invest 70% of its assets in the Philippines and the remaining amount in other Southeast Asian markets such as Thailand and Vietnam, according to the firm.

Penta Investment Advisers, a $4.8 billion Asia-focused hedge fund shop, like many of its peers, is enjoying a banner year.

Jon Stein, the former chief investment officer of Chicago-based AlphaMetrix Investment Advisors, has joined Parker Global Strategies as managing director of strategic initiatives.

London-based Explorer Capital this month launched a dedicated Russian long/short equity fund.

Another pair of SAC Capital Advisors vets are calling it quits, but this time, fundraising isn’t a problem.

Citigroup’s alternative investments division is looking more and more like Morgan Stanley's every day.

London-based hedge fund Sisu Capital is almost a sure thing to buy British soccer team Coventry City Football Club, according to the Sky Blues’ chairman.

A pair of high-profile activist hedge funds have taken aim at Europe’s largest consumer-electronics maker, aiming to improve “operating performance and capital structure.”

If you’re planning to involve a hedge fund manager in a kickback scheme, it’s probably best to make sure he’s actually a hedge fund manager.

A rough November is putting a crimp in hedge fund giant RAB Capital’s bottom line.