Bloomberg – Fortress Investment Group LLC, the buyout and hedge-fund firm run by Daniel Mudd, said its Asia- focused macro fund rose 3.5 percent in March, even as uprisings in the Middle East and Japan’s worst earthquake roiled markets. The […]

Reuters – Hedge fund industry legend Julian Robertson is offering outsiders a chance to invest alongside him for the first time in more than a decade through a new seeding fund, two people familiar with the matter said. The new […]

San Fransisco Chronicle – Eze Castle Integration, Inc., a leading provider of IT services, technology and consulting to hedge funds and investment firms, today announced it will host a series of live and virtual events throughout April 2011 to share […]

Bloomberg – The Massachusetts state pension fund, which oversees $49.5 billion of assets, will begin bypassing middlemen by directly investing as much as $500 million in hedge funds. The board that oversees the fund, known as the Massachusetts Pensions Reserves […]

Reuters – Hedge fund manager David Einhorn’s Greenlight Capital dramatically underperformed U.S. equity markets in the first quarter, dropping 3.4 percent net of all fees and expenses, according to a posting on its affiliate’s website on Monday. According to Greenlight […]

CNBC – Former hedge fund consultant Danielle Chiesi, who has pleaded guilty to conspiracy and securities fraud in the Galleon insider trading case, is heard in a newly released audio recording telling her alleged co-conspirator Raj Rajaratnam that their activity […]

Barron’s – Earthquakes and tsunami in Japan and continuing unrest in the Middle East and North Africa turned March into a difficult month for hedge fund managers. Hedge fund indexes tracked by Bank of America (BAC) Merrill Lynch lost 0.91% […]

Reuters – GlobeOp Financial Services is launching two new indexes tracking capital flows of a tenth of the world’s hedge funds, putting one of the most opaque segments of the asset management industry under the microscope. GlobeOp will publish monthly reports […]

Business Report – The recently announced changes to Regulation 28 of the Pension Funds Act, which are effective from July 1 this year, could result in an eight times surge in assets under management in the hedge fund space. Anton […]

emii – The California State Teachers’ Retirement System (CalSTRS) has awarded a new mandate, Pensions & Investments reports. The retirement system has appointed activist hedge fund, Trian Fund Management. The firm, which is run by Nelson Peltz, will manage a […]

Bloomberg – When hedge-fund manager Joe DiMenna was looking for a symphony to support more than a decade ago, the Orchestra of St. Luke’s in New York caught his ear. Founded in 1975 at Manhattan’s Church of St. Luke in […]

City AM – Activist hedge fund Elliott Advisors has stepped up its assault on two UK companies after garnering the support of extra shareholders. At National Express, where it has built up a 17 per cent stake and called for […]