Eton Park to shut down

Eric Mindich notified investors today that he is closing Eton Park Capital Management due to “a combination of industry headwinds, [Read More]
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MF Global bankruptcy administrator and PwC settle $3B malpractice suit

  MF Global’s bankruptcy administrator and its former auditor PricewaterhouseCoopers have settled the malpractice lawsuit. MF Global was seeking $3 [Read More]
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Survey: 37% of managers likely to reduce management fees in 2017

  Preqin’s Outlook H12017 finds that three-quarters of the 276 managers surveyed would be willing to reduce fees this year [Read More]
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Sightings…

  Ariel Masafy, who had been a portfolio manager at Point72 Asset Management since 2011, has joined Millennium Management.  Masafy [Read More]
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Lampert’s partial protection as Sears teeters on the edge of bankruptcy

  Sears’ stock (SHLD) plunged another 12.3% today to $7.98 per share. Estimates are that drop cost CEO Edward Lampert [Read More]
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