Hedge fund managers are optimistic about 2021 given market opportunities and nascent investor interest in hedge funds as a bond substitute.
Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.
Scott Soussa, a senior managing director and co-head of Blackstone Group's general partnership stakes business, is leaving the firm.
Sculptor saw withdrawals of $92 million from its hedge funds in the fourth quarter, capping 2020 with its sixth straight year of outflows.
Retail investors' frenzied attack on short sellers has pushed some hedge funds to rethink their strategies.
Hong Kong conglomerate Sun Hung Kai spun out hedge fund firm East Point Asset Management with $150 million in seed capital.
The hedge fund firm, whose flagship fund has returned more than three times the average of hedge fund peers, is now headed in reverse.
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%.
Many of the biggest activist hedge funds saw blockbuster returns last year as concentrated wagers on a variety of companies paid off.
Hedge funds rebounded in 2019, gaining 9% after posting a loss the year before, but the results are nothing to celebrate.
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.
Hedge fund managers have been slow to incorporate ESG into their investment process.
Harbinger Capital Partners Offshore Manager will pay $30 million to settle a suit claiming the hedge fund manager knowingly evaded New York taxes.
Bridgewater Associates' conversion to a partnership is welcomed by clients and its China All Weather fund is open to existing investors.
China's sovereign wealth fund is maintaining its allocations to hedge funds near current levels thanks to their "very high" risk-adjusted returns.
Man FRM hires New Jersey Division of Investments head of alternatives as sector head of relative value and private markets.
Hedge fund managers lack creativity when it comes to company names, SumZero research shows.
Mitsubishi Corp. sold it 5% stake in London-based fixed-income-focused hedge fund Capula Investment Management to Dai-Ichi Life Insurance Co.
Canada's biggest pension plan aims to back as many as four fledgling hedge funds a year at a time when investors are balking at the high fees.
Tudor Investment Corp. is closing its Tudor Discretionary Macro Fund and letting investors shift assets to the main BVI fund as of Jan. 1.
Structured credit hedge funds are losing their luster and assets.
Pine River Capital Management is closing its master fund after a wave of client withdrawals that would bring assets below $300 million.
Bridgewater's Raymond Dalio issues how-to guide for work, life success in new book.