NEW YORK, Oct 6- William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Tuesday that financial market volatility was being driven by short-term money without regard to long-term economic fundamentals and that Valeant Pharmaceuticals International Inc was the most undervalued stock among his top holdings.» Read More
Humbled bond manager Bill Gross just got a vote of confidence from one of the most successful investors of all time.
SPQR has won a big judgment in a long-running legal saga that accuses TPG and Apax of bankrupting a Greek telecom.
Man Group took in $1.2 billion in new money in the past quarter in part because of this strategy.
Billionaire investor Paul Singer has a message for California Public Employees' Retirement System: Dumping your hedge funds makes no sense.
Heads he wins. Tails he wins. That was the situation Bill Ackman found himself in — or perhaps more accurately, orchestrated — on Monday.
Bill Ackman isn't the only hedge fund manager who likely made big money on the Allergan deal.
The big money can't make up its mind about stalled haircut giant Regis.
Herbalife was unaware until just days ago that one of its directors was charged in 2008 fraud case in Brazil.
The private equity owners of Hostess Brands are planning to put the maker of Twinkies and Ding Dongs up for sale, potentially valuing it at more than $1.7B.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.
When the landmark Hong Kong-Shanghai equity link debuts on Monday, hedge funds are expected to plunge into mainland shares.
Lonestar Capital Management, a $1 billion hedge fund based in San Francisco, is shutting down, according to The Wall Street Journal.
Marcato Capital Management has released a letter and presentation urging Intercontinental Hotels to merge with a competitor.
Sotheby’s battle with activist investor Dan Loeb resulted in a special charge of $20.1 million in the first nine months of 2014.
HSBC, a big hedge fund investor, has recently lost four senior people in its private banking unit responsible for picking them.
One of the most important Republican donors in America today is a hedge fund manager who keeps a low profile.
Greenlight Capital founder David Einhorn is tweaking his bets after losing money in a "frustrating" third quarter.
Academia continues to rebuild its fiscal position after being whacked in the financial crisis with a heavy allocation to alternative investments.
Singapore's Temasek and GIC were the most active sovereign wealth funds last year, closing deals even as their peers' efforts slackened, a report said.
This billionaire really likes Halloween. Every year, hedge fund titan Marc Lasry turns his posh New York City home into an elaborate haunted house.