Financial Times – The decision to strike out court proceedings, launched with the aim of forcing the winding up of a Cayman-based hedge fund, has been criticised by Laven Partners. The firm has said the Cayman Islands Court of Appeal’s […]

Reuters – Federal prosecutors are continuing “covert investigations” of two people in the Galleon hedge fund insider trade case, according to a court document made public on Wednesday. The disclosure raises the prospect of additional arrests in a case described […]

Bloomberg – Senator Tom Coburn had what he thought was irrefutable evidence. Goldman Sachs Group Inc. trader Josh Birnbaum had recommended betting against the stock of Bear Stearns Cos. in July 2007, just four months after his colleagues sold a […]

Reuters – An ex-hedge fund trader, Anjam Ahmad, has been charged with one count of conspiracy to commit insider dealing as part of the latest crackdown on market abuse by Britain’s Financial Services Authority (FSA). The FSA, which arrested Ahmad […]

FishBowl – A February story in the Wall Street Journal about a meeting in which hedge fund managers discussed the sovereign debt crisis in Greece continues to draw criticism for alleged factual inaccuracies. See, the Journal’s “Hedge Funds Pound Euro” […]

Bloomberg – Hedge-fund managers in London and other European cities are considering offices in Hong Kong, Singapore or Switzerland as European regulators work on tougher rules, said a member of the industry’s largest trade group. The managers could base part […]

Seeking Alpha – Philip Falcone’s hedge fund firm Harbinger Capital Partners recently filed an amended 13G with the SEC due to activity on April 23rd, 2010. In it, we learn that the fund owns a 6.11% stake in Mercer International […]

HFM Week – The UK’s three main political parties have reiterated their broad support for the country’s hedge fund industry in interviews with HFMWeek, prior to next week’s general election, with the Conservatives confirming their commitment to reforming the UK’s […]

Opalesque – Embattled global investment bank Goldman Sachs found an ally in big names from the hedge funds industry, who described the U.S. Securities and Exchange Commission (SEC) charges against it as “childish” and all drama. Activist hedge fund Ken […]

Reuters – The U.S. Securities and Exchange Commission is taking a closer look at whether hedge fund managers abused a practice known as “side pockets” to prevent clients from withdrawing billions of dollars during the 2008 financial crisis, the Wall […]

Seeking Alpha – Out of the woods, but still a bit dazed and confused and more than a little circumspect: That’s the message from Ernst & Young’s annual survey of senior executives at 100 of the largest global hedge funds, […]