Bloomberg – A former Atheros Communications Inc. vice president set to begin an 18-month prison term after pleading guilty in the Galleon Group LLC insider-trading probe said he was “absolutely wrong” when he told a friend and mentor about the […]

WRAL – A coach at a North Carolina military school who recently bought a $3.9 million home on the South Carolina coast has been charged with securities fraud. The Securities and Exchange Commission said in a news release Friday that […]

Bloomberg – Two Goldman Sachs Group Inc. traders are preparing to start their own hedge fund after new financial regulations restricted banks from risking capital on speculative bets, said a person with direct knowledge of the matter. Ariel Roskis and Daniele […]

Reuters – It is one of the mysteries of the federal government’s latest crackdown on insider trading: The identity of a fourth hedge fund searched by Federal Bureau of Investigation agents in mid-November. The raid of the hedge fund occurred […]

Bloomberg – Oil may fall for a third consecutive week on speculation buying by hedge funds will decline after bullish bets on crude oil rose to the highest level in more than four years in December, a Bloomberg News survey showed. […]

NYT DealBook  – After his flight from Cincinnati landed on Nov. 2, Steven Czech, the hedge fund manager of FrontPoint Partners, turned on his BlackBerry and watched as his phone “lit up like a Christmas tree” with the devastating news that […]

Bloomberg – Hedge funds returned 1.7 percent in December, rebounding from a November loss and ending 2010 at the highest level in more than two years as global equity markets rallied, according to data compiled by Bloomberg. The Bloomberg aggregate […]

CityWire – The Polar Capital Discovery fund, a £31 million global macro hedge fund, is to wind up. The wind up process will begin immediately, Polar Capital told its investors, and the move will result in a loss of £0.6 million. The […]

WSJ – Private equity and hedge funds have been converging for some time. But unlike Blackstone Group LP, which manages funds of hedge funds as a business line, TA Associates Inc. has delved into hedge fund-of-funds through a portfolio investment, taking a […]

Wall Street News Cast – As capital inflows begin to peak in the larger hedge funds, increased flows from institutional investors to smaller and startup funds are expected to increase, according to third-party marketing and consulting firm Agecroft Partners. Since […]

Market Crawl – A US federal judge dismissed a lawsuit by 10 hedge fund groups condemning German automaker Porsche SE of cornering the market in shares of Volkswagen AG, resulting in more than $2 billion of damages. US District Judge […]

Barron’s – The activist hedge fund run by James Mitarotonda called Wednesday for Ameron International’s (AMN) chief executive to be replaced. Barington Capital Group, the hedge fund management firm, made a copy public of the letter it sent to Ameron’s […]