01/04/2016
RCS Capital to File Prearranged Bankruptcy
Once RCAP emerges from bankruptcy, the restructured company plans to focus solely on its retail brokerage services.
Alternative Investments
01/04/2016
Hedge Funds’ Idea Man
Ari Bergmann has been an under-the-radar consultant for some of Wall Street’s most influential investors
12/31/2015
Hedge fund Hercules earns year’s top buy at $91.54M
It’s been quite the year for the city’s residential real estate market.
12/31/2015
Whitebox To Liquidate Its Mutual Funds As Redemptions Rise
The funds are all in cash and all redemptions are being met, Kaiyalethe said.
12/31/2015
One woman blew away her hedge fund peers in 2015 using her own money
With those sort of returns, Ko is certainly a standout in 2015
12/31/2015
Bommer Is Returning Money From Hedge Fund SAB After 17 Years
Billionaire Michael Platt is ending his 15-year career of managing client money
12/31/2015
Golfer’s Hedge Fund Makes Bid For Nabi Tablet Maker
Golfer Greg Norman’s fund bids $10 million for children’s tablet maker Fuhu
12/31/2015
How to Talk Clients Out Of 'Can't Lose' Investments
He suggested they hold off for a few months and keep an eye on it
12/30/2015
Whitebox Advisors Buckles Under Weight Of Redemptions
Whitebox’s mutual funds, which collectively held more than $300 million, were closed to new purchases on Dec. 17.
12/30/2015
‘Bond predators’ on Puerto Rican debt want their bailout
A Chapter 9 bankruptcy would cost American taxpayers about nothing, but hedge funds are pushing for a bailout.
12/30/2015
The cofounder of one of Wall Street's elite conferences is shutting down his hedge fund
Seneca, an event-driven fund, closed the year down 6%.
12/29/2015
For Sale (to Women Only)
From financial advice to house-cleaning, plenty of companies sell their services only to ladies. Is this more than savvy marketing?
12/29/2015
NFP Acquires Absolute Advantage Insurance Services
Acquisition extends property & casualty services in Southwest region
12/28/2015
Regulatory changes impacting high-yield liquidity
This high-yield decline will go down as an important example of the effects of regulations on liquidity for years to come.
12/27/2015
DST Systems subsidiary to acquire Kaufman Rossin Fund Services
KRFS has offices in Miami, Boston, San Francisco, Dallas, and Grand Cayman
12/24/2015
Vineer Bhansali launches new asset management firm and portfolio manager
Vineer Bhansali has formed LongTail Alpha, a new investment management advisory firm that will provide qualified investors with the opportunity to benefit from the experience of one of the most accomplished tail risk experts in the financial industry.
12/24/2015
How the Third Avenue Fund Melted Down
Years of discord ended in a final showdown, with CEO David Barse escorted from the building
12/24/2015
NextCapital's Funding Lesson: Unique is Valuable
The run-of-the-mill robo isn't going to attract investments anymore
12/24/2015
New York hedge fund buys stake in The Carlyle Group
While the total purchase price was not disclosed, it appears to equal, at minimum, $106 million if the stock was purchased at The Carlyle Group’s recent low of $15.06 a share.
12/23/2015
Wipro to acquire hedge fund administrator
It is a leader in shadow-accounting services and offers a full range of middle and back-office outsourcing through its 400+ employees.