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September 30, 2009

Judge backs Galvin in case against hedge fund

Secretary of State William Galvin's office didn't violate a well-known hedge fund manager's free-speech rights when the state cracked down on the fund's

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Mass. court rules against hedge fund manager

A Massachusetts appeals court ruled on Wednesday that hedge fund manager Phillip Goldstein's right to free speech was not violated when he was ordered to let only qualified investors view his firm's website.

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Northern Trust has become the latest custodian to tap into the hedge fund sector’s heightened awareness of …

Northern Trust has become the latest custodian to tap into the hedge fund sector's heightened awareness of counterparty risk by partnering with a prime broker to offer better safeguarding of client assets.

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September 29, 2009

Shares of CIT Group jump on report of merger talks between hedge fund, IndyMac Bank

CHARLOTTE, N.C. — CIT Group Inc.'s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage lender IndyMac Federal Bank.

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Pallotta to Invest in New Hedge Fund

James Pallotta, who was forced to shutter his Raptor Global Funds this year only months after spinning it off from Tudor Investment Corporation, is returning to the hedge fund industry -- this time as an investor.

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