A plan by Visium Asset Management to rescue its multi-strategy hedge fund by handing it off to AllianceBernstein faces increasingly long odds.Read more.
A difficult capital-raising environment hasn’t been a problem for energy-focused startup TVR Capital.Read more.
Aquila Capital, a Europe-focused alternative-investment manager, is scouting U.S. hedge fund operators to add to its UCITS program.Read more.
Arrowgrass Capital is orchestrating a deal that would finally allow Deutsche Bank to sell its ownership interest in the $5.8 billion hedge fund...Read more.
Mortgage-bond investor Deer Park Road Management is adjusting its product mix in response to redemption pressures and shifting investor demand.Read more.
Whitebox Advisors is marketing a structured-credit-product fund with a long lockup period.Read more.
Key members of Ian Banwell’s team at Round Table Investment have re-emerged with plans to launch their own global-macro fund.Read more.
With hedge fund returns languishing, investors are asking managers for higher hurdle rates.Read more.
The latest data on hedge funds’ prime-broker relationships show most of the big Wall Street banks are losing market share while a number of smaller...Read more.
A likely sticking point in Och-Ziff Capital’s settlement talks with the U.S. Justice Department is the applicability of the “bad-actor”...Read more.
Passport Capital’s funds again diverged from industry averages in March, this time by posting losses amid gains in the broader market.Read more.