Reuters – United Parcel Service’s decision to abandon its 5.2 billion euro bid for TNT Express has left hedge funds nursing potential losses of more than $700 million, as the Dutch delivery firm’s shares slid. So-called merger arbitrage funds – […]

All About Alpha – Rothstein Kass, an auditing and professional services firm with offices in California, Colorado, Massachusetts, New Jersey, New York, Texas and the Caymans, has released the results of its second annual survey of women in the alternative […]

Reuters – Allenbridge Investment Solutions has hired Tim Gascoigne, the former manager of HSBC Alternative Investment’s flagship $2.4 billion fund of hedge funds, the advisory firm said. Gascoigne, who was responsible for around $4 billion of the $38 billion that […]

Bloomberg – Yale University, the second- wealthiest college, may increase its holdings of hedge funds after cutting them last year and shifting into cash, according to a report from the investments office run by David Swensen. Yale, whose $19.3 billion […]

Reuters – Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain’s retail chains, and are targeting some of its best-known electrical, clothes and supermarket stores. With the economic […]

Business Insider – Sometimes we get forwarded applications for summer internships on Wall Street that are extremely embarrassing because the applicant is totally full of themselves or completely clueless. What happens is the letters go viral and the Street passes […]

NOLA – All five Louisiana retirement systems that have relied on the controversial Memphis-based investment firm Consulting Services Group have taken recent steps to distance themselves from the firm, with two selecting new outfits and the others in various stages […]

TheStreet – Some of Arena Pharmaceuticals’ retail-investor shareholders accuse the U.S. Drug Enforcement Agency of conspiring with Wall Street hedge funds to delay the commercial launch of the company’s weight-loss pill Belviq. The DEA is collecting public comments on its […]

Hedge Funds Review – Advisors, which manages around $1 billion in relative value-oriented interest rate, credit and equity strategies, is to merge with $10 billion hedge fund Mariner Investment Group. Mariner Investment Group is taking over the investment teams and […]

Reuters – U.S. securities regulators reached 714 settlements with defendants in civil cases in the 2012 fiscal year, the highest number since 2007, a report released on Monday [Jan. 14] showed. The biannual report by NERA Economic Consulting found that […]

Reuters – United Parcel Service’s decision to abandon its 5.2 billion euro ($6.9 billion) bid for TNT Express has left hedge funds nursing potential losses of more than $700 million, as the Dutch delivery firm’s shares slid. So-called merger arbitrage […]

WSJ – For fledgling hedge funds, Manhattan’s skyline is shining a bit brighter these days. When Chris Hentemann left Bank of America Corp. in the summer of 2008 with an eye toward starting his own fund, he hung his shingle in Stamford, Conn. By […]