P&I – Huge growth in alternative investment mutual funds is fueling a big market for subadvisory hires for hedge fund managers. What’s catching the attention of many smaller hedge fund managers, and to a lesser extent big fund complexes, is […]

Forbes – Some very high powered judicial figures and institutional investor giants are coming down hard on insatiable promotional shareholder hedge fund activists like Bill Ackman, Daniel Loeb or Carl Icahn for self-interested activities that are distracting boards of directors […]

Tech Crunch – On-demand services marketplace Bizzby has raised $10 million, and claims to have reached 40,000 users its first three months of operation this year with a smartphone app resembling TaskRabbit-style services. The investors was undisclosed but sources say the investor […]

CNBC – The fat funds are getting fatter—the largest hedge funds now control more cash than ever before. Americas-based firms that each invest at least $1 billion managed a record high of $1.71 trillion as of Jan. 1, according to […]

Business Insider – Apparently hedge funds of a certain size are best at getting the market ‘juuuuust right.’ Hedge funds with assets under management of $100-499 million and $500-999 million beat their bigger brethren in terms of 12-month average returns […]

Telegraph – Ukraine has secured an emergency bail-out of up to $18bn (£10.9bn) from the International Monetary Fund to stave off imminent default but will see no debt relief and will be forced to slash spending amid dangerous civil conflict. […]

Forbes – A couple of months after stepping down from the job in which he is credited with averting a global financial crisis that could’ve eclipsed the Great Depression, Ben Bernanke appears to be enjoying his time alongside billionaires and financiers.  The […]

Bloomberg – OVS Capital Management LLP, a $310 million London-based hedge-fund firm, is shutting after founder Sam Morland decided to retire. OVS will close its OVS Capital Fund and return all money to investors, Nick McEwen, the firm’s co-chief executive […]

ValueWalk – NML Capital Ltd, a unit of Elliott Management Corp., is suing Argentina in California to seize two satellites the country is planning to launch into space. Elliott is operated by activist hedge fund manager Paul Singer. According to court documents, Argentina […]

Bloomberg – Louis Ragusa, who hasn’t paid his mortgage in two years, says he now has a chance to save his Blackwood, New Jersey, home from foreclosure after a hedge fund bought the loan. American Homeowner Preservation, a Chicago-based investment firm, purchased the […]

CNBC – Hedge fund managers are making changes to their funds and preparing for further sanctions against Russia, which they believe could be more severe then what has been enforced to date. Western sanctions imposed against Russia so far have […]

P&I – Context Asset Management, a newly formed alternative investment mutual fund manager, on Wednesday launched its first fund, Context Alternative Strategies Fund. The new fund was seeded with $40 million from a family office that CEO Steve Kneeley said […]