Category Archives: Syndicated

Hedge-Fund World’s One-Man Wealth Machine

WSJ – In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the hedge-fund industry’s biggest names. Calls to his office go unreturned even from those eager to fork over eight-figure sums, […]

U.S. SEC Loses Insider Trading Case Against Hedge Fund Manager

FOX – The U.S. Securities and Exchange Commission suffered a loss on Friday in a long-running case against a New York hedge fund manager and two others accused of engaging in a $1.3 million insider trading scheme. A federal jury […]

Hedge fund exec wins battle in bitter custody war against ex

NYP – Suzanne Murphy — the hedge-fund exec who claimed she was threatened by her ex-husband’s young Polish wife — has won a round in her bitter custody battle with investment banker Robert B. Albertson, 67. A judge ruled this […]

Hedge Fund Cover Without the Hedge Fund Fees

Bloomberg – Most people think hedge funds aim to shoot the lights out and return a zillion percent. The funds are mocked for not beating the S&P 500 Index, which is up 136 percent over five years. Not to defend […]

It’s hedge funds that should ‘get no respect’

MarketWatch – Rodney Dangerfield was famous for saying, “I don’t get no respect.” Hedge funds, in my opinion, are the flip-side of Rodney Dangerfield — they get too much respect. In 2013, almost $64 billion of new money was invested […]

Hedge funds: the mysterious power pulling strings on Wall Street

Guardian – Hedge funds, those financial funds run by extraordinarily rich men, are going mainstream. Not content to be investments for just the super rich and super connected, they are starting to offer services to the average investor A good […]

KKR liquidates former Goldman Sachs traders-run hedge fund

Reuters – KKR & Co LP said on Sunday it had decided to terminate a hedge fund that invested in stocks which the private equity firm had launched in 2011 after poaching a team of proprietary traders from investment bank […]

Hedge fund manager charged in Carter’s insider trading probe

Reuters – A New Jersey hedge fund manager pleaded not guilty on Thursday to charges he traded on inside information about the children’s clothing company Carter’s Inc, according to court papers. Steven Slawson, the co-founder of Titan Capital Management, is […]

Ziffs Shut Down Hedge Fund, Shift Way Wealth Is Managed

WSJ – The billionaire Ziff brothers are shutting down the last multibillion-dollar hedge fund that invests their family fortune, one of the biggest such pots of money in the U.S. The three brothers, heirs to the wealth created by their […]

Falcone to FCC: ‘Take action’ to reverse hedge fund losses

NYP – Billionaire investor Phil Falcone is turning up the heat on Uncle Sam. Falcone, whose Harbinger Capital hedge fund owns the bankrupt LightSquared, a high-speed wireless start-up, is asking the Federal Communications Commission to take “immediate” action to stem […]

Hedge fund executive pays for anti-Jacobs ads

Sioux City Journal – New York hedge fund executive Robert Mercer is the person behind TV ads that have criticized Republican U.S. Senate hopeful Mark Jacobs and praised Joni Ernst, according to a filing with the Federal Election Commission on […]

Ackman Said to Plan Public Hedge Fund in London

NYT – One of Wall Street’s boldest investors, the billionaire hedge fund manager William A. Ackman, is building an unusual multibillion-dollar war chest. While hedge funds typically raise funds privately, the founder of the $13 billion Pershing Square Capital Management […]