July 30, 2010
Hedge fund firm Pequot to shut down amid probe
Prominent hedge fund firm Pequot Capital told investors on Wednesday it will shut down amid an ongoing government probe into possible insider trading.
Citadel Says Hedge-Fund Profit Rose Fivefold in 2006
Nov. 29 (Bloomberg) -- Citadel Investment Group LLC, the hedge-fund manager founded by Kenneth Griffin, said earnings by its two largest funds increased more than fivefold on gains from debt and energy investments.
Amaranth founder says market turned against hedge fund
SAN FRANCISCO (MarketWatch) -- The founder of Amaranth Advisors LLC, Nick Maounis, told investors in a conference call Friday that the markets turned against the hedge fund in September, leaving it no choice but to sell its entire energy portfolio to other firms at a huge loss.
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