01/06/2012
GlobeOp Financial Services is in talks with private equity firms Advent International Corporation and TPG over possible takeover offers, as the hedge fund services firm carries out a strategic review to try and boost its share price.
01/05/2012
The dispute led to a series of meetings Tuesday involving Jefferies executives and its global head of prime brokerage, Glen Dailey, the people said.
01/04/2012
Eddie Lampert, one of America's wealthiest hedge fund managers, is battling to save Sears after one of the country's oldest department chains saw sales plunge over Christmas.
12/28/2011
The new fund, Carlyle Global Financial Services Partners II, has a minimum commitment threshold for investors of $10 million and intends to fundraise for more than a year
12/27/2011
The new fund will invest as much as 50 percent of its assets in U.S. companies, with the rest allocated to Europe, China, Taiwan, Korea and Japan
12/27/2011
Hedge funds have suffered their second worst year on record as volatile markets, plunging commodities and political uncertainty torpedoed the investment plans of even the $2 trillion (£1.28 trillion) sector's biggest stars.
12/23/2011
Prominent hedge-fund manager Philip Falcone has rejected a Securities and Exchange Commission settlement offer that would have banned him from the securities industry and essentially ended his career, people familiar with the matter said.
12/12/2011
The sources, who didn't want to be identified because the SEC hasn't made the letters public, said the termination letters were sent out a little over a month ago.
12/05/2011
The addition of these two exchange traded funds (ETFs) strengthens State Street’s family of fixed income ETFs, which now includes 26 SPDR ETFs that provide precise access to a wide range of fixed income investments.
12/05/2011
The portfolio managers of the Macro Allocation Fund are Brian D. Singer, Edwin Denson, and Thomas Clarke. Messrs. Singer, Denson, and Clarke are members of William Blair's Dynamic Allocation Strategies Team, a group that has worked together for more
12/05/2011
The move helps fund companies defend against poaching, protect their funds' returns, and shield themselves from the level of outflows seen at competing firms after their high-profile stars have flamed out.
12/01/2011
Each hedge fund can expect to receive between $75 million and $150 million from Goldman's fund, which is expected to raise about $1 billion in total, the WSJ said.
12/01/2011
The growth of assets in alternative registered funds continues at a steady pace; by the end of September 2011, the U.S. had roughly 760 alternative mutual funds and ETFs, 150 of which had been launched year-to-date in 2011.