Billionaire Alan Howard is returning money to investors from the secretive hedge fund that he personally runs.
Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.
Credit Suisse and Nomura said they may face “significant” losses, following exposure to wrong-way bets by Archegos Capital Management.
Sculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.
Ken Griffin and Steve Cohen boosted Gabe Plotkin's Melvin Capital, injecting a total of $2.75 billion into the firm after it lost about 30%.
Global asset managers are struggling to find a foothold in $578 billion hedge fund industry, despite long-awaited policy changes.
A deal between Michael Hintze's CQS and its equity hedge fund spinoff has collapsed as the billionaire renews focus on his investing roots.
Billionaire hedge fund manager Michael Hintze has stepped up succession planning after a turbulent year at his investment firm, CQS.
Hedge funds that have racked up the largest bets against the dollar in almost three years may be running headlong into a short squeeze.
Marble Ridge Capital is shutting down after an investigation found its managing partner interfered with Neiman Marcus' bankruptcy auction.
Point72 Asset Management will close to new investments next month, after raising $10 billion since it started managing outside capital.
Bridgewater Associates said it plans to job cuts because it won't need the same number of support staff as more employees work from home.
Point72 Asset Management was named in two separate discrimination claims, including the former global head of macro at the firm.
Hedge funds lost a record 7.9% in the first half of the year on an asset-weighted basis, according to Hedge Fund Research.
Billionaire John Paulson is turning his hedge fund firm into a family office after setting the stage for the conversion last year.
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.
Investors are taking a dim view of hedge funds and other asset managers seeking to tap funds earmarked for struggling small businesses.
Ray Dalio's flagship hedge fund at Bridgewater Associates ended the first quarter down about 20%.
Four equity portfolio managers at Ken Griffin's Citadel left the firm last week, after one of the most volatile months for stocks on record.
For many hedge funds in Asia, 2019 was a good year — just not good enough to allow them to charge performance fees.
Xavier Rolet is stepping down as CEO of billionaire Michael Hintze's hedge fund firm, CQS, just a year after taking the job.
Many of the biggest activist hedge funds saw blockbuster returns last year as concentrated wagers on a variety of companies paid off.
GSA Capital's attempt to hire a trader from Citadel Securities has resulted in allegations that it covertly obtained a secret strategy.
Hedge funds rebounded in 2019, gaining 9% after posting a loss the year before, but the results are nothing to celebrate.