Two activist investors are set to battle for ModusLink board seats. Warren Lichtenstein of Steel Partners Holdings announced a proxy fight for three...
A handful of hedge funds are winning the game this year by employing the high-risk tactic of swinging for the fences. As reported by the Wall Street Journal,...
After 13 years with Baupost as co-portfolio manager, Herb Wagner is leaving to manage his own investments with plans to open his portfolio to outside...
Gray & Company (Gray), an independent investment advisory firm, and Tiburon Capital Management (Tiburon), an alternative asset manager, have announced...
Charlie Chan, who left Credit Suisse to start Splendid Asia Macro hedge fund in 2011, has reportedly performed splendidly in his first full year. In an...
The recent retirement of trading dynamo, Greg Coffey, age 41, from Moore Capital, signals the continuing fall from grace of the long-established macro...
Heightened interest in residential and commercial mortgage debt has spurred portfolio manager, Kevin Scherer, formerly of Citadel LLC, to launch a new...
Leading hedge fund, BlueCrest Capital went back to the drawing board to completely revamp its black box trading programs in response to poor results over...
A few hedge funds that have bet heavily on emerging markets are reaping double-digit gains in a year of sub-par returns for the hedge fund industry. As...
After losing ground during the second quarter of 2012, the UCITS HFS Index reported gains for the third consecutive month in September. This positive...
Hennessee Group LLC, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index increased +1.26% in September (+5.03% YTD),...
Fortress Investment Group LLC (NYSE: FIG) today announced that it has paid in full the remaining balance of the company’s only outstanding debt obligation—a...
On October 2nd, Sandell Asset Management issued a press release and a second white paper criticizing TPC Group Inc’s (TPCG) proposed $40/share going-private...
The summer of 2012 marked 5 years since the slow onset of an economic crisis that first became known as the Credit Crunch and then the half decade that...
A great deal has been written about the "fiscal cliff" that US taxpayers, investors and companies are faced with at the end of this year. Put simply,...
The Top 300 US Equity Hedge Funds have seen their assets increase by more than $76 billion, or 12%, since the beginning of 2012. Overall, the top U.S....
Jonathan Herbert, a portfolio manager with Zadig Asset Management, has taken his long/short equity hedge fund and started Cologny Advisors, a new London-based...
Former Nomura Group trader, Borut Milavcic is readying the launch of his new global macro LindenGrove Capital hedge fund for the end of the year. According...
The recent growth in Hong Kong-based hedge funds countered trends of declining assets throughout the rest of the Asian fund industry. As reported by Reuters,...
The list of the Top 100 Mid-Sized Equity Hedge Funds has been released, revealing that the top hedge funds oversee a combined $60.5 billion in US equities....
Struggling retailer Office Depot has become the new target of activist hedge fund, Starboard Value. According to Deal Book, Starboard Value has acquired...
Jonathan Relph, a highly-rated analyst in construction and building materials, has joined Pensato Capital in what amounts to a reunion of Fidelity Investments...
The big news of last week was the Federal Reserve's announcement of QE3, i.e., that it would buy $40 billion worth of bonds each month until the economy...