Philip Falcone's telecom start-up LightSquared edged closer to a bankruptcy filing on Sunday as the hedge fund manager was far from an agreement with creditors, sources familiar with the matter said. Read More
John Arnold, the billionaire manager of the Houston hedge fund Centaurus Advisors, told investors and employees Tuesday that he plans to retire, according to people familiar with the matter. Read More
Where others are dropping Netflix shares, hedge fund manager Whitney Tilson is snapping them up. "When something gets cheaper and the story stays the same we add to it," the managing partner of T2 Partners told CNBC Tuesday. Read More
Activist hedge fund Starboard Value, dissatisfied with AOL's $1 billion deal to sell the majority of patents to Microsoft has filed with U.S. regulators for the nomination of three of its candidates to the board of the Internet firm. Read More
The newly signed JOBS Act allows hedge funds to talk to high-end investors without going through a third party. Whether the pitch comes from the fund manager, a notice in a newspaper or through your usual advisor, the usual safe-investing advice still applies. Read More