Star Tribune – The Eden Prairie-based biopharmaceutical company SurModics said Wednesday that it has resolved a dispute with an activist hedge fund by appointing two of the fund’s candidates to its board. New York-based Ramius LLC had nominated three directors […]

Bloomberg – Hedge funds raised bullish bets on crude oil to the highest level in more than four years on speculation that futures will climb as the U.S. recovers from the deepest recession since the 1930s. The funds and other […]

MSNBC – A small network of hedge fund executives pumped at least $10 million into Republican campaign committees and allied groups before November’s elections, helping bankroll GOP victories that this week will change the balance of power in Washington, according […]

HFM Week – Following reports that former Icahn Management head Rupal Doshi was departing the legendary hedge fund titan to start a hedge fund, more plans have materialised, HFMWeek has learned. According to sources familiar with her plans, the fund […]

NYT – David Tepper, the manager of the $3 billion Thoroughbred Fund, is making a magnanimous gesture: he is allowing investors, who committed their money for three years, an early way out. “We were being nice,” Mr. Tepper, the founder […]

The American Independent  – The Los Angeles Times explores the prospects for campaign finance reform after Sen. Russ Feingold (D-Wisc.) lost his re-election in November and now that more Republicans are in Congress. (At Monday’s Republican National Committee chair debate, when […]

Hedge Funds Review Magazine – The Blackstone Group is aiming to raise around $1.5 billion for its latest seeding vehicle while Investcorp completed its first seeding deal in two years at the end of 2010. SkyBridge Capital, NewAlpha Asset Management and […]

Bloomberg – On a warm October afternoon, a steel- framed concrete warehouse north of San Francisco is inundated with grapes. Forklifts bearing fruit from the nearby Russian River Valley deliver their loads to a slow-moving conveyor belt. Flanking both sides, winemaking […]

New York Times – As of today, seven people have been charged in an insider-trading investigation focused on investors and consultants connected to Primary Global Research, an expert-network firm. The cases, brought by Preet Bharara, the United States attorney in […]

Boston.com – Donovan Slack (“Tax break favors the high-fliers,’’ Dec. 29) and Steven Syre (“A plan worth loving,’’ Dec. 31) have written excellent pieces in the Business section on the unusually low tax rate (15 percent) paid by hedge fund […]

International Business Times – Trade publication HFN reported that by end of 2010, hedge funds assets under management reached $US2.4 trillion after raking in a total of $US79.5 billion in the last 11 months from metal and emerging market ventures. […]

Bloomberg – Goldman Sachs Group Inc.’s plan to offer clients up to $1.5 billion in Facebook Inc. equity may invite U.S. regulators to take a closer look at whether the owner of the world’s most popular social-networking site is circumventing […]