Bloomberg- Fortress Investment Group LLC, the private-equity and hedge-fund manager overseeing $40 billion, plans to start a commodities hedge fund after energy, metals and agriculture prices climbedto records. The Drawbridge Commodities Fund will be managed by William Callanan, according to […]

Forbes- Eze Castle Integration, Inc., a leading provider of technology and IT services to hedge funds and investment firms, today announced its Eze Managed Suites in New York City. Located inMidtown, Eze Castle’s fully managed suites bundle hedge fund-specific technology […]

FinAlternatives- HSBC it taking its alternative investment products to the Outback. The firm has launched HSBC Alternative Investments in Australia to distribute funds of hedge funds to local investors. HAIL Australia will target institutional investors as well as asset consultants […]

Boston Globe- The decision by the world’s largest sovereign wealth fund to invest billions in struggling Citigrouphas highlighted the growing economic power of Arab Gulf states, awash with money because of high oil prices. US officials have voiced concerns about […]

Guardian Unlimited- A hedge fund controlled by Jon Wood, the former star trader at investment bank UBS, has become the biggest shareholder in Northern Rock. The fund raised its stake to 8.5%, itemerged yesterday, indicating Wood’s determination to play a […]

Wall Street Journal- U.S. airlines are once again flirting with potential mergers. But this time, hedge funds are providing some of the push. Pardus Capital Management LP, an investor in both Delta Air Lines Inc. and United Airlines parent UAL […]

Cincinnati Post- Ohio’s universities are increasingly risking surplus money from taxpayers, tuition and other sources in hedge funds, but critics say they’re wary of the unorthodox investmentstrategies used by the unregulated private investment plans. After a 2002 change to state […]

London Stock Exchange- August’s stock market turmoil was the result of de-leverage and re-leverage activity in the quantitative hedge fund sector, it has been suggested. Research conducted by Lehman Brothers Alternative Investment Management (LBAIM) concluded that too many quantitative hedge […]

Times Online- Northern Rock’s two largest shareholders will force the troubled bank to hold an extraordinary general meeting (EGM) next month, in an attempt to halt a fire sale of the company’s assets. RAB Capital and SRM Global, two hedge […]

Bloomberg- Hedge funds are shifting Asian investments out of Japan because of lower returns and poor corporate governance in the region’s biggest economy, said Kathy Matsui, Goldman Sachs Group Inc.chief strategist in Tokyo. Japan’s average return on equity will be […]

Morningstar- The latest chapter in the sorry saga of the Portus group of companies was written last week. One of the two co-founders of the disgraced hedge-fund marketing machine was led away from aToronto courtroom in handcuffs to begin serving […]

Wall Street Journal- Hedge funds have become famous for using borrowed money to boost their returns. But the upheaval in credit markets is shedding light on another way they use it: to make themselves look bigger than they really are. […]