Reuters – A former executive from Kingdon Capital plans to launch a hedge fund in the first half of 2015, marking the latest in a string of spinouts from prominent industry firms. Philip Hilal is setting up Clearfield Capital Management, […]

Economic Times – Two former UBS Group AG bankers are preparing to start a global cross-asset, long-biased hedge fund in January to bet on out-of-favour companies and events such as mergers and acquisitions and spin-offs. Laurent Constanty and Fabien Baetz, […]

Bloomberg – Hedge funds that rely on computer programs to trade are producing some of the highest returns in the industry after a particularly profitable November. Two Sigma, a $24 billion firm run by a former artificial intelligence academic and […]

WSJ – In the run-up to the financial crisis a hedge fund took in hundreds of millions of dollars from wealthy investors. Now the money is gone—and the man who ran it has disappeared from their sights. In September 2008, […]

Fortune – James River Group, Uber’s insurer, paid a tax rate of just 12.6% last year. It invests in bank loans rated below junk. And it’s about to issue an IPO. Critics of Airbnb, Uber, and other companies in the […]

Reuters – Investors’ interest in hedge funds rose in December as they added more cash than they pulled out, though the net flows were lower than last month, data showed on Wednesday. The SS&C GlobeOp Capital Movement Index, which calculates […]

DealBreaker – The folks over at SumZero have crunched the numbers on their 11,000 members to find out just where you should send your kids if you want them to follow your footsteps into the buy-side at a hedge fund, […]

Reuters – A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets. BlackRock Inc (BLK.N), the world’s largest asset manager, and Manning & Napier are among the managers […]

Bloomberg – Hedge fund Maglan Capital said it’s starting a campaign to shake up Madalena Energy Inc. (MVN)’s board and strategy after acquiring a stake of almost 10 percent in the Canadian oil and gas producer. New York-based Maglan said […]

CNBC – Many famous universities are known as springboards into finance careers. But when it comes to landing jobs at elite hedge funds, there are some surprise standouts. The top-ranked undergraduate programs for getting an investment-management job at a hedge […]

WSJ – Steve Cohen, the founder of the now defunct hedge fund SAC Capital, plowed money into a late effort to help Republicans win state gubernatorial races this election, new campaign-finance report show. Mr. Cohen contributed $1.5 million to the American […]

Investment News – UBS Group AG is preparing to roll out new tools to increase hedge fund use by its financial advisers in the U.S., encouraging increased sales of the alternative investments to a sometimes-reluctant clientele. UBS is developing a […]