Wall Street broker acquitted of gym member assault
International Herald Tribune- A Wall Street stock broker accused of throwing a fellow health club member into a wall during a cycling class has been acquitted. A Manhattan Criminal Court jury found...
View ArticleGirlfriend of NY hedge fund swindler who disappeared is charged with helping...
International Herald Tribune- The girlfriend of a missing hedge fund swindler was arrested Thursday and charged with helping him elude his sentence on the day he was supposed to begin serving 20 years...
View ArticleHedge fund manager describes rock bottom
International Herald Tribune- One by one, John Devaney sold his treasures, hoping to forestall what was in the end inevitable. He sold his Renoir and his Gulfstream, his home and his helicopter. Even...
View ArticleDefrauded fund investors sue Goldman
International Herald Tribune- Samuel Israel 3rd bilked his investors out of $250 million, but they are hoping to recoup some of their money from one of Wall Street’s deepest pockets: Goldman Sachs....
View ArticleHedge fund chiefs look to global macro funds in difficult market
International Herald Tribune- Hedge fund managers are looking to global macro funds to try to steer clear of the mess created by the credit crisis while cautiously dipping into a small pool of more...
View ArticleFormer hedge fund head files against Citigroup
International Herald Tribune- A former manager of a Citigroup Inc hedge fund has filed a complaint with a British tribunal accusing the bank of causing his fund’s demise, the Wall Street Journal...
View ArticleBlackstone’s income falls, but beats expectations
International Herald Tribune – Blackstone Group, manager of the world’s largest leveraged-buyout fund, said Wednesday that second-quarter profit beat analysts’ estimates as gains from hedge funds...
View ArticleA TV reporter gambles, and loses, on running a hedge fund
International Herald Tribune – Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: Billions of dollars were being thrown around like...
View ArticleShort-sellers have banks worried
International Herald Tribune – In May, David Einhorn, an outspoken hedge fund manager, took the microphone at a large industry gathering and laid out his case against the investment bank Lehman...
View ArticleThe hedge fund party is ending in London’s Mayfair district
International Herald Tribune – As world markets shudder, the hedge funds based in London, once the toast of the city’s flashy financial elite and magnets for cosmopolitan capital, have stumbled badly....
View ArticleGolden age of hedge funds dims
International Herald Tribune – Making millions – or even a few billion – by managing a hedge fund has been a running dream on Wall Street in recent years. But suddenly even the masters of this $2...
View ArticleTwo equity firms buy Lehman’s money management unit
International Herald Tribune – Lehman Brothers said Monday that it would sell for $2.15 billion much of its money management business, including its prized Neuberger Berman asset management unit, to...
View ArticleHigh-flying hedge fund falls back to earth
International Herald Tribune – Only 10 months ago, Remy Trafelet was so flush that he treated about 100 employees at his hedge fund to a getaway in Venice. He and his crew spent a long, luxurious...
View ArticleWhat crisis? Some hedge funds are gaining
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money rather than losing it. While most hedge funds are sinking into red this year and...
View ArticleHedge fund winners amid the rubble
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money, rather than losing it. While most hedge funds are declining this year and unsettling...
View ArticleHedge fund managers to testify in Washington
International Herald Tribune – Hedge fund managers usually shun the spotlight. But five of them, billionaires all, are about to come under the glare on Capitol Hill. The money managers — Philip...
View ArticleHedge funds forced to adapt or die
International Herald Tribune – The mergers and acquisitions business is about to take a deep dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there...
View ArticleFraud worries grow for private equity deals in Asia
Forbes – Private equity investors in Asia are increasingly fearful of fraud within their portfolio companies as the global economic downturn puts mounting pressure on firms in the region. The global...
View ArticleHedge Funds Offering India Companies to Private Equity, 3i Says
Bloomberg – Private-equity investors are being offered stakes in Indian companies as hedge funds and banks seek to offload assets, said an executive at 3i Group Plc. Hedge funds and banks that bought...
View ArticleWall Street broker acquitted of gym member assault
International Herald Tribune- A Wall Street stock broker accused of throwing a fellow health club member into a wall during a cycling class has been acquitted. A Manhattan Criminal Court jury found...
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