NYT – Does former Federal Reserve Chairman Paul A. Volcker know the difference between private equity firms and hedge funds? That’s what his testimony in front of Congressional hearing left Private Equity Analyst’s Jennifer Rossa wondering. Mr. Volcker appeared before […]

WSJ – A former employee of London hedge-fund group BlueBay Asset Management PLC has been banned and fined £140,000, or about $224,000, by the U.K. Financial Services Authority for deceiving investors and mismarking the value of funds he ran by […]

NYT – The hedge fund and private equity industry may not have been too pleased with some of the proposals put forth by President Obama in his 2011 budget blueprint Monday, Reuters says. The president once again proposed taxing carried […]

Market Watch – The federal safety net for commercial banks should protect depositors, not speculators, former Federal Reserve Chairman Paul Volcker told senators on Tuesday, urging them to pass the so-called Volcker Rule that would ban banks from trading for […]

Telegraph – The Financial Services Authority and City of London Police have this week written to 6,500 homes across the UK to warn people that their details are on a ‘master’ list being used by share fraudsters to target people […]

WSJ – Commerzbank AG  has wound down its $1 billion (EUR720 million) fund of hedge funds management business, Comas, after abandoning a sale process run by Goldman Sachs. The bank has returned the assets to investors and let the team […]

Business Week – GFIA Pte, a Singapore-based hedge- fund firm and consultant, said it stopped coverage of most Chinese hedge funds because they lack transparency and sold all of its investments with mainland Chinese managers. The value of GFIA’s China-dedicated […]

WSJ – Affiliated Managers Group Inc., the Boston-based holding company of investments in hedge fund groups and other asset managers, Monday said it is taking a majority stake in U.K. fund manager Artemis Investment Management Ltd., formerly a unit of […]

NYT – The hedge fund and private equity industry may not have been too pleased with some of the proposals put forth by President Barack Obama in his 2011 budget blueprint Monday, Reuters says. The president once again proposed taxing […]

WSJ – The U.S. Securities and Exchange Commission would be able to add 374 new investigators, examiners, and other staffers if President Barack Obama’s budget request for close to $1.3 billion for the regulator is granted by Congress, SEC officials […]

Bloomberg – James Sullivan, a former managing director of Millennium Management LLC’s Asian business, said he has been in talks to join another hedge fund or bank since leaving the firm in December. Sullivan and Harvey Liu, who worked with […]

The Huffington Post – In August 2009, just one month after the state of California cut over a billion dollars from its higher education budget, the University of California (UC) turned around and lent the state $200 million. When journalists […]