Billionaire John Paulson is turning his hedge fund firm into a family office after setting the stage for the conversion last year.

Launches of new hedge funds in the first quarter fell amid the coronavirus outbreak to the lowest level since the global financial crisis.

Hedge fund firm CQS slashed at least 50 jobs in an overhaul, as founder Michael Hintze looks to focus on core credit trading strategies.

Hedge fund managers, investors and service providers don't expect to be back in their offices in force until November because of COVID-19.

The hedge fund firm, whose flagship fund has returned more than three times the average of hedge fund peers, is now headed in reverse.

Citadel will allow investors to pull a total of $1 billion from its main hedge funds without incurring fees or penalties.

More hedge fund managers are using alternative data to gain a competitive advantage.

Hedge fund industry observers say the first quarter was a litmus test for managers, producing distinct winners and losers.

Hedge fund industry AUM fell 11% to $2.96 trillion in the first quarter, the first time it has fallen below $3 trillion since 2016.