Bloomberg – Chris Levett’s Clive Capital LLP gained as much as $230 million in May after betting energy and power prices would fall in a month when oil posted its biggest drop in two years, two people with knowledge of […]

BusinessWeek  – Mariner Investment Group LLC, a hedge fund founded by a former Bear Stearns Cos. fixed-income executive, charged South Carolina’s pension fund more than any other manager while delivering returns that trailed competitors. Mariner, started by William Michaelcheck, 65, […]

Reuters – For funds which market themselves on their ability to spot the sharpest hedge fund minds, it could be their greatest challenge yet. Investors who once trusted them to find the best returns are gaining the expertise and confidence […]

Reuters – The Commodity Futures Trading Commission (CFTC) has sued a former Chicago floor broker, claiming he ran a four-year Ponzi scheme and fraudulently solicited at least $7.8 million to trade commodity futures contracts. In a civil lawsuit, the CFTC […]

Reuters – A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets. The 23-minute […]

AP – The July 29, 2008, phone call between two titans of Wall Street began with the old friends exchanging mild pleasantries, but then quickly turned serious and, by the government’s account, criminal. Hedge fund manager Raj Rajaratnam asked about […]

HFN – The founder and the chief operating officer of a Florida hedge fund have been named in a Securities and Exchange Commission lawsuit for their roles in a massive Ponzi scheme. The SEC announced Tuesday that Fort Lauderdale-area residents […]

Forbes – David Ebersman, Facebook’s chief financial officer, made the decision to increase the number of shares that would be sold in Facebook’s IPO three days before the big event.The Wall Street Journal suggests this decision doomed Facebook’s shares. By increasing the amount […]

BusinessInsider – We know that Dartmouth students aren’t big fans of hedge funds, but it turns out the university’s faculty aren’t too keen on them either. A group of Dartmouth professors and employees are requesting that New Hampshire state launch […]

Opalesque – IMQubator, Europe’s biggest seeding platform, has launched its innovative Capital Introduction Network. The IMQ Capital Introduction Network is a platform with its members connecting potential investors to the IMQubator funds through independent ‘agents’ – third party and private […]

Hedge Funds Review – Former Société Générale commodity traders plan to launch a hedge fund in Q4 to take advantage of an expected increase in investor appetite for commodities. The fund will combine three strategies. Three former Société Générale executives are launching […]

AP – A former board member for Goldman Sachs and Procter & Gamble on trial on insider trading charges and two men and a woman already criminally convicted were on a list of 10 “important people” who could interrupt a […]