Hedge funds run by Och-Ziff Capital Management Group LLC and Brevan
Howard Asset Management LLP advanced last week, dodging the deepest slump for global stocks since 2008.
SAC Capital Advisors LP, the $14 billion hedge fund run by billionaire
Steven A. Cohen, may have lost about $196 million from its stake in
drug-maker Dendreon Corp.
Goldman Sachs COO Gary Cohn should be the obvious choice to replace CEO Lloyd Blankfein, but insiders say he isn't.
New York City's pension plans may unload a $2 billion portfolio of
buyout funds to trim their private-equity relationships, said two people
with knowledge of the plan.
The SEC has barred a New Jersey-based hedge fund manager from the
securities industry after he allegedly misappropriated hundreds of thousands of dollars of his
investors' funds since 1996.
Bank of America Corp. still heads a ranking of the world's 20 biggest
wealth managers while BNP Paribas SA climbed two positions to ninth
place, according to Scorpio Partnership.
David Einhorn,
the hedge-fund manager who agreed in May to buy 33 percent of the New
York Mets, survived the first round of the World Series of Poker's main
event.
by Michael S. Fischer
Partners David Alexander and Tony Peyser were early adopters of funds of hedge funds, first using the strategy for their multifamily office clients 20 years ago.
by Josephine Shea
Investing in emerging markets is no longer a choice for U.S. corporations and investors, but a necessity due to the sector's growing influence.
Andy Beal's road to becoming a billionaire, doing deals with the likes
of Carl Icahn and Donald Trump, runs straight through the slums of
Newark, New Jersey.
John Paulson's hedge fund lost $468 million
since May 31 on Sino-Forest Corp., the Chinese tree-plantation owner
accused by a short-seller of overstating timber holdings, the firm said.
Wells Fargo & Co.
is aiming to build its private bank in New York by attracting affluent
customers neglected by some other competitors.
A vintage Aston Martin automobile previously owned by Peter Madoff,
brother of Bernard L. Madoff, will be sold at auction to help pay the
jailed con man's former investors.
Many millionaires no longer enjoy doing their own investing and would like to hand over
more of the task to their advisors, say two new studies by Spectrem
Group.
by Michael C. Crawford And Perry Lerner
Private placement insurance can act as a tax-advantaged wrapper for hedge funds and other alternative investments.
by Alan Swersky
Family offices shouldn't shy away from emerging hedge fund managers, many of whom outperform their more experienced brethren.
by Michael S. Fischer
Sycamore Entertainment Group offers investors a piece of the independent film industry in the form of private equity funds.
by Peter Andersen
Providing wealthy investors with customized portfolios means going beyond SMAs and "a la carte" offerings.
by Peter Andersen
Providing wealthy investors with customized portfolios means going beyond SMAs and "a la carte" offerings.
by Leila B. Boulton
Clients looking for absolute, uncorrelated returns may want to consider investing in commercial litigation.
