Reuters- Malbec Partners Inc, a new hedge fund group founded by bond manager Fischer Francis Trees & Watts (FFTW), on Thursday said it expects to raise $1 billion for two new hedge funds,evidence that investor appetite for the $1.9 trillion […]

Daily Telegraph- Hedge funds are finding it impossible to take out new short positions in Northern Rock’s shares. One analyst said this was because some Northern Rock stock is owned by individuals, who have held it since it demutualised and […]

Wall Street Journal- Merrill Lynch & Co., in a bid to slash its exposure to risky mortgage-backed securities, has engaged in deals with hedge funds that may have been designed to delay the day of reckoning on losses, people close […]

Bloomberg – When Josh “The Matrix” Weintraub of Bear Stearns Cos. steps into the boxing ring tonight, he will have 130 supporters in his corner as he fights Goldman Sachs Group Inc.’s Shane“Second Coming” Kinahan in a charity match. Weintraub […]

Business Intelligence Middle East- Dubai International Capital has agreed to buy a $1.25 billion stake in the New York hedge fund Och-Ziff, the latest in a flurry of foreign acquisitions bysovereign wealth funds. Much like the Chinese government’s purchase of a 10% […]

Bizjournals.com- Arizona Sen. John McCain is getting less financial support from hedge funds, private equity firms, pharmaceutical and oil companies, and other controversial business sectors on his presidential bid than former New York Mayor Rudolph Giuliani and New York Sen. […]

MarketWatch- It isn’t just wildfires that are sending people fleeing from the state of California. Proposed new hedge funds rules may push operators out of state to avoid oversight. Hedge fund managers that have fewer than 15 clients and more […]

Forbes- Investors who lost hundreds of millions of dollars when two Bear Stearns hedge funds collapsed in August are joining forces to replace Bear Stearns affiliates and designees as managing parties of the failed entities and set the stage for […]

Reuters – Australian bank Macquarie finally won control of Techem by again raising its cash bid for the German metering company to 1.48 billion euros ($2.13 billion) to sway key shareholders. Macquarie prevailed in a year-long struggle with other investors […]

New York Post – A white shoe New York hedge fund has invested in a Chinese copper company whose management has an eye-popping history of stock problems and regulatory woes. Ospraie Management, a $7 billion New York hedge fund run […]

CNBC- Cunningham Lindsey Group Inc., a Canadian insurance claims servicer, on Tuesday announced a proposal to sell itself for roughly $164 million to a group of investors including its ownexecutives, Fairfax Financial Holdings Ltd. and a team of private equity […]

The Independent- The Financial Services Authority has hit out at hedge fund managers over their “complacent attitude” towards setting up internal controls to prevent market abuse. The criticisms, which followed a series of visits by the watchdog to several London […]