April 27- Telx Group Inc, a private equity-owned provider of data centers and network solutions to companies, is exploring a sale that could value it at around $2 billion, including debt, according to people familiar with the matter. Telx's owners, ABRY Partners LLC and Berkshire Partners LLC, have interviewed investment banks in recent weeks to appoint...» Read More
Countries may want to think twice before threatening default following the U.S. Supreme Court's refusal to hear Argentina's debt appeal.
Bank lending to companies with few restrictions has surged back, but does the record issuance of cov-lite loans mean defaults are near?
The bank's CFO said that JPMorgan could cut compensation for investment banking employees if it continues to post lower revenue.
Eric Cantor's coming exit from Congress means that Wall Street won't have a key ally on Capitol Hill.
One of the largest British hedge funds is coming to the U.S. in hopes of managing more American dollars.
Hedge-fund executive David Tepper is living separately from his wife of more than 25 years, according to someone familiar with the matter.
Baupost Group appears to have made a nearly $1 billion off of Merck's deal to buy Idenix.
A judge refused to rebuke Argentina over its apparent willingness to default on its debt over the objections of Elliott Management.
Blackstone exec Bruce Wrobel did well and wanted to do good—and that may have had tragic consequences.
Funds of hedge funds continue to lose assets, but a handful of top firms continue to consolidate market share.
Hedge funds that use computer models to invest, like BlueCrest's BlueTrend, have lost assets recently, but there are signs of hope.
Goldman Sachs CEO Lloyd Blankfein has no plans to step down.
Today, climate change-conscious investing is based less on a general desire to save the world and more about picking winners and losers.
The world's biggest hedge funds are managing more money than ever before - even while the returns they provide look less attractive.
A new study ranks the schools with the most alumni working at hedge, mutual and private equity funds.
Hedge funders like Tom Steyer and Paul Singer are continuing their spending on midterm elections—and some politicians are fighting back.
Philippe Laffont's Coatue Management hedge fund may not be giving back $2 billion after all.
Hedge funds have done an about-face on a group of crowded stock bets.
Many hedge funds are underperforming this year because they're in the same crowded--and losing--trades.
McKesson could be in trouble for allegedly favoring one big hedge fund over another.