(Preqin) Institutional investors are a vital source of capital for the alternative assets industry and, as the industry matures, private equity and hedge funds have come to play an increasingly important role in investors’ portfolios. Preqin’s Private Equity Online and […]

(eFinancial Careers) Never let it be said that financial services careers in the City are the preserve of the British elite – but a London hedge fund has just hired an Earl. William De La Warr, also known as Lord […]

(Bloomberg) Deutsche Bank AG said hedge funds are parking more money at its prime brokerage, even amid difficult markets, as the German lender has reassured investors of its worthiness as a counterparty. Prime finance was “supported by higher client financing […]

(Bloomberg) Fortress Investment Group LLC is exiting its Convex Asia strategy, the latest to divest control of a business amid the hedge-fund industry’s biggest shakeout since the 2009 financial crisis. City Financial Investment Company Ltd., based in London, has agreed […]

(Bloomberg) Barry Wittlin, a former top proprietary trader at Merrill Lynch & Co. who manages money for billionaire Alan Howard’s hedge fund, is closing his firm after almost a decade. Wittlin said he will liquidate assets in his hedge fund […]

(Bloomberg) It’s been a terrible six months for hedge funds, so bad that Third Point said in a letter on Tuesday that some strategies had become “a hedge fund killing field.”The pain has been particularly severe for so-called market neutral […]

(Bloomberg) With hedge funds losing money and bleeding assets, a handful of firms and clients are pinning their hopes on corporate marriages — just as the best returns might be behind them. Billionaire John Paulson’s Paulson & Co., Manikay Partners, […]

(Bloomberg) Marco Arosio, a former executive at Citigroup, sued the bank for unfair dismissal, according to filings from a London employment tribunal. The complaint by Arosio, who worked in rates trading and structuring according to his LinkedIn page, alleges his […]

(Harvest) Picking a stock that goes up 100% in a year is exhilarating. But there’s a problem with this method of investing. Like gambling in Vegas, it may be fun and even rewarding in the short term. Yet in the […]

(Daily Alts) For the past three months the market has shifted into a ‘Risk On’ position, and last week showed no abatement of the trend, even with the wrench of earnings thrown in. If anything, earnings of more predictable earners […]

(Harvest) Our Portfolio continues to meet its primary objective to outperform the broader market over the long-term with a concentrated sector focus.The Conquest Business Cycle Investing, MidCap Portfolio outperformed its benchmark during the 1st Quarter 2016, registering a 2.63% advance […]

(Reuters) Billionaire hedge fund manager Dan Loeb believes that recent market volatility still offers “excellent opportunities” to make money despite a “catastrophic” period for hedge fund performance, according to a letter sent to clients of his Third Point LLC on […]