Author Archives: Editor

Forbes – Perhaps no single building in the world is as much a monument to the rise of private equity and hedge funds as 9 West 57th Street in New York. Home to private equity giants (KKR & Co. LP […]

Bloomberg News – U.S. hedge funds Pine River Capital Management, Millennium Management and SAC Capital Advisors are taking advantage of the struggle of European startup funds to grab their pick of the region’s traders. The three firms, which manage a combined $46 billion, […]

Alabama – Walter Energy Inc. and British hedge fund manager Julian Treger have turned up the heat in the ongoing fight over control of the Birmingham company’s board of directors. In a letter being mailed to shareholders Walter Energy Chairman Michael T. […]

Reuters – BlackRock, the world’s largest money manager, hired Andy Stewart, head of one of Credit Suisse’s hedge fund units, to bolster its own alternatives business as it shutters a direct private equity strategy. Stewart will co-head New York-based BlackRock’s […]

FN – The fund stopped making contributions to the foundation during 2012, “mainly because the foundation is large enough,” one of the people said. Hohn set up his firm a decade ago so that it would automatically donate to the […]

CNN – With crisis in Cyprus, gloom in the UK’s Budget and growing fears of a correction in the US Treasury market, you could be forgiven for thinking markets were as turbulent as ever. For some, though, the sun is […]

NYT – Tiny Gibraltar is trying to cash in on Brazil’s rising wealth. Gibraltar, the British self-governed territory south of Spain, is now working to lure hedge funds, private equity and other investors in Brazil and Latin America to expand to its […]

AP – The brother of a jailed one-time billionaire hedge fund boss has been charged with conspiring with his brother to cheat on Wall Street and earn nearly $1.2 million illegally, federal authorities announced Thursday. Rengan Rajaratnam, 42, of Manhattan, […]