Hedge Funds


  • Gold Price Likely to Rise Again: Stocks Analyst Wednesday, 25 Jun 2008 | 8:53 AM ET

    The current dip in gold prices is temporary and demand for the precious metal is likely to rise in the medium term, Ronald-Peter Stoferle, international equities analyst at Erste Bank, wrote in a market note Wednesday.

  • A South Korean high court on Tuesday cleared U.S. private equity house Lone Star of manipulating the stock price of a former credit card unit of Korea Exchange Bank, rejecting an earlier ruling.

  • Hunt Goes On for Fund Swindler Who Faked Suicide Friday, 20 Jun 2008 | 7:25 AM ET

    The girlfriend of a missing hedge fund swindler was arrested Thursday and charged with helping him elude his sentence on the day he was supposed to begin serving 20 years in prison.

  • Fugitive Hedge Fund Manager's Girlfriend Arrested Thursday, 19 Jun 2008 | 6:32 PM ET

    U.S. authorities said Thursday they have arrested a woman who helped missing hedge fund manager Samuel Israel III stage his suicide in order to avoid serving a 20-year prison sentence for fraud.

  • Hedge Funds Grabbing More Investment Bankers Thursday, 19 Jun 2008 | 12:40 PM ET

    The hedge fund industry is set to attract bankers and traders from an exodus of high-flyers leaving troubled investment banks in search of bigger bonuses and better job security.

  • Credit Crisis Not Over: Hedge Fund Manager Paulson Wednesday, 18 Jun 2008 | 10:19 AM ET
    Credit Crunch

    The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit.

  • Goldman Close to Bailing Out $7 Billion SIV: Source Tuesday, 17 Jun 2008 | 10:25 AM ET

    Goldman Sachs has nearly completed a long-awaited rescue of a $7 billion structured investment vehicle, sources said, just as it adjusts to the credit crunch by laying off hundreds of bankers.

  • Hedge Fund Managers Who Escaped US Police Monday, 16 Jun 2008 | 2:44 PM ET

    Authorities are hunting for former hedge fund manager Samuel Israel, who appears to have staged his death a week a ago. With no body, authorities were all but certain Israel had staged a hoax.

  • Feds: Hedge Fund Swindler Didn't Jump Monday, 16 Jun 2008 | 2:44 PM ET

    Federal authorities have ruled out suicide in the disappearance of a missing hedge-fund swindler whose car was found on a New York bridge with the words "Suicide is Painless" written in the dust on the hood.

  • Search for Missing Fund Manager Goes Global Saturday, 14 Jun 2008 | 10:06 AM ET

    Federal authorities strongly suspect he is alive, and have begun an international manhunt for the former hedge fund manager, who was facing a 20-year prison sentence for defrauding investors out of about $450 million when he disappeared on Monday.

  • Probe Deepens for Missing Hedge Fund Manager Saturday, 14 Jun 2008 | 9:32 AM ET

    U.S. authorities were trying to determine on Friday whether a fugitive financier who was thought to have faked his suicide will have enough money to sustain life on the run.

  • Tobias Case Settled Friday, 13 Jun 2008 | 8:57 PM ET
    Seth Tobias - Hedge Fund Manager

    CNBC has learned the estate case of hedge fund manager Seth Tobias has been settled, pending the approval of a Florida probate judge on Monday. Tobias, the founder of the Circle T Family of Funds and a frequent CNBC guest, was found dead in his swimming pool in the early morning hours of September 4. He was 44 years old.

  • As Banks Shun Loans, Hedge Funds Move In Friday, 13 Jun 2008 | 4:10 AM ET

    Companies traditionally get loans from banks, but with so many lenders stretched and with credit so tight these days, businesses are turning to what might seem like an unlikely source for cash: hedge funds, the New York Times reported.

  • Man Questioned in Fund Manager's Disappearance Thursday, 12 Jun 2008 | 3:33 PM ET

    U.S. Marshals are questioning a man in connection with the disappearance of convicted hedge fund millionaire Samuel Israel, according to a report from WNBC.

  • Citi to Shut Hedge Fund Co-Founded by CEO: WSJ Thursday, 12 Jun 2008 | 4:47 AM ET

    In a blow to Citigroup Chief Executive Vikram Pandit, the bank plans to close a hedge fund he co-founded and will buy what is left of its assets, The Wall Street Journal reported on Thursday.

  • Manhunt Stepped Up for Hedge-Fund Con Man Wednesday, 11 Jun 2008 | 1:22 PM ET

    The manhunt for a hedge fund manager who skipped his prison date and may have killed himself dragged into a third day Wednesday as police look for a body and other agents search for a rich man who may be on the run.

  • Police Probe Possible Suicide of Former Fund Manager Tuesday, 10 Jun 2008 | 1:58 PM ET

    A former hedge fund manager who cheated investors in his Bayou Group fund out of $400 million and was expected to report to prison for his crime, may have committed suicide, police in New York said.

  • Investors Punish US Hedge Funds for Poor Returns Tuesday, 10 Jun 2008 | 9:55 AM ET

    Investors pulled a net $5.9 billion out of U.S. hedge funds in April, marking the industry's biggest outflow in 6-1/2 years as they punished managers for their worst-ever returns at the start of 2008.

  • Doll: Fed Doesn't Want to Raise Rates Any Time Soon Tuesday, 10 Jun 2008 | 7:44 AM ET

    The worst of the credit crunch is over, but the Federal Reserve is likely to keep interest rates on hold for a long time despite a surge in oil prices, as the U.S. economy still has to prove it is stabilizing, money manager Bob Doll said on Tuesday.

  • Lehman Leverage Still Too High, Einhorn Says Monday, 9 Jun 2008 | 1:45 PM ET

    The level of risk on Lehman Brothers Holdings', balance sheet remains too high despite moves to improve its balance sheet strength, hedge fund manager David Einhorn told Reuters Monday.

Contact Hedge Funds


    Get the best of CNBC in your inbox

    › Learn More