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Hedge Funds

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Financial Markets

SAC Capital Settlement Talks Fall Apart: Source

Settlement talks between Steve Cohen's hedge fund SAC Capital and the government have broken down, according to sources.

Steven Cohen Still

Financial Markets

SAC Says Cooperation With U.S. No Longer ‘Unconditional’

SAC Capital Advisors, Steven Cohen’s $15bn hedge-fund firm, told investors it’s no longer cooperating unconditionally with the U.S. government’s insider-trading investigation.

No Pot Of Gold

Financial Markets

Hedge Fund Tycoon Said To Blow $1.4m In High Stakes Poker Game

By day he is a hedge fund tycoon and generous philanthropist, but by night self-made millionaire Talal Shakerchi is a regular addition at some of the biggest poker games in Europe.

Depressed - Head In Hands

Financial Markets

Steve Cohen Continues To Have A Tough Old Time

A group of burned investors wants Steve Cohen’s SAC Capital to fork over nearly $1bn - cash the hedge-fund giant earned by trading on alleged inside information of drug company Elan Corp.

Reservoir Gods

Financial Markets

Daniel Loeb: Hedge Funds' Mr Pink Guns For Sony

When he starting out as a hedge fund manager in the 1990s, Dan Loeb used the nickname Mr Pink while visiting investor chat rooms.

Chisel Split Ice

Industry & Commerce

Hedge Fund Boss Launches Bold Plan To Break Up Sony

Sony, the Japanese electronics and entertainment giant, is facing an audacious breakup attempt in a battle that could rock the staid Japanese corporate world.

Gavel

Financial Markets

Level Global Co-Founder Gets 6 1/2 Year Sentence

Level Global Investors co-founder Anthony Chiasson was sentenced to 6 1/2 years in prison for using illegal tips funneled to him from analysts and company insiders to make $68 million for his hedge fund.

John Paulson

Financial Markets

Billionaire Hedge Fund Manager Sells Smaller Ranch For $29.9m

Billionaire John Paulson, who last year acquired the largest residential property in Aspen, Colorado, is selling his smaller, 13,000-square-foot home there.

Vikram Pandit

Financial Markets

Ex-Citi Traders Could Make Millions Thanks To Volcker Rule

For a pair of former Citigroup hedge-fund managers, Napier Park Global Capital may turn into a multimillion-dollar payday thanks to the Volcker rule.

Hedge Fund

Financial Markets

Hedge Fund Billionaire Philip Falcone Agrees Two-Year Ban With SEC

A once high-flying hedge fund billionaire, who made a fortune betting against the housing market, has agreed to an $18m settlement with US regulators that will effectively bar him from the financial services industry.

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