Candlewood Investment is getting into the direct-lending business.Read more.
Recent losses at Passport Capital appear to have spooked some investors.Read more.
Former Paulson & Co. partner Dan Kamensky is off to a strong start with a distressed-debt hedge fund he launched in January.Read more.
Alex Gurevich, a macro trader who made a name for himself at J.P. Morgan before the financial crisis, is raising capital for a hedge fund.Read more.
In his first performance report as chief executive of MKP Capital, Rich Lightburn offered a candid explanation for the lackluster returns of many of the...Read more.
Scott Stevens is restructuring his Grays Peak Capital less than a year after getting it off the ground — a clear sign of the difficult fund-raising...Read more.
Plymouth Lane Capital is shutting down.Read more.
Marketplace-loan buyer Direct Lending Investments has canceled a bid to convert its only hedge fund into a ’40 Act vehicle — a step that...Read more.
A move by Owl Creek Asset Management to double down on Argentine sovereign bonds at the height of the country’s debt crisis has paid off for...Read more.
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.