(Bloomberg) Two high-profile hedge funds accused one of India’s biggest real estate developers of defrauding its foreign investors out of as much as $1.5 billion, potentially one of the largest private equity scams ever. IREO Management engaged in a billion-dollar […]

(Reuters) A divided federal appeals court on Monday upheld the insider trading conviction of Mathew Martoma, a former portfolio manager for billionaire Steven A. Cohen, finding enough evidence to establish guilt despite defective jury instructions. In an unusual 2-1 decision, […]

(New York Times) Hedges and private-equity firms are deepening their involvement in big-ticket personal-injury lawsuits against drug companies and medical device manufacturers. Investment firms are lending money to law firms that bring so-called mass torts and providing cash advances to […]

(Harvest) With the global economy moving into its late-cycle stages, we think it’s a good time to bolster portfolio inflation protection by embracing several recently unloved investments—including natural resources and commodities. To read this article:

(Harvest) The Federal Reserve this week increased its target short-term rate to a range between 1.75% and 2.00%. The move marked the latest step in the Fed’s campaign to bring monetary policy back to normal after pumping the economy full […]

Opalesque How does one get a lead in the extremely competitive environment that is the hedge fund industry – especially funds of under $100m? Don Steinbrugge, a veteran asset raiser and head of US-based marketing firm Agecroft Partners, says it […]

(Reuters) Billionaire hedge fund manager William Ackman, whose investment assets have shrunk by more than half in the last three years, has made a second round of staff cuts and laid off three investor relations team members, two sources familiar […]

(Bloomberg) Greg Coffey, the former star manager at Moore Capital Management who started trading at his own firm this year, is comparing the turmoil in May to the end of dotcom bubble in 2000. Horseman Capital Management’s Russell Clark, one […]

(Reuters) Billionaire investor Steven A. Cohen promoted an executive at his Point72 Asset Management to lead the firm’s effort to raise fresh capital now that his ban on managing money for outside clients has been lifted. Laura Sterner was named […]

(Hedgeweek) BNY Mellon is now live with foreign exchange options, enabling clients to better hedge currency exposure and express their views on the future direction of FX markets. To read this article:

(Bloomberg) For Dan Sundheim, who starts trading outside capital at his new hedge fund in mid-July, it might as well be 2007. That’s when hedge fund managers dominated Wall Street. They could charge high fees, impose long lock-ups on capital […]