Articles and Video on Hedge Funds
Solus Alternative Asset Management adds chief strategist from BTIG
trueDaniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist.
Elliott Management names co-CEO as part of succession plan
trueJonathan D. Pollock was named co-CEO of hedge fund manager Elliott Management, sharing the title with Paul E. Singer, the firm's founder.
LACERA invests $300 million in credit hedge fund of funds, commits $206 million
trueLos Angeles County Employees Retirement Association invested $300 million in a customized opportunistic credit hedge fund-of-funds portfolio managed by Grosvenor Capital Management.
HFR: Emerging markets assets little changed year-to-date
trueTotal hedge fund assets invested in emerging markets fell by $11 billion during the third quarter, according to HFR's third-quarter emerging markets industry report.
University of Houston sets $15 million for private equity, terminates 3 hedge funds
trueUniversity of Houston System committed $15 million total to two private equity funds on behalf of its roughly $610 million endowment.
BlackRock shutters global macro fund
trueBlackRock has nearly finished closing its global macro hedge fund and returning money to investors.
Hedge fund Achievement Asset Management to return money to investors
trueAchievement Asset Management, the Chicago hedge fund firm that was associated with Peak6 Investments until it broke away in September 2014, is returning its $875 million in hedge fund assets to investors.
UBS O'Connor hires new CIO
trueKevin G. Russell will join UBS O’Connor on Jan. 1 as managing director and chief investment officer for the firm’s $5.7 billion single- and multistrategy hedge funds.
Baker Bros., Altimeter Capital top stock-picker list
trueBaker Bros. Advisors and Altimeter Capital Management held the top two positions in Symmetric's list of top stock pickers through the quarter ended Sept. 30.
Cantab donation adds up to new research center
trueHedge fund manager Cantab Capital Partners LLP has donated £5 million ($7.7 million) to launch the Cantab Capital Institute for the Mathematics of Information at Cambridge University, Cambridge, England.
Valeant, Ackman lose bid to escape pension fund-led lawsuit over Allergan offer
trueValeant Pharmaceuticals International Inc. and activist investor Bill Ackman must face a shareholder lawsuit over alleged insider trading involving a failed offer for Allergan Inc.
Maverick adds quant analysis to long/short equity strategy to improve returns
trueIt's rare to see the words quantitative and fundamental used simultaneously to describe the investment process of a long/short equity hedge fund strategy, but use of the terms has become commonplace at Maverick Capital Ltd., Dallas.
Hedge fund managers focused on growing assets — report
trueIncreasing assets under management is the first priority for more than half of the 109 hedge fund managers interviewed for a hedge fund industry report prepared for Ernst & Young Global by Greenwich Associates.
Annie E. Casey Foundation looking for hedge fund associate director
trueAnnie E. Casey Foundation is searching for an associate director, hedge fund investments, said a job posting on the foundation’s website.
Investcorp acquires SSARIS' hedge funds-of-funds business
trueInvestcorp Investment Advisers' acquisition of the hedge funds-of-funds business of SSARIS is likely just the first in a string of planned purchases to bolster the firm’s hedge fund capabilities.