NPR – Family Dollar’s board of directors has unanimously rejected a takeover bid from a New York hedge fund. The offer from the Trian Fund had put the Charlotte-based company’s value at $6.99 billion. The discount retailer’s stores have thrived […]

eFinancial Careers – If you interview at an investment bank, you may be asked weird questions. If you interview at a hedge fund, the chances of this happening are higher. Last year, research conducted by eFinancialCareers in the US concluded that […]

The Telegraph – Just like a plotline from a Sky drama, there’s an intriguing twist in the battle for BSkyB. The chief opponent of News Corporation’s bid to buy BSkyB is hedge fund manager Crispin Odey – who is also […]

NY Post – Fugitive hedge-fund manager Brian Kim, who stands accused of cheating investors out of $4 million, appears to have scrambled to cover a telltale sign of his alleged fraud on the heels of Bernie Madoff’s massive Ponzi scheme. […]

Reuters – Billionaire hedge fund manager John Paulson has won a securities license in Hong Kong, joining the likes of GLG and Soros Fund Management making a beeline for the high potential Asian alternative investment management industry. Paulson’s win, following […]

Telegraph -The Securities and Exchange Commission (SEC) voted yesterday for a proposal that would force brokers and investment advisers, including hedge funds, with more than $1bn (£610m) in assets to reveal staff bonus arrangements annually. The regulator could then ban […]

Reuters – The $125 billion Asian hedge fund industry’s star power just got bigger, with Carl Huttenlocher quitting Highbridge Capital as head of Asia investments to set up his own start-up in the region. As the fund-raising climate for hedge […]

Former Bear Stearns Cos. executive Frederic Marino started an $800 million hedge fund with the backing of Muammar Qaddafi’s government. Now his plan to attract new investors is being threatened by fighting in the streets of the Libyan capital of […]

Guardian – Hedge funds have roared back from the financial crisis, delivering profits of $129bn (£79bn) to their clients in just six months. While many industries are still suffering from the aftermath of the global economic downturn, hedge funds appears […]

Vancouver Sun -In a complaint filed last week in U.S. District Court in California, the SEC alleged that, from September 2005 to September 2007, Colin Heatherington and two associates acquired shares of a handful of junior companies, manipulated their share […]

CNBC has learned more details about alleged tensions inside the hedge fund Galleon Management as the fund’s founder, Raj Rajaratnam, presented his team with alleged insider information about Goldman Sachs. Attorney Stuart Meissner, who represents a former Galleon employee in a whistleblowercase […]

Reuters – Billionaire trader Philip Falcone is restructuring his hedge fund’s multibillion-dollar investment in LightSquared to make it easier to make “direct investments” in the upstart wireless telecommunications company. Falcone announced the restructuring on Friday in an email to his […]