Author Archives: Editor

Forbes – This is a somewhat long and convoluted tale, whose every twist and turn will likely  turn you’re your stomach in disgust.  With that warning, let’s go back to 2009, when George Sepero, Glen Rock, NJ, Carmelo Provenzano, Garfield, […]

“The war of words between fertilizer maker Agrium Inc (AGU, AGU.TO) and its biggest shareholder, Jana Partners, escalated on Monday with Agrium slamming the hedge fund’s plan to split the company in a letter to investors ahead of its annual […]

Here is the City – A new lawsuit filed by a Manhattan hedge-funder claims that his ex-beauty-queen girlfriend took him for a $96,000 ride during and after their brief relationship. The New York Post reports that Rishi Bajaj, 33, says […]

Pensions & Investments – A federal tax law aimed at preventing Americans from hiding their assets overseas will soon be a major compliance challenge — some say headache — for private equity and hedge fund managers. While institutional investors are […]

Forbes – The world’s billionaires club now includes 40 men who have earned a significant part of their wealth from managing hedge funds. These hedge fund billionaires have profited by making big trades in financial markets and charging their investors […]

The Economist – There is an almost quaint—if you can stand it—old-world aura about smoking in Japan, like watching a 1950s film noir. Smoke billows out of bars. The government holds down cigarette prices. In some cities, you can puff […]

CityWire – Lombard Odier Investment Managers has hired hedge fund specialist Tim Yetman to develop a global macro unit in London, the asset management firm has announced. Yetman joins from hedge fund company OLEA Capital Partners, where he was both […]

Reuters – BlueMountain Capital, a hedge fund involved in JPMorgan Chase & Co.’s $6.2 billion trading loss last year, tried to recruit several employees in the bank’s chief investment office in the months before the losses, according to two people […]

FINalternatives – Florida’s governor is taking advantage of the publicity surrounding an anecdote-heavy New York Post article about hedge funds moving to Florida to pitch such a move to a Rhode Island hedge fund. Gov. Rick Scott wrote to Providence Investment Management […]

DealBook – Come Friday, one of Citigroup’s internal hedge fund units will begin a new life, free from its corporate parent and the restrictions that have come with new banking regulations. What once was part of Citi Capital Advisors will now be […]