On Wall Street – Alternative investment funds which need to register with the Securities and Exchange Commission for the first time will find it a costly process, according to research firm Aite Group. Hedge funds and private equity funds will […]

Global Pensions – Hedge fund managers will have to lower fees, change their business strategies and lower their risk tolerance as pension funds increase their allocation to the asset class, Moody’s Investors Service believes. In an Industry Outlook paper published […]

Reuters – London-based FRM Capital Advisors (FCA) expects to seed three to four hedge funds in 2011, one of which could be in Asia, Chief Operating Officer Patric de Gentile-Williams said. FCA is open to seed managers moving out of […]

WSJ – Jurors at the insider trading trial of a hedge fund manager listened on Monday to more wiretaps that prosecutors say show he was brazenly trading on secret information about pending technology industry deals to help make himself one […]

Hindustan Times – Hedge fund tycoon Raj Rajaratnam made $4 million in a day by doubling his stake in Hilton thanks to a tip from an Indian origin Moody’s analyst, federal prosecutors have charged. The Sri Lankan American co-founder of […]

DealBreaker – Several months back, it came to light that Phil Falcone had loaned himself some $113 million from one of Harbinger’s funds to pay personal taxes. He didn’t tell anyone about it at the time because he hadn’t thought it […]

Crain’s Cleveland Business – “The hedge fund started up in 2007 with a dream of profiting from the woes of others, or distressed investing, as the pros call it,” The Journal blog reports. “Paige Capital says Lerner agreed to a ‘gating’ provision […]

aiCIO Magazine – Last November 22, the FBI raided the headquarters of three major hedge funds: Level Global Investors, Diamondback Capital, and Loch Capital Management. It was the first real action by the Feds after a days-old whisper campaign from regulators […]

Tech Crunch – According to several Israeli business newspapers (TheMarker, Calcalist) Facebook has acquired Snaptu for an estimated $60 – $70 million, although some reports peg the price lower, at around $40 million. Update: a Snaptu executive has confirmed the acquisition to our […]

Guardian – GlaxoSmithKline boss Andrew Witty should be warmly commended for his engagingly old-fashioned view that a corporation is not a shiftless, stateless legal fiction that can be whisked off to the Cayman Islands at the wave of an accountant’s […]

Business Insider – Eddie Tam’s Asia-focused hedge fund Central Asset Investments cut its entire exposure to Japan within 3 days of the earthquake, according to Reuters. Before the quake, Tam’s ~$250 million CAI had about 15% of its portfolio in Japan. For […]

Commodity Online – Rising commodity prices helped helped hedge fund managers to improve on their returns in February. Hedge funds tracked by Dow Jones Credit Suisse Hedge Fund Index has risen 1.38% in February. Managed Futures managers posted a positive […]