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  • April 14- Tudor Investment Corp's clients have made requests in recent weeks to pull more than $1 billion from the hedge fund founded by billionaire Paul Tudor Jones after three years of dull returns, Bloomberg reported, citing sources. The investor redemption requests followed the exit of several veteran fund managers, Bloomberg said on Thursday, citing two...

  • NEW YORK, April 14- The board of New York City's largest public pension fund voted on Thursday to unwind all of its hedge fund investments and stop future investments in the asset class, according to the city's public advocate, a trustee at the pension fund. NYCERS had $1.7 billion invested in hedge funds as of June 30, 2015, according to its latest financial report.

  • NEW YORK, April 14- The board of New York City's largest public pension fund voted on Thursday to stop future investments in hedge funds and unwind all current investments in the asset calls, according to the city's public advocate, a trustee at the pension fund.

  • BOARD OF NEW YORK CITY PUBLIC PENSION FUND NYCERS VOTES TO STOP HEDGE FUND INVESTMENTS-CITY PUBLIC ADVOCATE.

  • NEW YORK, April 14- A pension fund for New York City employees is expected on Thursday to vote to unwind its hedge fund investments, according to a source familiar with the discussions, a sign of growing dissatisfaction with the asset class among public pension funds. The board of the New York City Employees' Retirement System, the largest city pension fund, will...

  • *Worst-ever first quarter for Europe's $14 bln Brummer. LONDON, April 13- Big-name hedge funds favored by pension funds and the ultra-wealthy for their track record of stellar returns took a battering in the first quarter of 2016, with some posting their worst-ever start to a year on record. U.S. funds Citadel and Millennium Management are down 6 percent and 4.2...

  • NEW YORK, April 13- Investing in Glacial Energy Holdings Inc should have been a disaster. By 2013, Texas utility regulators had fined Glacial $100,000 for overbilling customers and not disclosing that founder and Chief Executive Officer Gary Mole's previous energy venture had collapsed. Mole was forced to resign from the company's Texas subsidiary.

  • Just five start-ups surpassed a $1 billion valuation in the first quarter of 2016 as venture capitalists held tight to new cash.

  • April 12- The U.S. Justice Department is in talks with hedge fund Och-Ziff Capital Management Group LLC over a possible criminal guilty plea in relation to a five-year international bribery investigation, the Wall Street Journal reported. Shares of the New York- based firm- one of the few publicly traded hedge fund firms, with $42 billion in assets under...

  • April 12- The U.S. Justice Department is in talks with hedge fund Och-Ziff Capital Management Group LLC over a possible criminal guilty plea in relation to a five-year international bribery investigation, the Wall Street Journal reported. Federal authorities are pushing the New York- based firm to plead guilty in what would be a rare move for a big financial...

  • April 8- Money managers slashed their bullish exposure in U.S. crude by the most in three months ahead of a sharp oil price rally this week, trade data showed on Friday. The managers of hedge funds and other investment firms that speculate on oil cut their net longs in U.S. crude options and futures by 21,831 contracts to 177,504 for the week ended Tuesday, the...

  • LONDON, April 8- Hedge funds investing in China lost an average of 7.4 percent in the first quarter of 2016, the fallout of a turbulent three months for the world's second largest economy, all but wiping out all the previous year's profits, data from eVestment showed. Public media in China lashed out at hedge fund "speculators" and regulators took a raft of measures...

  • Swisher: Not the end of Twitter board shakeup

    Kara Swisher, Re/code Executive Editor, talks about the various bids for Yahoo, as well as the Twitter boardroom shuffle.

  • BOSTON, April 6- Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said. The numbers put the New York- based firm, which manages roughly $6 billion in its hedge fund, among the year's worst performers, a rare misstep for...

  • BOSTON, April 6- Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said. For the New York- based firm, which manages roughly $6 billion in its hedge fund, the numbers put it among the year's worst performers, marking a...

  • BOSTON/ NEW YORK, April 5- For hedge fund titan John Paulson, history may be repeating itself. The Paulson Partners fund, which bets on corporate events such as mergers, is down 7.7 percent in 2016 through February, according to a person familiar with the returns. The Paulson Advantage Plus Fund lost 11.24 percent in the first two months of the year.

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the $550 million BBL Commodities Value Fund...

  • NEW YORK, April 4- Oil is in an early bull run despite the notion prices have rebounded too fast, too soon, hedge fund manager Jonathan Goldberg says as his energy-focused investment fund posts a 9 percent gain in the first quarter of this year. "Yes, the market is not as short as it was when prices were $26," Goldberg, manager of the energy-focused $550 million BBL...

  • BOSTON, April 1- Cider Mill Investments joined the $2.9 trillion hedge fund industry on Friday when founder Tom Wilcox, a former executive at Shumway Capital, officially began trading the newly established firm's $150 million in assets after years of managing his personal money. A spokeswoman for Cider Mill declined to comment. For Wilcox the launch marks a...

  • April 1- Hedge fund Appaloosa LP revealed a higher stake in TerraForm Power Inc, one of the two publicly listed units of SunEdison Inc, as it pursues an overhaul of a committee that oversees TerraForm shareholder rights. Billionaire David Tepper- led hedge fund said on Friday it owned 10.88 percent in TerraForm as of March 29, higher than the 9.50 percent it held as...