Reuters – Blue Rice Investment Management, founded in 2009 by the former chief investment officer for Korea Investment Corporation, Guan Ong, will return capital by the end of 2013, he told Reuters on Tuesday, adding to a growing list of […]

Leon Wagner, the retired chairman of GoldenTree Asset Management, joined credit hedge-fund firm Trilogy Capital, according to a letter to investors. Wagner’s credit-focused investment firm LWPartners will merge with Greenwich-based Trilogy and become a partner in the hedge-fund manager, according to the Nov. […]

Reuters – There was a time when corporate executives immediately turned defensive when an activist investor demanded a management shakeup or stock buyback, but those times are changing. Today some executives are willing to break bread with their erstwhile Wall […]

NY Post – A pair of New York-based hedge funds outmaneuvered new-age oil and gas titan Tom Ward, head of SandRidge Energy, according to a new book centered on the epic fortunes of a group of natural-gas wildcatters. Wall Street […]

Reuters – CQS founder Michael Hintze, one of Europe’s most influential hedge fund managers, has warned that France’s struggling economy could present a “major pothole” for investors in 2014. Hintze, whose firm manages around $12 billion and who was one […]

Bloomberg – Iceland’s government says speculation by creditors in the island’s failed banks, many of whom are hedge funds, that they will need to take a 75 percent writedown on their claims is an exaggeration. “The 75 percent was mentioned […]

Forbes – If the folkloric character of Robin Hood actually existed, he’d be hard-pressed to find any place better to ply his trade than Greenwich, Conn., perhaps the wealthiest town in the world. It happens to be the home of […]

New Zealand Herald – US hedge fund Oaktree Capital, which is in the process of floating Australia’s Nine Entertainment, has lifted its stake in local free-to-air broadcaster MediaWorks, whose stable includes TV3 and Four, and radio stations including the Rock, […]

Law360 – A Georgia federal judge Tuesday refused to reconsider his decision to narrow claims brought by the U.S. Securities and Exchange Commission in an enforcement action accusing two hedge fund managers and their firms of fraud. U.S. District Judge […]

LA Times – An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby’s auction of contemporary art in New York. […]

FOX – New Jersey governor Chris Christie personally invited hedge-fund billionaire Steve Cohen to his re-election victory party last week just hours after Cohen paid a $1.2 billion penalty and his fund, SAC Capital, pleaded guilty to criminal insider-trading charges, […]

Barron’s – Hedge funds are long stocks, short volatility and shunning the dollar. It’s a recipe for pain if the consensus about Janet Yellen and the Federal Reserve is wrong. That’s the message at Societe Generale today, where strategist Alain Bokobza and five co-authors run through hedge fund-exposure. […]