News

Most hedge funds took a dive in May, but not all.

Service on the Securities and Exchange Commission is becoming a lucrative business, with another hedge fund adding a pair of former commissioners to its board of directors.

Titan Capital Group picked one of the worst months for hedge funds to make its move, soaring by double-digits—and erasing a double-digit loss—last month.

The managed futures shop, which manages about US$1.24 billion, has shut six offices around the world and laid off staff to cut costs.

A good year for Och-Ziff Capital Management’s hedge fund meant a great year for the firm’s London-based employees.

Goldman Sachs is adding to its powerful legal team, hiring law firm Boies Schiller & Flexner to defend it against a lawsuit filed by a collapsed Australian hedge fund.

A pay-to-play scandal involving alternative investment firms continues to haunt a New York public pension fund, and the private equity firms that hope to do business with it.

The year 2010 has been a roller coaster for hedge fund BlueGold Capital Management, one that the London-based energy hedge fund would no doubt like to get off.

BlueGold took a big dive in May, losing 12.5%. That, combined with further losses in the first week in June, has the fund down 10.7% on the year.

Verno Investment Management has recently opened its doors in Russia.

ISIS Fund Services has opened a business development office in Charlotte, North Carolina with the addition of Kristin Steele.