July 30, 2010
HedgeFund.net-PerTrac Universes has reported that hedge funds were up an average of 1.70% in February, and 1.37% year to date.
Citigroup Buys Old Lane Hedge Fund and With It, A New Head of Alternative Investments
According to the Wall Street Journal and New York Times, Citigroup's search for a new head of its alternative investments group is finally coming to an end. The company is likely to announce at its annual meeting this coming Tuesday that it has acquired Vikram Pandit's Old Lane hedge fund, begun 13 months ago after [ ]
Key hedge fund ruling expected in NWA case
A fight between Northwest Airlines and a group of hedge funds to force each other to tip their hands on investment decisions and discussions has led to what could be a pivotal ruling on hedge fund disclosure.
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