Bloomberg – Barclays Plc, the U.K.’s third- largest bank by assets, said it increased the number of people on its prime services team in Asia by about 65 percent as more international hedge-fund managers trade the region’s markets. The Barclays […]

WSJ – The European Commission wants to ensure that overseas hedge funds are given “equal treatment” under the European Union’s new rules for hedge funds and private-equity firms, the commission’s top policy maker on financial regulation said Monday. The issue […]

Reuters – UK fund manager Gartmore said clients withdrew more than 1 billion pounds ($1.46 billion) in the wake of the suspension of one its top fund managers, highlighting the “key man risk”, which haunts the sector. Gartmore suspended Guillaume […]

Reuters – Private equity, real estate and hedge fund managers are increasingly resigned to a tax increase on their profits as lawmakers get set to vote next week on a long-delayed measure. At issue is a change in the tax […]

WSJ – The U.S. and European Union have yet to come to a specific agreement regarding the regulation of overseas investment funds but maintain they are on the same page in principle. In a statement issued after a meeting of […]

BusinessWeek – Bayview Asset Management Co., a Tokyo-based investment boutique, will hire Alphex Investments Co. President Ichiro Takamatsu in July and fold some of the 1 billion yen ($10.8 million) fund he manages into its own. Alphex, a Tokyo-based hedge-fund […]

NYT – Former Lehman Brothers Asia executives, who headed the bank’s structured products division and its syndicate business, have launched their maiden hedge fund investing in distressed structured credit assets, Oracle Capital, Reuters reported. Oracle Investment Fund, targeting assets of […]

BusinessWeek – “AMD on August 1st, now 13th,” Rajaratnam wrote in an Aug. 2, 2006, instant message sent to an RBC Capital Markets analyst. The analyst responded: “Hey, for the tickets have to choose package B?” “What’s going on?” Securities […]

Bloomberg – James Walsh, the departing endowment chief at Cornell University, plans to start a $150 million hedge fund with performance fees that are spread out over three years. The fund, named Cayuga Capital Partners for Cayuga Lake near Walsh’s […]

ABC News  – Former Lehman Brothers Asia executives, who headed the bank’s structured products division and its syndicate business, have launched their maiden hedge fund investing in distressed structured credit assets, said the partners in the fund firm, Oracle Capital. […]

Bloomberg – White House budget director Peter Orszag predicted Congress would approve higher taxes on managers of private equity firms, real estate funds and other investment partnerships in the coming weeks. Orszag, speaking yesterday at a conference in New York […]

WSJ – The U.S. and European Union have yet to come to a specific agreement regarding the regulation of overseas investment funds but maintain they are on the same page in principle. In a statement issued after a meeting of […]