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Peltz Doesn’t Want To Split Up Legg Mason

Activist hedge fund manager Nelson Peltz does not want to dismember Legg Mason, its CEO said.


Bahrain Bids For Hedge Fund Boom

While Europe seems intent on showing hedge funds the door, tiny Bahrain is putting out the welcome mat.


New York Hedge Fund Fires CFO Accused Of Theft

The CFO of New York hedge fund Boston Provident Partners has been arrested and charged with stealing more than $1.3 million from the firm.


Europe Could Impose Pay Restrictions On Hedge Funds

Just when it looked like hedge funds would dodge the worst of the European Union’s proposed alternative investments rules, Brussels has whipped up another bitter pill.


Ex-Optimal Chief Charged In Swiss Madoff Case

Swiss authorities have charged the former head of Banco Santander’s fund of hedge funds arm with criminal mismanagement for his role in investing client funds with Bernard Madoff.


SEC Probes Ex-Balyasny Analyst For Insider-Trading

Another top hedge fund has been ensnared in the Securities and Exchange Commission’s insider-trading crackdown.

The regulator is investigating an analyst who worked at Balyasny Asset Management until several weeks ago. The Chicago-based hedge fund is not the target of the probe and is cooperating with investigators.


Nomos Sexual Harassment Case Takes Deadly Turn

Sexual harassment may be the least of Jordan Wimmer’s problems. The former Nomos Capital investor relations professional said she thinks her former boss is trying to kill her.


Kiener Hedge Fund Enters Liquidation

A hedge fund managed by accused fraudster Helmut Kiener has gone into voluntary liquidation.


Calif. Hedge Fund Fraudster Pleads Guilty

A Northern California man has pleaded guilty to charges that he lied to investors about his hedge fund’s returns.

Alexander Trabulse pleaded guilty to mail fraud as part of a deal with prosecutors.


Admitted Ponzi Schemer Sued By Victims

Convicted hedge fund fraudster Mark Bloom will find out how long he’ll spend in jail next month, but some of the victims of his $20 million Ponzi scheme are fighting to ensure that Dec. 4 is not his last day in court.