Reuters – As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors. Now the exclusive […]

DealBreaker – Early on in hedge fund manager Crispin Odey’s relationship with his chickens, he made them a promise, about the things he’d do to make them happy. “I’ll move heaven and earth,” he told them. “You’ll be the envy […]

Advent Software, Inc., a leading provider of software and services to the global investment management industry, today announced that Geneva(R), Advent’s portfolio management and fund accounting product, was named “Best Technology – Fund Accounting” at the HFMWeek European Hedge Fund Services […]

CNN – An environmental advocacy group backed by hedge fund tycoon Tom Steyer is set to unleash a seven-state, $100 million offensive against Republican “science deniers” this year, a no-holds-barred campaign-style push from the green billionaire that could help decide […]

Evening Standard – London’s hedge funds have made a miserable start to 2014 and will face further pressure once controversial new rules from Brussels are introduced later this year, experts warned today. Returns from UK hedge funds were just 0.56% […]

Quartz – Sears reported earnings today, and it wasn’t pretty. The US-based retailer posted a loss of $402 million. This particular loss was driven by a poorly performing electronic-goods division—which the company hopes to turn around by focusing on “empowering […]

Business Insider – I was hoping for “Margin Call” meets “Spring Breakers”: 1,800 rich Wall Street dudes winging westward for four Krug-soaked days in the famous mecca of misbehavior and debauchery, Las Vegas, to talk shop of course. You imagine […]

DealBook – In this West England village, where sheep seem more abundant than people, a hedge fund manager, Crispin Odey, is close to completing a chicken coop in the style and scale of a small Grecian temple. Screened by walls […]

Bloomberg – Citadel LLC, led by billionaire Ken Griffin, became the first international hedge fund to complete yuan fundraising from Chinese wealthy individuals and companies through a local unit. Citadel (Shanghai) Foreign Investment won regulatory approval for currency exchange on […]

Reuters – Italian police have arrested a former university lecturer and ex-hedge fund manager who was fined 3 million pounds ($5.1 million) in 2012 for concealing massive losses to investors, Milan prosecutors said on Wednesday. In a statement, prosecutors said […]

WSJ – A wave of megadeal activity in Europe isn’t providing the trading opportunities many hedge funds had hoped for. U.S. drug firm Pfizer Inc’s $120 billion attempt to buy U.K. rival AstraZeneca and General Electric’s proposed $17 billion purchase […]

Bloomberg – Ken Xu, a former managing director at SAC Capital Advisors and Och-Ziff Capital Management Group LLC (OZM), is considering setting up his own hedge fund in Hong Kong, said a person with knowledge of the matter. Xu left […]