(Bloomberg) Macro hedge fund Harmonic Capital Partners LLP bought the pound about six weeks after the U.K.’s June 23 vote to part ways with the European Union. The fund has lost money on this bet, but it’s not about to […]

(eFinancial) Many hedge fund managers have been forced to tighten their belts…Hedge funds are in cost-cutting mode, whether you believe the current crisis hitting alternative investment managers is cyclical or secular…. To read this article:

(Nasdaq) Most hedge-fund casualties of the financial crisis liquidated years ago. But investors in two funds that Dallas-based Highland Capital Management closed in October 2008 are still owed hundreds of millions of dollars as the fund liquidations stretch into their […]

(New York Post) Lynn Tilton’s lawyer, Randy Mastro, knows how to get attention with an opening argument, stating, “She’s a character, she’s larger than life and she’s all woman.” So began the Distressed Diva’s defense against the SEC charges on […]

(FinAlternatives) Adding leverage to an alternative investment fund does not necessarily increase the risk, according to a new joint study by the Alternative Investment Management Association and the CAIA Association. To read this article:

(New York Post) How do you get $669 billion in one room? Ask Jes Staley. The Barclays chief executive was seen wining and dining some of the world’s biggest hedge funds — all in an effort to wrest business from […]

(Valuewalk.com) What impact will technology have on competition in the hedge fund sector over the next 5 years? Hedge Fund Sector – A New Era Of Competition. Hedge fund managers know that competition will be tight over the next 5 […]

(Opalesque) Dispersion in valuations, dispersion in security prices, dispersion in currencies, dispersion in earnings. The point is, ladies and gentleman, that dispersion—for lack of a better word—can be good for hedge strategies. No, we are not talking about “greed” (thank […]

(Reuters) Nick Graziano has obtained early-stage financing from Constellation Seeding, putting his new hedge fund on track to start trading on Nov. 1…. Greenwich, Connecticut-based Venetus Partners LP plans to invest in mid-sized North American companies… To read this article:

(Bloomberg) Hedge funds holding Puerto Rico revenue bonds are asking a court to postpone a lawsuit filed by general-obligation bondholders seeking to stop the commonwealth from directing sales-tax revenue away from the general fund. GoldenTree Asset Management LP, Merced Capital […]

(FinAlternatives) Long/short equity hedge funds continued to benefit from directionality in the week through October 18, although rising yields and energy prices trimmed gains among CTAs and macro funds to leave Lyxor Asset Management’s Hedge Fund Index flat for the […]

(FinAlternatives) Global alternative credit investment manager Oak Hill Advisors has reportedly raised $2.7 billion for its second distressed debt fund. To read this article: