Business Insider – Hedge fund managers have good reason to worry about the charges in the press that they colluded to bring down the Euro. Regulators and lawmakers follow the press on these cases often without regard to their legal […]

Reuters India – Hedge fund investors could be left out of pocket as managers conjure up shortcuts to earn once again the lucrative bonuses based on performance fees that were a feature of the industry before the credit crisis. Despite […]

Reuters – Forcing hedge fund advisers to register with U.S. regulators will give Wall Street cops more ways to access information and root out fraud in the secretive $1.5 trillion industry, a U.S. Securities and Exchange Commission official said on […]

Reuters – Hedge fund firm Toscafund, will launch later this month a UCITS III version of its mid-cap fund following demand from private clients, its chief executive said on Tuesday. The UCITS version fund will be launched in mid-March on […]

WSJ – Elliott Associates LP, a hedge fund that holds an 8.5% stake in Novell Inc., offered to buy the rest of the software company for about $1.8 billion. Novell shares, which were off 1% in 4 p.m. trading, surged […]

Bloomberg – Justin Pollock, a former portfolio manager at Galleon Group, and three others he worked with in Singapore at the U.S. firm that closed, joined CastleBay Capital Management Pte and will start an Asian equity hedge fund. Pollock, 34, […]

BusinessWeek – An ex-Polygon Investment Partners LLP team led by Anthony Correa and Hani Abuali will start an Asia hedge fund as early as this month to trade securities affected by events such as mergers, said three people with knowledge […]

Reuters – The U.S. Justice Department has launched an investigation into whether hedge funds might have acted together betting against the euro, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The newspaper said the department […]

Reuters – Private equity firm BC Partners BCPRT.UL will target wealthy sovereign funds when its next 6 billion-euro ($8 billion) fund hits the road in the second half of the year, the firm’s managing partner said. BC Partners hopes that […]

Reuters – Global hedge funds posted small gains in February as many prominent managers steered clear of stocks and bet against Europe’s common currency, analysts at Bank of America Merrill Lynch said. The average hedge fund gained 0.34 percent last […]

WSJ – GAM Holding AG said Tuesday that 2009’s pro forma profit fell on the year, in part because investors are still shying away from hedge fund investments, and repeated its intention to spend excess cash on potential acquisitions. GAM […]

WSJ – Och-Ziff Capital Management LLC had another positive month in all its main hedge funds, and the New York hedge fund manager’s assets under management increased $600 million during the month, according to a regulatory filing. The assets under […]