CNBC – November proved another disappointing month for some key Paulson & Co. hedge funds, including the gold fund, which dropped nearly 12 percent, and the firm’s two umbrella funds, Advantage and Advantage Plus, which were down a respective 4.7 […]

Reuters – The pension fund of Transport for London, the government body in charge of the capital’s transport network, is putting more money into higher-risk hedge funds to help to plug a funding gap. TfL’s fund is in the final […]

WSJ – Hedge fund Diamondback Capital Management LLC told investors Thursday that it plans to close and wind down its funds after receiving redemptions requests totaling more than a quarter of its assets. In a letter to investors Thursday, the […]

Ekathimerini.com – Hedge fund firm LNG Capital is betting on short-dated Greek bonds as one of a number of managers to believe the debt-laden country could end up paying back some of its bondholders at face value. Louis Gargour, chief […]

Seeking Alpha – There were hints in the news on Thursday of cracks in the GOP unity on higher taxes. This was led by the ubiquitous compromiser in chief former Senator Judd Gregg who was willing to utter “higher taxes” to give […]

Bloomberg – When Justin Trudeau, running for leader of Canada’s third-largest political party, said he favored Cnooc Ltd. (883)’s bid for Nexen Inc. (NXY), lobbyist John Capobianco got a flurry of calls from investors looking to make money on one […]

FIN – The Oklahoma Police Pension & Retirement System is the latest institutional investor to dip its toes into direct hedge fund investing. The $1.85 billion plan is moving $31 million from two funds of hedge funds to four hedge […]

Reuters – Some of the world’s top computer-driven hedge funds are buying exchange memberships to trade directly on the biggest commodities and financial futures markets, saving on the sizeable commissions normally paid to brokers. Eager to improve returns and keep details of […]

Bloomberg – Indian bank debt offering almost double the yield premium of global lenders is attracting hedge funds impressed by Prime Minister Manmohan Singh’s reaction to the threat of a junk credit rating. Finisterre Capital LLP is betting on a […]

DealBook – In April 2009, an F.B.I. agent visited the Silicon Valley home of Richard Choo-Beng Lee, a hedge fund manager with deep contacts inside technology companies. The government, the agent said, had overwhelming proof that Mr. Lee had engaged in insider […]

FIN – Nearly a month after the U.S. presidential election, Avenue Capital Group’s Marc Lasry remains mystified that most of his colleagues didn’t join him in backing the winner. While the majority of hedge fund managers backed President Barack Obama […]

Opalesque – 100 Women in Hedge Funds today announced the appointment of new Global Association and London Board members and the creation of a new 100WHF Advisory Council. Explaining the organizational changes, Mimi Drake, President of Permit Capital Advisors and […]