Private Equity Beat (WSJ) – Limited partners have begun to come out of their foxholes after laying low for much of 2009. But their own liquidity issues and concerns about capital overhang may keep the flow of new money to […]

Reuters – “Tell me anything that I haven’t heard before,” is a typical inquiry posed by employers at hedge funds when they interview prospective hires. Such firms ranked as the toughest interviewers in the financial services industry, according to a […]

Bloomberg – Securities and Exchange Commission investigators are increasing scrutiny of U.S. companies’ offshore operations amid concern that accounting controls may be too weak, the head of the agency’s San Francisco office said. “Some of the old-fashioned revenue recognition and […]

The Business Insider – Hedge funds have been circling for new carrion to devour in the next economic slowdown and have found a big fat target in the for-profit educational sector. The industry is ripe for the taking. For two […]

Hedge Tracker – The chance to turn your virtual cash into the real thing on the Hollywood Stock Exchange is set to begin at the end of June. The futures market regulator, the CFTC, is moving forward on approving trading […]

MJ – James Comey, the former Deputy Attorney General who in 2004 infuriated the White House by refusing to along with the Bush administration’s warrantless domestic eavesdropping program, is stepping down as general counsel and vice president at Lockheed Martin […]

BusinessWeek  – Wall Street’s biggest firms are considering the suitability of selling opaque financial products to governments, endowments and not-for-profit institutions after the contracts magnified credit-market losses that plunged the U.S. into a recession. “There is no distinction among very […]

Reuters – Finance ministers from the G20 group of industrial and emerging countries meet in Busan on June 4-5 to review pledges made in 2009 to strengthen regulation and learn lessons from the financial crisis. The focus is on the […]

WSJ – Gartmore Group said U.K. regulators are investigating Guillaume Rambourg, a star manager the firm suspended and then reinstated earlier this year after he broke internal trading rules. The announcement sent the London-based asset manager’s shares sharply lower Tuesday, […]

Reuters – Not much of anything worked for investors in May, including those known to be the savviest of the bunch. BP’s failure to stop oil from gushing into the Gulf of Mexico caused tumult in the commodities markets. U.S. […]

WSJ – New hedge fund research finds investors chase performance at all costs irrespective of the risks involved and that the introduction of strict regulation by the European Commission should be welcomed to protect investors and prevent systemic risk. The […]

BBC – One of Scotland’s leading investment houses has expanded its hedge fund activities by acquiring a business with £190m under management. Edinburgh-based Martin Currie Investment Management said it had taken over equity trade specialists Sofaer Capital European. Read Complete […]