Hedge fund managers are acceding to investor demand for separately managed customized hedge fund strategies.

Billionaire Louis Bacon is effectively quitting the hedge fund business after several years of poor performance, ending his 30-year career.

Citadel promoted veteran leader to the new positions of president and co-CIO effective Jan. 1.

Alan Howard, whose hedge fund once managed $40 billion, is betting his time is better spent trading rather than running his firm.

A little-known $3.5 billion Asian-Pacific fund that thrives on volatility has proved its ability to generate healthy gains in most markets.

Hedge fund industry assets fell to $3.24 trillion in the third quarter, due in part to volatility and fluid global political developments.

Hedge fund firm Element Capital Management is dismissing seven portfolio managers as it refocuses on its main macro strategy.

Pablo Salame, one of Wall Street's most prominent trading executives, was hired by Citadel to lead its credit business.

Hedge fund managers are getting creative in finding new sources of diverse candidates to join their ranks.