Troubled hedge fund sells assets
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Amaranth Advisors, the US hedge fund that lost about $6bn betting on gas prices, seeks help as it liquidates its remaining assets.
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A $2 billion hedge fund fails, and there will be more, analysts say.
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JPMorgan Chase & Co.  has canceled its auction of assets from two troubled Bear Stearns Cos. Inc.  hedge funds, a source familiar with the matter said on Wednesday.
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Investors, looking for gold in hedge funds, have found dross.
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The hedge fund Fortress Investment Group is said to be considering an initial public offering that could value the company from $5 billion to $7 billion.
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Some aggrieved investors are turning  to lawyers to pursue possible legal claims stemming from losses  at two Bear Stearns Cos.  hedge funds that were  virtually wiped out from large, illiquid bets on risky  mortgages.
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Alliance Capital Management Holding LP (AC.N: Quote, Profile, Research) has agreed to sell its cash management business to Federated Investors Inc.
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Two Bear Stearns hedge funds, worth more than $20 billion, teetered on collapse yesterday after absorbing major losses from investments in the subprime mortgage industry.
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Enormous losses at Amaranth Advisors resurrected worries that major bets by hedge funds could create widespread financial disruptions.
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One of the Treasury Department's top officials dealing with hedge funds has agreed to forgo up to $1.5 million in severance payments from his former employer, which invests in hedge funds.
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Ritchie Capital Management is said to be close to an agreement to sell the assets in its flagship multi-strategy fund for about $1 billion.
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An Australian hedge fund felled by its  exposure to risky credit derivatives filed for bankruptcy  protection in the United States, and liquidators on Thursday  were assessing how much money, if any, would be returned to  investors.
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A rundown of funds selling at a discount to the cover price.
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Hedge funds are gaining in popularity as they pursue a host of investment strategies.
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A very large and valuable pile of assets now stands to change hands, possibly quite soon.
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Your broker may be making a pretty penny lending your stock to a hedge fund without your knowledge. Here's how to get a cut of the action.
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NEW YORK, Feb. 9 -- Fortress Investment Group became the first hedge fund to be traded publicly in the United States, and its shares soared Friday in a debut that's expected to catch the attention of many in the $1.3 trillion hedge-fund industry.