WNYC – Six weeks after it began, the trial of hedge fund manager Raj Rajaratnam will enter its final phase Wednesday in a Manhattan courtroom. Government lawyers will try to convince the jury that the former billionaire hedge fund boss […]

Bloomberg – The University of Texas Investment Management Company, which manages the endowment of the University of Texas system and Texas A&M University, has purchased $1 billion worth of gold bullion recently as a hedge against inflation, according to an April […]

Business Insider – The 31-year old son of Carl Icahn, Brett Icahn, runs a hedge fund that returned 50% last year, according to the New York Times. His father announced his retirement from managing money for outside investors in fall 2010, […]

Bloomberg – Iron Mountain Inc. (IRM), the world’s largest document storage company, said it will return cash to shareholders and sell its digital unit after pressure from hedge fund investor Elliott Management Corp. Iron Mountain also agreed to consider converting […]

AP –  The attorney assigned to unravel a Connecticut-based investment pyramid scheme says it will take longer than expected to account for the money, including hundreds of millions of dollars invested on behalf of a pension fund for Venezuelan state […]

CNBC – During the last 10 years the hedge fund industry has outperformed the market with less volatility, Simon Fludgate, partner at Aksia, a hedge fund research and advisory firm, told CNBC Tuesday. The key is for investors to be diligent and make […]

The Sunday Herald – John Paulson, the billionaire hedge fund manager, whose bet against the overheated US housing market made him one of the world’s wealthiest and most controversial hedge fund managers – is playing the gold market in a […]

Opalesque – Joachim Gottschalk, Chairman and CEO of Gottex Fund Management, apparently feels optimistic. At today’s meeting, during which the company will adopt its annual financial statements, re-appoint auditors, and re-elect some of the directors, he is expected to make […]

Gazette – The Securities and Exchange Commission has charged Joseph F. Skowron III — a former Morgan Stanley manager of the six hedge funds that dumped large chunks of Human Genome Sciences stock after receiving insider tips about its drug […]

Bloomberg – The annual fundraiser for the female hedge-fund executives of High Water Women Foundation features Texas Hold ‘Em. Women make up about 90 percent of individual ticket buyers and half of the attendees. The proceeds from the organization’s annual fundraiser, which […]

Irish Times – Avoca Capital, the Dublin-based manager of collateralised loan obligations, has acquired two high-yield bond hedge funds from UK fund manager Liontrust. Five credit specialists from Liontrust, including fund manager Simon Thorp, will be hired by Avoca as […]

Boston Herald – A shake-up at the top of Iron Mountain sparked a stock rally and sent signals that the Hub-based document storage firm may become more willing to work with investors pushing for major changes. Iron Mountain yesterday replaced CEO […]