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Soros, Paulson Lead World’s Alts. Billionaires
George Soros remains the richest alternative investments titan in the world, according to Forbes magazine’s latest roster of billionaires.
Ex-N.Y. Pension CIO Pleads Guilty In Pay-To-Play Case
The former chief investment officer of a New York public pension fund has pleaded guilty to his role in a pay-to-play scandal that involved a number of prominent hedge funds and private equity firm.
Hedge Fund Loses Appeal Over Citibank CDS Case
Hedge fund VCG Special Opportunities Master Fund has lost its bid to force a Citigroup broker-dealer division into arbitration over claims that the bank “suckered” the hedge fund into losing more than $18 million on credit-default swaps.
SAC’s Orwicz Raises $17.75M For New Hedge Fund
A former SAC Capital Advisors technology and energy hedge fund manager is striking out on his own.
HFN: Hedge Funds Add 1% In February
Hedge funds got into positive territory for 2010 last month, according to HedgeFund.net’s indices.
The boutique broker-dealer founded by the former heads of an ill-fated UBS hedge fund has acquired another boutique broker-dealer.
KKR Names Chiefs For Asset Mgmt. Group
Private equity giant KKR & Co. has made a quartet of appointments to its asset-management unit to handle several hedge fund strategies.
Citadel, D.E. Shaw In Settlement With Indian Pharma
The two firms had sued the company last year after Venus failed to redeem some US$12 million in foreign currency convertible bonds last summer.
Goldman To Offer UCITS U.S. Equity Fund In Spain
The Wall Street giant has registered its GS US Equity Absolute Return Portfolio, which is UCITS III-compliant, for sale in Spain.
Having reached the legal limit of 40% in stocks—due to the 53% jump in Colombia’s IGBC Index—the country’s second largest pension fund is planning a big push into private equity.
BTIG Nabs Hedge Fund Vets For New Convertibles Group
BTIG, a broker-dealer catering to the alternative investments industry, has launched a convertible securities business, entrusting it to former hedge fund manager Robert Langer.
UCITS Alternative Index In The Red In 2010
UCITS-compliant hedge funds are the hottest thing Europe right now, but their performance this year has been disappointing. |
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