Steven A. Cohen’s Point72 Asset Management made a gross profit of at least $2.5bn in 2014, according to a person familiar with the matter.
Thomas Gilbert Sr., the 70-year-old New York money manager found shot to death in his Beekman Place apartment, was a pedigreed Wall Street veteran who spent years as a private equity investor, the CEO of an online teacher education company and, most recently, a hedge fund manager.
Hedge-fund manager Paul Tudor Jones is closing the Tudor Futures Fund, the first hedge fund he ever opened, in order to focus on his far larger flagship fund, Tudor B.V.I. Global, according to people familiar with the matter,
Critics love to hate hedge funds' relatively high fees, low performance and secrecy. But the industry is managing more money than ever-and is poised to grow even more in 2015.
Ray Dalio's hedge fund Bridgewater Associates is poised to grow even larger.
Meredith Whitney’s hedge fund is being sued by its biggest investor, a fund connected to billionaire Michael Platt’s BlueCrest Capital Management, as demands to recoup money spill into court, according to people with knowledge of the dispute.
A few billionaire investors have added to their fortunes with big takes in 2014, but others in the hedge fund industry aren't likely to see a fat bonus this year, relatively speaking.
Females who work as investment banking analysts don't keep up with their male counterparts when it comes to landing hedge fund jobs.
When a 17-year-old high school genius in Queen says he made $72m trading, and people believe him, then people don’t understand how finance works.
Hedge funds have managed to weather the market's wild rides over the last two months, posting a performance related increase of $29 billion.
HSBC, one of the largest hedge fund investors in the world, has recently lost four senior people in the private banking unit that is responsible for picking the best money managers for their wealthy clients.
Apple is planning to issue bonds denominated in euros. Here's why it makes financial sense.
Bridget Firtle worked for a hedge fund on Long Island before leaving for a career in cocktails.