Former and perhaps, future First Daughter Chelsea Clinton is getting a new job – and probably a big raise. Clinton is taking a post at the Avenue Capital Group, a hedge fund run by supporters of her mother, according to […]

NEW DELHI, NOVEMBER 3:  Reserve Bank of India (RBI) Governor Y V Reddy today expressed concern over the functioning of hedge funds globally and said that it could be a source ofpotential threat to financial markets. “Lack of transparency in […]

Three movers and shakers from Seattle’s business community are coming together to form a new hedge fund called L1. The partners in the fund, which is in the early stages of formation, are Zillow.com Chief Executive Rich Barton, Second Avenue […]

In the aftermath of more than a few blowout hedge fund losses, regulators, investment fiduciaries, and compliance officers are paying close attention to hedge fund valuation practices. As recently asJune 2006, U.S. SEC Commissioner Roel C. Campos described the urgent […]

Nov. 2 (Bloomberg) — You promised investors 15 percent, 20 percent, 25 percent returns. You took their money, subtracted your 2 percent fee, cranked up the spreadsheet and rolled your balls on the global roulette wheels. And now, Mr. or […]

A little-known contractor whose hedge-fund parent last month appointed John Snow, former US treasury secretary, as its chairman is leading a strong push to win a multi-billion dollar military contract currently held by Halliburton. IAP Worldwide Services – owned by […]

ANAHEIM, Calif., Nov. 1 /PRNewswire-FirstCall/ — Multi-Fineline Electronix, Inc. MFLX, a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, announced today that it has filed an amended complaint in […]

LONDON (Reuters) – The fund of funds team at Henderson told Reuters it has invested in the Cartesian UK Opportunities fund, a portfolio run by a Resolution Asset Management-backed boutique fund firm. Cartesian Capital Partners was set up last year […]

If a hundred experts were asked to identify the 25 things that need fixing in the U.S. economy today, I doubt that increasing the amount of borrowed money available to hedge funds would be on any list. After all, we’ve […]

Hedge funds increasingly are pressuring executives to either shape things up or ship out, but a new study suggests their demands aren’t doing much to improve the financial health of the companies they target. Researchers at New York University concluded […]

NEW YORK – Hedge funds are known for playing hardball to boost their returns, and now they’re using those tactics on companies caught in the stock-option scandal. Many of those companies – which include names such as Vitesse Semiconductor Corp., […]

NEW YORK, Oct 31 (Reuters) – Morgan Stanley is expected to announce plans to buy hedge fund firm FrontPoint Partners LLC for about $400 million as early as Tuesday, a person familiar with the talks said, as the investment bank […]