BusinessWeek – In 2008, hedge fund manager Matthew Michelsen received the phone call that would change his life—from 50 Cent. Actually, the rapper and energy drink mogul was calling to speak with Michelsen’s wife, Jenny, about investing in her 3D […]

Irish Times – Manhattan-based lawyer Mark Brodsky named his hedge fund after the Roman emperor Marcus Aurelius, a Stoic philosopher. He set up the fund in 2005 but Brodsky fine-tuned his skills as a distressed debt investor over nine years […]

Charlotte Observer – A prominent hedge fund investor has increased his stake in Family Dollar Stores Inc. and is now the Matthews-based company’s largest shareholder, according to filings Thursday with the Securities and Exchange Commission. Bill Ackman, chief executive of hedge fund […]

Bloomberg – Steven Eisman, the investor known for betting against for-profit schools and subprime mortgages, is leaving FrontPoint Partners LLC and plans to start his own firm, according to two people briefed on the matter. His FrontPoint hedge funds, Financial […]

Economic Times – Hedge fund managers have been called plenty of names. Now, they can add another: local banker. When Rentech, a clean energy business in Los Angeles, was rejected by its long-time banker last year, it asked a hedge […]

WSJ – A group of U.S. hedge funds with large stakes in Bank of Ireland PLC’s subordinated debt is preparing to fight the government’s proposed restructuring of €2.6 billion ($3.82 billion) in junior bonds. The funds have hired Thomas Lauria, […]

Bloomberg – The new freight derivatives trading screen from the Baltic Exchange, a 267-year-old bourse that sets global shipping prices, will attract hedge funds and expand the $24 billion market, Citigroup Inc. (C) and Cargill Inc. said. Baltex starts today after […]

CBS News – The questionable, unchecked, speculative practices of large financial institutions that sent the world into a near-calamitous economic recession recently are being repeated in Africa through land-grabbing deals, The Oakland Institute, a California-based think tank, said in a recent […]

Bloomberg – As a hedge-fund manager who thrives on turbulence in the commodities markets, John Burbank couldn’t have done better than the first week of May. The prices of oil, metals and other raw materials nose- dived the most in […]

NYT – The Securities and Exchange Commission is seeking more time to respond to a Congressional request regarding how the agency handled referrals about suspicious trading activity at the hedge fund SAC Capital Advisors. In a letter last month, Senator Charles E. […]

Reuters – A former employee of a so-called expert network firm is expected to plead guilty to charges of conspiring with others to leak corporate secrets to hedge funds in exchange for money, part of a broad U.S. crackdown on […]

Bloomberg – Muddy Waters Research, the firm founded by short seller Carson Block, “pre-marketed” its June 2 report on Sino-Forest Corp. (TRE) to hedge funds for the past five weeks, said an analyst at Dundee Securities Ltd. Sino-Forest tumbled 34 […]