Monterey Weekly – It’s hard to know what Digital First Media’s end game is for the Monterey County Herald because the hedge fund-owned media behemoth is resolutely not talking about it. On Friday, Herald staff were told via email that Editor Royal Calkins was […]

Reuters – Creditors of the banks cut their losses in the years after the meltdown, selling assets to hedge funds. Since then there have been debt restructuring talks focused on the three banks. But the hedge funds and the government […]

Reuters – The U.S. Securities and Exchange Commission scored a partial victory on Tuesday after a jury found hedge fund manager Marlon Quan liable for helping to facilitate a $3.65 billion Ponzi scheme. But the Minneapolis jury produced a mixed […]

Reuters – Paris-based investment firm La Francaise and Anglo-Italian hedge fund manager TAGES Capital are combining assets to form a European fund of hedge funds joint venture. Under the terms of the agreement, La Francaise is taking a 40 percent […]

Bloomberg – Porsche Automobil Holding SE, facing lawsuits seeking a combined 5 billion euros ($6.8 billion) over its aborted takeover of Volkswagen AG, may win dismissal of one of the cases in Germany. Arguments by the plaintiffs, 23 hedge funds including […]

BDLive –  protracted process of drawing up regulations for the entire hedge fund industry, which commenced in 2012 on the recommendation of the Group of 20 following the 2008 financial global financial crisis, is drawing to a close, with the […]

Bloomberg – Stephen Mandel of Lone Pine Capital LLC made hedge-fund investors the most money for the second straight year in 2013. O. Andreas Halvorsen, who runs Viking Global Investors LP, and Appaloosa Management LP’s David Tepper ranked second and […]

Bloomberg  – Leland Lim, who retired as co-head of Goldman Sachs Group Inc. (GS)’s macro trading team in the Asia-Pacific region outside of Japan, plans to start his own Hong Kong-based hedge fund, said two people with knowledge of the matter. The […]

Business Week – Stephen Mandel of Lone Pine Capital LLC made hedge-fund investors the most money for the second straight year in 2013. O. Andreas Halvorsen, who runs Viking Global Investors LP, and Appaloosa Management LP’s David Tepper ranked second and […]

FuelFix – Hedge funds are the most bullish on diesel in almost five months as the coldest January in 20 years boosted demand and cut U.S. supply to the lowest in a decade. Money managers increased net-long positions, or wagers […]

AgriMoney – The hot and dry weather in Brazil, concerns over which fuelled the biggest bullish turn by hedge funds on agricultural commodities in 18 months, may be poised to end, although not before delivering further elevated temperatures. Centre-east Brazil, […]

WSJ – As Argentina struggles to stave off a second debt default in 13 years, two U.S. hedge funds are playing central but opposing roles in the country’s efforts to untangle itself from the previous crisis. The two firms, Gramercy […]