Seeking Alpha- Hedge funds tend to report better than average returns in December. This isn’t the greatest surprise, since they can earn massive incentive fees (typically 20% of gross profits) based on their year-end performance. As discussed in their paper […]

Washington Post- The subprime crisis that has caused so much trauma for hedge funds and investment banks has brought only good news for John Paulson. He is the manager of more than $7 billion in hedge fund money keyed to […]

Telegraph.co.uk- When the directors of pub group Mitchells & Butlers glance down their company share register they could be forgiven for not immediately recognising the names of all their owners. While Man Financial and Cantor Fitzgerald, hedge funds with huge […]

Chicago Tribune- Citadel Investment Group is sinking about $2.5 billion into E-Trade Financial Corp., which has been hurt by shaky mortgage investments, largely because it is a fan of the online discount brokerage’s business model. The Chicago-based hedge fund, one […]

New York Post- A pair of hedge funds that are getting battered by the choppy markets of the past few months are serving as a stark reminder that the pain inflicted on the once white-hot hedge-fundsector isn’t only confined to […]

FinanceAsia- At the forefront of the nouvelle vague, Hong Kong’s design and build specialists are filling the aesthetic gap when designing work-pads for hedgies.   ‘Renting office space’ is high on the to-do list when setting up a hedge fund. However, […]

Chicago Tribune- In a sign of continuing woes for hedge funds that use computer models to trade, GMN Capital has decided to close down and will return its investment capital, the fund’s chiefexecutive said. James Claus, who also is a […]

New York Times- Millbrook Capital, the activist hedge fund seeking a breakup or sale of the Brink’s Company, is expected to announce its four nominees today for directors of the security company. The announcement is the next step in Millbrook’s […]

Financial Times- Hedge funds aiming to profit from activism and corporate events have been hit hard this month as a raft of deals fell through and markets plummeted. The so-called event-driven sector, which includes many of the best-known activist hedge […]

Bloomberg- The worldwide slump in credit markets is likely to last for at least another year, triggering a reduction in leveraged buyouts, according to a survey of banks, private-equity managers andhedge funds in Europe. Borrowing will be constrained as investors […]

Reuters- Hedge fund firm Pequot Capital Management, whose flagship fund gained 37 percent this year, will soon shut down three smaller portfolios due to “poor” performance and meager assets, twopeople said on Wednesday. The $7.5 billion hedge fund firm will […]

Business Week- In the housing market, the bad news just keeps coming. Nov. 27 gave us the latest release of one leading index which shows that home prices are falling at their steepest rate in 21 years. And there may […]