DE Shaw restores 3/30 fee structure in flagship fund

DE Shaw, which used to charge a 3% management fee and a 30% performance fee in its Composite Fund, cut [Read More]
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Sears Holdings sues Lampert, ESL Investment, Mnuchin, Berkowitz, Seritage and others

The bankrupt estate of Sears Holdings has sued Eddie Lampert, ESL Investments as well as others including Treasury Secretary Steve [Read More]
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Lxyor launches co-investment program for institutional investors

Lyxor Asset Management announced today that it is launching a new program enabling institutional investors to participate in stand-alone co-investment [Read More]
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Hedge funds increasingly adding long-only funds to product offerings

Increasingly hedge fund managers are adding long-only funds to their product lines as the traditional definition of a hedge fund [Read More]
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Texas County & District adds Marshall Wace, fires AQR and Causeway….lowers hedge fund allocation

At its April board of trustees meeting, Texas County & District Retirement reviewed its actively managed international equity managers and [Read More]
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