Bloomberg – John Paulson, Louis Bacon and Andreas Halvorsen navigated the global market turmoil of 2008 with little or no damage. They weren’t as successful last month as the Dow Jones Industrial average had its worst May since 1940. Hedge […]

NYT – The House passed a bill on Friday that would end a tax break for executives of investment funds, leaving hedge funds, private equity firms and venture capitalists scrambling to ease the effects of the bill before it is […]

NYT Dealbook – Many are earning money, look well capitalized and have reported three consecutive quarters of declining loan losses. Yet the sell-off of the last six weeks has lopped up to a fifth off the value of large and […]

The Independent – Many hedge funds are so poorly run, have such volatile performance and high exposure to risk, that investors need greater protection from regulators, a study published today by the European School of Management & Technology concludes. The […]

CNN – The government unveiled two high-profile cases of financial fraud Thursday as federal regulators look to crack down on Wall Street shenanigans. The Securities and Exchange Commission said Pequot Capital Management, a Connecticut-based hedge fund, agreed to pay $28 […]

Telegraph – Being called the godfather of the British hedge fund industry might not appeal to sensitive members of this secretive profession but Stanley Fink seems to like it. “I hope that people mean it in the positive sense, not […]

Post Gazette – Allegheny and Westmoreland counties are trying to reduce their pension funds’ exposure to the volatile stock market through a relatively new type of investment based on life insurance policies. The two governments’ modest investments in life settlements […]

Bloomberg – Steven Eisman is shorting, or betting against, shares of higher- education companies because of the parallels he sees to the housing market, where prices began to fall in 2006 as loan defaults by homeowners with poor or limited […]

Pensions & Investments – U.S. pension funds with nearly a decade of hedge fund experience under their belts remain strongly committed to the asset class, and some intend to put more money there this year. Only 13 pension plans were […]

BusinessWeek – A senior adviser to China’s $130 billion state pension pool and a former Asia prime brokerage head at Morgan Stanley are teaming up to start a China-focused hedge fund in September. Hong Kong-based JT Capital Management Ltd. is […]

Times Live – If investment banks were permitted to create murky products out of bundled-up mortgages that home owners were unlikely ever to repay, then hedge funds were going to trade them. Any money manager worth his salt will try […]

LoHud (NY) – James Nicholson, a former Rocklander convicted of stealing millions of dollars from 400-plus hedge fund investors, takes the first step toward prison today at a pre-sentencing hearing in U.S. District Court. During the hearing, a prelude to […]