Bloomberg – Goldman Sachs Investment Partners, set up to allow clients to invest with some of the bank’s top proprietary traders, raised about $1 billion for its first Asia hedge fund, said two people with knowledge of the matter. The […]

Forbes – Yesterday a federal grand jury indicted two former top officials of CalPERS, the nation’s largest public pension fund on fraud, conspiracy and obstruction charges. Three years after the “pay-to-play” influence peddling scandal surfaced at the $225 billion fund, […]

WSJ – Sears Holdings Corp. is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer. The loan is being made by entities affiliated […]

CNBC – A hedge fund manager is the latest to embark on one of the most ancient of human quests: immortality. Joon Yun, president of $1 billion health care-focused Palo Alto Investors, announced a new prize last week that will […]

Chicago News – Ann C. Logue’s “Hedge Funds for Dummies” sets out to tell readers what they need to know about hedge funds in a simple manner, whether the investment is personal, for an endowment, or a foundation. Logue geared […]

LA Daily – Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys “Italian generosity.” The remark is part of a response by the chain’s parent company, Darden Restaurants Inc., to […]

Hedge World – CtW Investment Group, an adviser to union pension funds, called on Walgreen Co. to provide more details about a change in projected earnings and questioned the U.S. drugstore chain operator’s appointment of an activist investor to its […]

Bloomberg – Billionaire investor John Paulson is getting in the way of AngloGold Ashanti’s plan to rid itself of debt. Following the biggest one-day bond rally in seven months, sparked by the gold producer’s announcement on Wednesday that it would […]

Business Insider – We’re living in a golden age for a certain kind of very-public investing strategy, where big-name hedge funders get up on stage, or produce PowerPoint presentations laying out their investment thesis on a given company. Bill Ackman […]

Reuters – The cost of hedging against near-term swings in the British pound jumped to four-year highs on Friday [Sept. 12] and investors added to unfavorable bets in the derivatives market, reflecting jitters about the result of the Scottish referendum. […]

Bloomberg – The U.S. Treasury Department said it’s considering ways to end a “loophole” that allows hedge-fund managers to avoid taxes by routing their investments through an insurance company in low-tax countries like Bermuda. The Treasury, in an Aug. 9 […]

Forbes – Carl Icahn and the hedge fund crowd have grabbed the wheel at Hertz Global Holdings and are calling the shots at the troubled car rental company. Hertz announced on Thursday afternoon that it had struck a deal with […]