Two former Lighthouse Investment executives are nearing the launch of a novel multi-manager program that has been more than two years in the...Read more.
Activist shop Engaged Capital is raising money for a special-purpose vehicle that would aid its quest to take over a publicly traded nutrition and...Read more.
Elm Ridge Management is clinging to life, with Duke University now its only major investor.Read more.
The assets of Steve Cohen’s Point72 Asset Management could soon surpass those of predecessor SAC Capital.Read more.
A change in risk requirements that Jefferies’ prime-brokerage unit imposed on options-trading hedge fund clients has resulted in problems for some of...Read more.
An investment team that oversaw billions of dollars for Goldman Sachs Asset Management’s quantitative-equity unit is preparing to launch a hedge...Read more.
Soros Fund Management has hired a high-profile professional away from UBS to oversee its investments with outside fund managers, an area where the firm has...Read more.
Brevan Howard Asset Management is again backing Adam Fisher, a global-macro manager whose capital-raising efforts appear to be rapidly gaining...Read more.
Credit-product investor John Aylward, who runs money exclusively for Paloma Partners, is moving ahead with plans to recruit other limited partners.Read more.
An immunologist who swapped a career in medical research for finance 10 years ago will begin trading on Dec. 1 via his own hedge fund.Read more.
Sorin Capital, a commercial mortgage bond investor that ran $1.6 billion at its peak, is shutting down after a 15-year run.Read more.