Billionaire investor John Paulson correctly anticipated merger activity in the energy sector, making him one of the big winners of Whiting Petroleum's purchase of Kodiak Oil & Gas.
Private equity firm KKR continues to expand its offerings, this time buying a stake in hedge fund firm BlackGold.
While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor.
The S&P 500 may have rallied 6 percent during the first half of the year, but the average hedge fund appears to have trailed that substantially-the exceptions being seasoned stock and bond pickers who managed to outperform their peers with careful research and fortunate timing.
Blackstone Group, already the largest investor in hedge funds, is signing on a team of three traders for the first such fund that it will manage directly, according to two people with knowledge of the plans.
Three technology stock traders have left the Boston office of Steven A. Cohen’s nearly $10bn family office over the last week in a new round of defections at a firm that is still dealing with the fallout from a significant insider trading investigation.
Man Group has announced that it has entered into a conditional agreement to acquire Numeric Holdings LLC.
Fortress Investment Group hired two foreign-exchange specialists including Citigroup's Jeffrey Feig, taking advantage of turmoil at global currency dealers to bolster its hedge funds.
The Securities and Exchange Commission has sounded a warning to Wall Street and corporate America, taking aim at a hedge fund not only for improper trading - but for punishing the employee who blew the whistle on the wrongdoing.
Rajat Gupta, the former Goldman Sachs director found guilty of insider trading in 2012, asked the U.S. Supreme Court to allow him to remain free on bail so he doesn’t have to report to prison next week.