Author Archives: Editor

The Australian – Bermuda, which has long been the preferred offshore home of the insurance sector, is vying with Switzerland and other low-tax regimes for a chunk of the highly mobile hedge fund industry. Business Bermuda, the inward investment agency, […]

Bloomberg – U.S. higher-education stocks fell 48 percent from April to October last year as the federal government proposed tighter regulation and short sellers led by hedge-fund manager Steve Eisman targeted for-profit colleges. Eisman, whose early bet against the housing […]

Pensions & Investments – Ashbel C. Williams Jr. is possibly the only former hedge fund manager now leading a major pension fund. He was hired as executive director and chief investment officer of the Florida State Board of Administration in 2008 […]

Bloomberg – Hedge funds are unloading bullish bets on gold as a slide in prices sends the metal to its worst start to a year since 1997. Holdings in silver dropped to the lowest since February. Managed-money funds held net-long […]

NY Post – Hedge fund manager Steve Eisman’s FrontPoint Financial Services fund fell 8.3 percent in value in 2010, the New York Post said, citing reports sent to clients. Eisman’s assets under management fell to about $725 million from $1.3 billion […]

Seeking Alpha – Federal bankruptcy Judge Mary F. Walrath indicated on Thursday that she may allow for an examination into allegations that four hedge funds had participated in insider trading regarding Washington Mutual’s chapter eleven proceedings. Suspicions were originally raised […]

Business Insider – Brian Taylor’s Pine River Capital returned 91% in 2009 and in 2010, one of their portfolios, Steve Kuhn’s $1.2 billion portfolio, returned 27% betting on the same strategy. His bet was basically that the market, which was implying […]

Bloomberg – Roc Capital Management LP, a New York-based hedge fund, sold a minority stake to Vanisha Mittal Bhatia, daughter of ArcelorMittal’s Lakshmi Mittal, the world’s fifth-richest man. Bhatia, 30, and her husband, Amit Bhatia, 31, this month purchased the stake of […]

Reuters – Expert network firms, currently the focus of a major U.S. insider trading investigation, have never had to work too hard to find midlevel corporate executives willing to moonlight as paid consultants. With consultants earning anywhere from $200 to […]