Common Sense Investment Management has poached another Société Générale (Euronext Paris: GLE-FR) executive as it continues to rebuild after the arrest of its founder in a prostitution sting and the loss of most of its clients.
Bridget Firtle worked for a hedge fund on Long Island before leaving for a career in cocktails.
Hedge fund executives in London saw bonuses plummet last year, resulting in their pay packets being less than half of what they were 12 months ago.
Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.
A former associate dean from the Massachusetts Institute of Technology school and his son, a Harvard Business School graduate have been caught running a hedge fund scam, say authorities looking at Bernie Madoff’s Ponzi scheme.
Goldman Sachs is cutting off some hedge fund clients and even pulling cash from its own hedge funds as it looks to cope with tough new banking rules, according to a report.
Paul Singer is not your average Wall Street hedge fund manager.
Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world’s largest miner of the precious metal.
Argentina is on the brink of its second debt default since the turn of the century , as hopes fade that last-minute talks will hammer out a deal with vulture fund bondholders.
John Paulson’s hedge funds made almost $1bn on his investment in OneWest Bank, which is being purchased by CIT Group for $3.4bn in cash and stock.