New Model Adviser – Allenbridge Epic Investment Advisers has taken over Moody’s hedge fund analysis and research service in a deal which will see the US ratings giant take a 25% stake in the new business. The combined group is […]

Cay Compass – New regulations and investor demands have put financial pressure on many new and smaller funds, which in turn squeeze the fees of service providers, delegates at the GAIM Ops conference on hedge fund due diligence heard last […]

Courthouse News Services – Two Los Angeles-based law firms representing a hedge fund operator helped their client wage “an aggressive litigation campaign” against a film investor, using confidential information divulged by the investor’s former attorney, the investor claims in Superior […]

Reuters – An investor advisory group on Tuesday levelled fresh criticism at the high fees imposed by hedge funds and urged them to cut their take of gains on the assets they manage. The latest attack on an industry known […]

Bloomberg – William Lee, who led JPMorgan Chase & Co. (JPM)’s Asia-Pacific equity derivatives business, plans to start his own hedge fund this year that will exploit mispricing in the region’s derivative markets and broad economic trends. Lee, 40, plans […]

Reuters – As chairman and CEO of Chesapeake Energy Corp, Aubrey McClendon has been a powerhouse in the vast U.S. natural gas market, directing the company’s multibillion dollar energy-trading operation and setting output targets for America’s second-largest producer. Behind the […]

Bloomberg – Jana Partners LLC, Barry Rosenstein’s hedge fund that’s known for pushing for change in the companies it invests in, saw the value of its stake in Barnes & Noble Inc. surge 52 percent today after Microsoft Corp. said […]

Independent – The hedge fund manager Philip Falcone has agreed to scale back his role at the tottering wireless internet venture LightSquared as he fights to save the company from bankruptcy. Mr Falcone’s Harbinger Capital has sunk around $3bn (£1.8bn) […]

BusinessWeek – Man Group Plc (EMG), the world’s biggest publicly traded hedge fund manager, said clients withdrew a net $1 billion in the first quarter and costs such as employee bonuses ate up more cash than analysts expected. The shares […]

IBN – Prosecutors want the jury in May’s insider trading trial of former Goldman Sachs director Rajat Gupta to hear three secretly-recorded phone conversations of Galleon Group hedge fund founder Raj Rajaratnam as evidence of the purported conspiracy between them. […]

Newsroom America – The president of a Costa Rican company that sold reinsurance bonds to life settlement companies has been found guilty of carrying out a half-billion-dollar fraud scheme that affected more than 2,000 victims throughout the United States and […]

Pensions & Investments – Activist hedge funds pulled in at least $2 billion in new assets from institutional investors over the past two years, with a marked acceleration in pace in the second half of 2011 and so far in […]