Author Archives: Editor

WSJ – Citigroup Inc. C -0.44% is no longer a “bad actor” in the eyes of U.S. securities regulators. The Securities and Exchange Commission quietly granted the bank waivers on restrictions that crimped a range of its activities, including selling […]

Bloomberg – Argentina’s determination to avoid the U.S. Court system and sidestep the holdout hedge fund investors that helped drive the country into default continues to enrage the federal judge overseeing the case. U.S. District Judge Thomas Griesa has declared […]

Reuters – New York-based hedge fund startup Raveneur Investment Group has signed up investment giants Blackstone Group LP and Pacific Alternative Asset Management (PAAMCO) as clients, according to sources familiar with the fund. The fund has received $150 million from […]

Business Insider – The closely followed hedge fund manager John Paulson spoke to a room of MBA grads and students on Tuesday evening about hedge fund compensation, among other topics. Paulson, who shot to fame after making billions betting against […]

Bloomberg – Argentina told a U.S. judge that holding it in contempt for disobeying his orders in a bond-payment fight with hedge funds would violate international law. A contempt ruling, sought by Paul Singer’s Elliott Management Corp. and other investment […]

Forbes – Pressures have been mounting on hedge fund managers to hedge their own businesses and diversify away from the hedge fund model itself. Lackluster performance, difficult markets, fees that are perceived as too high, scandals and conflicts of interests […]

CNBC – For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of “unconstrained bond funds” has been thrust […]

NYT – There were two big developments last week that seemed unrelated but are really part of the same big story of how finance is changing. First, Calpers, the gargantuan California public employees pension agency, said it would no longer […]

VC Circle – Delhi-based Reverse Logistics Company Pvt Ltd (RLC), which operates under the brand GreenDust, an e-commerce platform for refurbished goods, is in talks to raise over $100 million in its Series B round of funding, sources close to […]