The Street – Hedge funds have been all over the place in their investment choices in the technology sector, so it’s been difficult for investors to discern a pattern. Hedge funds, which manage money for the wealthy, were net buyers […]

Seattle Times – A hedge fund that wanted to win four board seats at KOMO-TV parent Fisher Communications, so it could take control and push for a sale of the company, has gotten half its wish. Two of Fisher’s open […]

San Francisco Chronicle – FrontPoint Partners LLC plans to close most of its hedge funds by the end of the month amid client withdrawals and insider-trading claims, the New York Times reported. The Greenwich, Connecticut-based firm said in a statement […]

BusinessWeek – In the weeks after FBI agents arrested him on insider-trading charges in November 2009, Zvi Goffer maintained his bravado. The government, he told former colleagues from Galleon Group, a manager of hedge funds, could not possibly have damning […]

Reuters – US-based hedge fund Whitebox Advisors, started by Deephaven Asset Management’s founding partner Andrew Redleaf, is setting up an office in Singapore, two sources familiar with the matter said. The firm, which manages about $2.5 billion in assets, will […]

Irish Independent – As Queen Elizabeth and her entourage journey through Ireland this week, the country’s establishment is doing its best to highlight a range of vibrant industries to the outside world — from digital media, to nano science to green tech […]

Baltimore Sun – A former portfolio manager at the Connecticut hedge fund Diamondback Capital Management has pleaded guilty to fraud and conspiracy, the latest defendant to admit wrongdoing in the government’s broad probe into hedge fund insider trading. Anthony Scolaro, […]

Reuters – Singapore-based hedge fund Tantallon Capital has tripled assets to about $300 million from 2009 lows and hopes to grow assets to $500 million, co-founder Alex Hill said, as investor interest in Asian hedge funds revives and performance improves. […]

LinkedIn Corp, a website where professionals connect with one another, said its initial public offering will likely raise 30 percent more than previously expected, a sign that investors are eager to bet on social networking companies. LinkedIn now plans to […]

Reuters – In a trial of three New York securities traders on insider trading charges, several jurors told the judge on Tuesday they could consider the case separately and impartially from last week’s conviction of high-profile Galleon Group hedge fund […]

Bloomberg – Daniel Zwirn, the New York investor forced to shut a $4 billion hedge fund because of client withdrawals, is starting over with a new publicly traded fund that will be safe from redemptions. Zwirn will help manage a closed-end […]

TheStreet – Sirius XM Radio was a popular pick for hedge fund managers to both buy and sell during the first quarter, a period during which the satellite-radio provider’s share price rose by only 2 cents. It’s rare for Sirius […]