Falcone Rules Out Bankruptcy In Wake Of FCC Decision
| From : finalternatives.com
Not yet published.
Harbinger Capital Partners founder Philip Falcone says his wireless broadband startup LightSquared won’t be filing for bankruptcy, despite bad news from U.S. regulators. read more Read Full Story
Morgan Stanley, PIMCo Vets Prepare US$1 Billion Asia Hedge Fund
| From : finalternatives.com
Not yet published.
The former head of fixed-income for Asia-Pacific at Morgan Stanley is set to launch a hedge fund with a former Pacific Investment Management Co. adviser, with an eye towards managing US$1 billion. Ranodeb Roy has set up RV Capital Management in Singapore. The new firm—the "V" stands for co-founder Vickram Mangalgiri—will launch its maiden hedge fund in April or May. read more Read Full Story
Broker Fined In Greenlight Insider-Trading Case
| From : finalternatives.com
Published to David Einhorn
British regulators have fined the former Bank of America Merrill Lynch broker who spilled a juicy corporate secret to Greenlight Capital's David Einhorn. read more Read Full Story
Duet Gets Aggressive With New Fund
| From : finalternatives.com
Not yet published.
London-based Duet Group bets that its clients are feeling frisky. The hedge fund has opened a more aggressive version of its flagship market-neutral strategy to outside capital. The fund was introduced in August 2010 and currently manages $70 million, most of it internal capital with one institutional investor. read more Read Full Story
Pensions Seek Liquidation Of Fletcher Hedge Fund
| From : finalternatives.com
Not yet published.
Three Louisiana pension funds have apparently had their fill of Fletcher Asset Management. read more Read Full Story
Investor Lawsuit Against Listed Hedge Fund Tossed
| From : finalternatives.com
Not yet published.
A federal judge has junked a lawsuit against Polygon Investment Partners and a subsidiary because the shareholder bringing the case bought the fund long after the alleged malfeasance occurred. read more Read Full Story
FSA Enforcement Chief Quits
| From : finalternatives.com
Not yet published.
The Financial Services Authority's top cop is stepping down next month rather than wait for her job to be given to someone else after the regulator's reorganization early next year. read more Read Full Story
Lasry, Gallogly Stick With Obama As Pres. Prepares For Wall Street Fundraiser
| From : finalternatives.com
Not yet published.
President Barack Obama is heading to New York to collect money for his reelection campaign from the hedge fund managers and others on Wall Street who have not abandoned him for the Republican candidates for his job. read more Read Full Story
Deutsche Bank Tops Lyxor As Largest Managed Accounts Provider
| From : finalternatives.com
Not yet published.
There's a new king of hedge fund managed accounts platforms, and it has a German, rather than French, accent. read more Read Full Story
Conn. Fines Hedge Fund For Brokerage Issues
| From : finalternatives.com
Not yet published.
A troubled Connecticut hedge fund has been fined $250,000 over its former brokerage business. read more Read Full Story