Topic: Hedge Funds

President Obama's attacks on Bain Capital is testing a bond formed by Bill Clinton, who showed that Democrats could be both populist and friendly to Wall Street, The New York Times reports.

Once a year, top hedge fund managers get together at a charitable event and share their "best ideas" with hundreds of wealthy investors who pay thousands of dollars to rub shoulders with them.

When Greece announced on Tuesday that it had made a €436 million bond payment to the hold-out investors who rejected the country's historic debt revamping deal in March, the decision came as no surprise. What’s news is where most of that money went. The NYT reports.

Big U.S. hedge fund managers showed a lot for love for financial stocks in the first quarter of this year, regulatory filings reveal.

Prominent hedge fund manager John Paulson held on to his ETF bullion holdings in the first quarter of this year, profiting from an early surge in gold prices before the market tanked, a regulatory filing by his company showed on Tuesday.

Hedge funds are positioned to squeeze more profits from JPMorgan's losing position in U.S. credit derivatives, after racking up tidy gains that could end up costing the bank over $3 billion.

The startup telecommunications company bankrolled by hedge fund manager Philip Falcone has filed for bankruptcy protection.

A leading fund manager called on the board of Chesapeake Energy to fire its chief executive on Monday after it revelations that he had taken $1.1 billion in personal loans against his stakes in the energy company.

JPMorgan Chase lost at least $2 billion in its failed hedging strategy not only because it was sloppy, but because it grew too big in a rarified market of complex financial instruments that it had created.

Asia focused hedge funds have more than recovered all the assets lost after last year’s dire performance although the industry has still underperformed local stock markets in the first quarter of 2012, according to industry data. The FT reports.

The embattled natural gas producer said it may delay the sale of its assets in order to preserve cash flow needed to comply with requirements of its corporate credit facility.

Many of the hedge fund traders gathered at the Skybridge Alternatives investor summit in Las Vegas are enthusiastically seeking out the once "toxic" mortgage bonds for their portfolios.

JPMorgan’s $2 billion trading loss announced does not bear the earmarks of coming from a “rogue” trader and what follows is likely to be worse for the Wall Street bank rather than better, Dennis Gartman, founder of The Gartman Letter, told CNBC on Friday.

The Volcker Rule is driving talented traders to leave large, well-known Wall Street investment banks for hedge funds, Reservoir Capital founder Daniel Stern said at the Skybridge Alternatives (aka SALT) investor summit Wednesday.

After years in which trauma in the global macro-economy drove many investors toward so-called "global macro" strategies, there is now apparently a shift underway. And it is being felt on the ground level, by folks whose job it is to raise capital for hedge fund managers.