Bloomberg – Derwent Capital Markets, a family- owned hedge fund, will offer investors the chance to use Twitter Inc. posts to gauge the mood of the stockmarket, said co-owner Paul Hawtin. The Derwent Absolute Return Fund Ltd., set to start […]

Bloomberg – The U.S. Securities and Exchange Commission wants Galleon Group co-founder Raj Rajaratnam to turn over his copies of wiretaps made by the Justice Department for a related civil suit after a judge ruled they’re admissible in the government’s criminal prosecution […]

The Post Chronicle – The U.S. Federal Reserve does not believe any one hedge fund can topple the financial system and therefore the private pools of capital may escape direct supervision by the central bank, an industry source familiar with […]

Reuters – Their names invoke bubbling brooks and tropical islands, but now a host of obscure hedge funds may be bringing Wellington Management Co some unwanted attention. The secretive Boston money manager is one of more than 20 firms, mainly […]

WSJ – A key cooperating witness working for the U.S. in a major insider-trading investigation made more than 60 calls with corporate managers, seeking to gather evidence for the government, a person familiar with the probe says. The activity by […]

Minneapolis Star Tribune – Sebastian Mallaby, a veteran journalist who has worked for the Washington Post and the Economist, came out this summer with what has been described as the definitive study of the hedge fund industry with his book […]

NY Observer – The United States Federal Reserve, which is charged with overseeing the financial system, is not convinced that there’s any hedge fund that could endanger the entirety of U.S. capitalism, and therefore it’s not convinced that the funds […]

NYT – At a fairly young age, Jessica Fashano had dedicated much of her life to helping others, heightening her commitment to charitable work as she rose in the banking world. She spearheaded fund-raisers for the Acumen Fund, which makes small-business […]

Reuters – Some U.S. money managers may find their New Year’s Day hangover lasting well into 2011 as federal investigators step up arrests in a widening Wall Street insider trading probe. Legal experts say Thursday’s arrest of three technology company […]

New Jersey Business – Joseph Contorinis was in a mood to celebrate his big score, so he made reservations for dinner at one of Manhattan’s most expensive restaurants. The tab for sushi and sake at Masa came to $1,150, but […]

Opalesque – A roundup of the week’s hedge fund launches, closures, index performance, trends, regulatory, legal and financial events pertaining to the alternative investments industry. Last week, we heard of fund launches James Chanos (hedge fund); John Paulson (Ucits fund); […]

Bloomberg – Copper rose for a second day in London amid speculation that the U.S. economy is recovering and after hedge funds increased bets the metal may gain. U.S. third-quarter growth may be revised to an annualized 2.8 percent, the […]