KIC asks Elliott not to invest in Korean-based businesses
Posted: August 18, 2015
South Korea’s sovereign wealth fund Korea Investment Corp has asked Elliott Management not to invest in Korean-based businesses, reports the [Read More]
SS&C to acquire Citi’s Alternative Investor Services business for $425M
Posted: August 18, 2015
Citigroup is selling its Alternative Investor Services business – which includes Hedge Fund Services and Private Equity Fund [Read More]
Citigroup to pay $180M to settle fraud charges on two hedge funds
Posted: August 17, 2015
Citigroup has agreed to pay close to $180 million to settle charges that Citigroup Global Markets and Citigroup Alternative Investments [Read More]
Investors want to pull 48% of Claren Road assets
Posted: August 17, 2015
Investors have requested $1.97 billion in redemptions out of Claren Road Asset Management’s $4.1 billion asset base. The disclosure was [Read More]
Gold – Paulson vs Druckenmiller
Posted: August 17, 2015
Latest13F filings show that John Paulson is paring back his gold holdings while Stanley Druckenmiller is buying. Druckenmiller’s Duquesne [Read More]