Monthly Archives: February 2013

Hedge Funds Review – While the UK has decided to delay implementation of the AIFM directive, managers need to consider the impact of the rules and decide how they will be able to market and distribute hedge funds in Europe. European-based […]

Thompson Reuters – Ever since Goldman Sachs agreed to pay $550 million to resolve claims by the Securities and Exchange Commission that it deceived investors in the Abacus collateralized debt obligation, there’s been a giant question mark hovering over the […]

Reuters – John Paulson’s hedge fund will have to defend claims that his firm conspired with Goldman Sachs Group Inc to fraudulently induce a bond insurer to guarantee payments on risky debt, court papers show. Bond insurer ACA Financial on […]

Bloomberg – First, hedge fund titans Bill Ackman, Carl Icahn and Daniel Loeb tussled publicly over whether Herbalife Ltd. (HLF) is a pyramid scheme. Now their names are popping up online in ominous-sounding domain names, including “therealcarlicahn.com” and “therealdanielloeb.com.” While […]

CNN – The FBI on Monday unveiled a videotaped message from the actor who played the infamous fictional insider trader Gordon Gekko to help bolster a wide-ranging attack on financial crimes. At an FBI headquarters briefing on the stepped-up fight […]

Baltimore Sun – Bridgewater Associates, the world’s biggest hedge fund, handed clients $13.8 billion last year, catapulting founder Ray Dalio above long-time rivals such as George Soros and John Paulson as the industry’s biggest money maker in 2011, research showed. Bridgewater’s flagship Pure Alpha […]

Reuters – Bold merger arbitrage funds are set to enjoy rich pickings this year amidst a rebound in M&A activity, helped by the reluctance of many investors to trade complex deals after last year’s choppy markets, says hedge fund firm […]

CNBC – Last year was one of the worst on record for hedge funds, but the industry appears to be shrugging off the bad times. According to Deutsche Bank’s latest Alternative Investment Survey, hedge fund assets are expected to rise […]

Bloomberg – On the lengthy list of things Dan Zwirn has lost, a few items jump out. There’s the $17 million condo on Central Park South, the summer place in Quogue, New York, and the $18 million Gulfstream IV jet. Then there’s D.B. […]

Proactive Investor UK – Healthcare Locums lost a fifth of its value in early trade after revealing that an American hedge fund has filed proceedings against the recruitment firm. The proceedings have been filed by Permian Master Fund, Permian Investments […]

Advanced Trading – Today’s American mafia bears little resemblance to the shadowy, fearsome organization that captured the nation’s imagination throughout the 20th century. During the 1980s and early 1990s, crime bosses like John Gotti, Vincent “The Chin” Gigante, and Paul […]