Anil Kumar may plead guilty in the Galleon hedge fund case
Anil Kumar may plead guilty in the Galleon hedge fund caseAnil Kumar may plead guilty in the Galleon hedge fund case
December 31, 2009
Hedge fund strong gains help end ‘09 on high note
For hedge funds, 2009 will be remembered as one of the industry's best ever -- a year when managers delivered strong gains after 2008's drubbing and investors returned to the fray with new money.
Outsized paychecks elude many hedge fund staffers
Hilary Potkewitz - While a handful of hedge fund managers will take home record paychecks for 2009—such as Appaloosa Management's David Tepper, whose anticipated earnings for the year were recently estimated at around $2.5 billion—it looks like many, if not most, of the rest of the herd will be earning dramatically less. Professionals who left high-paying jobs at investment banks or a law firms
December 30, 2009
US hedge fund Harbinger Capital faces ‘fraud’ charges over Applica takeover
Harbinger Capital, the hedge fund run by billionaire Philip Falcone, must answer accusations of fraud and civil conspiracy, a judge in Delaware has ruled.
3A reveals full Altin hedge fund holdings
Fund of hedge fund manager 3A has again disclosed the entire holdings in its Altin portfolio, which was up by 11.16 per cent this year as at October 28.
