WSJ – For those fund managers feeling gloomy about their prospects after the Alternative Investment Fund Managers Directive advanced along various legislative paths in Europe this week – well, they’re probably right to. After all, the passage by both the […]

Reuters – London-based Man Group Plc’s math does not add up — at least when it comes to expanding in the rapidly growing U.S. hedge fund market, where it has been trying to establish itself for years. By merging with […]

BusinessWeek – Kyle Bass, who made $500 million in 2007 on the U.S. subprime collapse, is betting Europe’s debt crisis won’t be solved by the $1 trillion loan package the International Monetary Fund and European Union agreed on last week. […]

MarketWatch – Hedge fund firms and other private investors have shifted their strategies for investing in the wave of bank failures breaking across the U.S. Initially, hedge funds and private-equity investors tried to buy failed banks directly from the Federal […]

CNBC – The latest push for greater regulatory scrutiny of hedge funds will likely be a boon to the biggest, most established hedge funds and a blow to smaller fund managers. Nearly four years ago, the federal courts struck down […]

Bloomberg – European finance ministers are seeking to find a compromise with the U.K. on hedge-fund rules a day after the Parliament approved tougher laws for investment managers in the 27-nation bloc. Yesterday’s vote by the European Parliament’s economic and […]

Bloomberg – An investor in J. Ezra Merkin’s Ascot Partners LP, a feeder fund for Ponzi schemer Bernard Madoff, was awarded $1.75 million by arbitrators who found Merkin intentionally breached his fiduciary duty by not disclosing Madoff’s role in the […]

Reuters – Some prominent hedge fund managers increased their stakes in financial stocks in the first quarter, showing confidence that the U.S. economy is back on a sustainable growth path. Hedge fund manager John Paulson, who famously bet three years […]

WSJ – The biggest lobbying group for hedge funds has handed over names and contact information for its more-than 2,600 members to a congressional commission studying the financial crisis, after the commission demanded it, according to a letter to the […]

Bloomberg – Billionaire Carl Icahn disclosed that his hedge-fund group sold its 4.9 percent stake in New York- based CIT Group Inc. and cut its holdings in Yahoo! Inc. by more than half. Icahn Capital LP listed no CIT holdings […]

BusinessWeek – A European Parliament committee may approve a proposal tonight to force hedge funds outside the EU to agree to transparency standards in exchange for a so-called passport to market to investors in the 27-nation bloc. EU finance ministers […]

Reuters – As regulators in developed markets step up oversight of hedge funds, these free pools of capital are increasingly set to make their home in Singapore and Hong Kong. That will accelerate the flow of talent and foreign funds […]