BlackRock misses earnings expectations… lower hedge fund performance fees cited

BlackRock experienced a 20% drop in quarterly net income to $657 million. Profits at $657 million were down from $822 [Read More]
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Steve Cohen lays groundwork for return by setting up Stamford Harbor Capital

Steven Cohen has set up Stamford Harbor Capital which is registered with the SEC.  It will share some of the [Read More]
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South Korea’s National Pension Service to invest $867M in overseas hedge funds

South Korea’s National Pension Service will invest 1 trillion won ($866.7 million) in overseas hedge funds for the first time [Read More]
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Blackstone is shutting down Alternative Multi-Manager Fund

Blackstone Alternative Investment Advisors is closing down Blackstone Alternative Multi-Manager Fund (BXMMX), the smaller of its two mutual fund products, [Read More]
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Caspersen likely to settle… trial is unlikely

Andrew Caspersen , the former PJT Partners’ Park Hill Group partner, is likely to settle his criminal case within the [Read More]
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