July 30, 2010
(AFX UK Focus) 2009-11-11 16:05 UPDATE 1-Hedge fund Paulson raises Cadbury stake again
LONDON, Nov 11 (Reuters) - Hedge fund billionaire John Paulson raised his firm's stake in Cadbury on Wednesday and now holds 2.54 percent of the British confectioner, the subject of a hostile bid by U.S. food group Kraft. Paulson became the industry's highest-paid manager in 2007 by betting that U.S. house prices would fall. His firm Paulson & Co now holds 34.9 million shares in Cadbury, a
The Securities and Exchange Commission said almost 800 hedge fund advisors had met Wednesday's deadline to register with the agency under a rule that subjects the industry to stricter regulation and random inspections. The SEC didn't yet know whether any advisors had failed to meet the deadline.
Highland Park-based hedge fund manager granted bail
Gregory Bell charged with wire fraud in alleged Ponzi scheme Illinois hedge-fund manager Gregory Bell, who was charged with wire fraud for his role in an alleged Ponzi scheme, was granted $1.5 million bail and required to wear an electronic monitor, a federal judge in Minnesota ruled Wednesday.
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