Reuters- AQR Capital Management LLC, one of the world’s largest hedge fund managers, has received commitments from new and current investors to pump about $1 billion into several of its funds, theWall Street Journal reported on Tuesday, citing an unnamed […]

 Financial Times- For anyone worried hedge funds could spark another market crisis, Wednesday is a red letter day: the final chance for investors to put in demands for their money back by the end of September at many funds using […]

Minneapolis Star Tribune- A Hennepin County district judge has ruled that a hedge fund operated by former Vikings co-owner Jim Jundt and his son Marcus must pay the fund’s former star manager nearly$2 million in unpaid bonuses. Last week, Judge […]

Business Report (Bloomberg)- Barclays might have “significant” risks to earnings growth resulting from loans to hedge funds and private equity firms, stockbroker Panmure Gordon said yesterday. In addition to exposure to asset-backed commercial paper, which may contain high-risk assets including subprime […]

Reuters- Market turmoil caused by the U.S. subprime meltdown could mark the start of a financial crisis, said Scottish fund firm Blue Planet Investment Management, which has removed most of its hedgefund’s long and short bets. “I think we are […]

Wall Street Journal- U.S. lawmakers are examining yet another tax perk enjoyed by hedge funds: Many of these funds lend money like banks, but unlike traditional lenders, often don’t pay U.S. taxes onthe profits. Hedge funds, which control liquid pools […]

The Independent- Goldman Sachs has been forced to pump $2bn (£1bn) of its own cash to bail out its in-house hedge funds, after they lost $3bn in a single week. The investment banking titan said that its biggest funds would […]

Bloomberg- Threadneedle Asset Management Ltd., the London-based money manager owned by Ameriprise Financial Inc., agreed to buy Convivo Capital Management Ltd. to expand its emerging-markethedge-fund business. Julian Adams, chief executive officer of Convivo, will join Threadneedle and run the company’s […]

Houston Chronicle- It’s hedge funds, not houses. That’s the take of some economy watchers trying to best explain the recent unraveling in the stock market. “This is 90 percent Wall Street and 10 percent Main Street,” Jack Ablin, chief investment […]

Reuters- France’s biggest listed bank, BNPParibas, froze 1.6 billion euros worth of funds on Thursday, citing U.S. subprime mortgage sector problems. The news sent shivers through nervous financial markets. It came as Germany’s Bundesbank met to discuss a rescue package […]

BusinessWeek- Turkey’s stocks are appreciating at a rapid clip. Straddling Europe and Asia, Turkey teeters between Western secular democracy and ancient traditional culture. But this vast nation of 73 million has a modern, robust economy and may one day join […]

Reuters- Emerging markets fund firm Fabien Pictet & Partners said on Thursday it had taken over management of an Asia ex-Japan focused hedge fund from Jade Absolute Fund Managers after its fundmanager retired. The portfolio, currently less than $10 million […]