WSJ.com: Hedge Funds

Citadel Loses Key Executive Russell

Thu, 04 Sep 2008 21:49:00 EDT

Top Citadel Investment Group executive Joe Russell, a key architect of the hedge fund's investments in E*Trade and hedge fund Sowood Capital, has resigned from the firm.

Fortescue's Short Story

Wed, 03 Sep 2008 20:23:00 EDT

Harbinger Capital, a major Fortescue investor, is likely the owner of shares lent out to some short-sellers.

Delphi Faces Counterclaims

Wed, 03 Sep 2008 20:20:00 EDT

Hedge fund Appaloosa and other investors that pulled out of a deal to invest $2.55 billion into Delphi say the auto-parts supplier has to pay them an $82.5 million fee plus expenses.

Ospraie Closes Its Largest Fund

Tue, 02 Sep 2008 21:28:00 EDT

Hedge fund Ospraie, a big player in commodities, is shutting down its largest fund after significant losses.

Hedge Funds Caught in a Tight Spot

Mon, 01 Sep 2008 19:29:00 EDT

Hedge funds are having their worst year since 1990, pressuring the industry as it braces for withdrawals.

Gustav Challenges Catastrophe Bonds

Sun, 31 Aug 2008 13:36:00 EDT

Hedge funds, big holders of catastrophe bonds, are tracking Gustav's movements.

Ex-Goldman Trader Leaves Halcyon

Fri, 29 Aug 2008 20:14:00 EDT

Halcyon, the New York hedge fund that shelved a plan to go public earlier this year, told its clients that a high-profile ex-Goldman Sachs trader whose funds are down significantly had left the firm.

Russell Led Hedge Investors to Losses

Mon, 25 Aug 2008 22:29:00 EDT

Russell Investments has earned a reputation for financial savvy and smart money management. Then it went into the hedge-fund business. The result was a misadventure that has lost Russell and its investors lots of money, and led to a partial retreat from hedge funds.

Ore Hill Closes Fund to Withdrawals

Tue, 26 Aug 2008 19:56:00 EDT

Hedge fund Ore Hill Partners has barred clients from redeeming their money from its flagship offering just as investors clamored for an exit.

Andor Hedge Fund Shutting Down

Wed, 20 Aug 2008 22:19:00 EDT

Andor Capital Management, a hedge fund controlling about $2 billion in assets, is closing down and returning money to investors.

Wood's Fund Takes a Beating

Fri, 15 Aug 2008 08:57:00 EDT

The two-year-old hedge fund founded by Jonathan Wood, a former UBS trader, is down about 85% from its inception through July.

Ospraie and Other Hedge Funds Tumble

Thu, 14 Aug 2008 21:37:00 EDT

Falling commodities prices have pulled some hedge funds deep into negative territory in recent weeks, and the Ospraie Fund is among the most prominent losers.

Hedge Fund Seeks Change at NZ Telecom

Mon, 11 Aug 2008 20:32:00 EDT

Elliott International said it will nominate two new candidates to NZ Telecom's board because of dissatisfaction with the company's performance, and it will push for a structural separation of the company.

Tudor's Hedge Split Was Planned

Thu, 07 Aug 2008 23:32:00 EDT

The hedge-fund break-up that's about to separate two star money managers at Tudor has been in the planning stages for about six months.

Pallotta, Tudor to Part Ways

Fri, 08 Aug 2008 10:02:00 EDT

Hedge-fund pioneer Paul Tudor Jones and veteran stock picker James Pallotta are splitting after 15 years together at Tudor Investment Corp.

Funds' Struggles Hobble Fortress

Thu, 07 Aug 2008 11:28:00 EDT

Fortress Investment Group's second-quarter net loss widened slightly amid a decline in income based on the performance of the company's funds.

Blackstone, GLG Post Losses

Wed, 06 Aug 2008 22:27:00 EDT

Blackstone and hedge fund GLG posted losses amid sharp revenue declines and a drop-off in performance fees.

Hedge-Fund Sluggers Strike Out

Mon, 04 Aug 2008 07:58:00 EDT

Hedge funds appear set to post their worst monthly performance in six years as strategies run into trouble. Some previously highflying funds are sustaining declines in the double digits, and several managers are down more than 20% for the year.

Van Wagoner to Quit Growth Fund

Sun, 03 Aug 2008 23:14:00 EDT

The manager of Van Wagoner Emerging Growth, the worst-performing U.S. actively managed stock fund over the past 10 years, plans to quit.

Should Hedge Funds Take Blame?

Thu, 17 Jul 2008 22:35:00 EDT

Many on Wall Street have urged regulators to step up vigilance on hedge funds. Some say the assaults are little more than the latest chapter in a long history of financial scapegoating.

Funds Put Four on CSX Board

Wed, 16 Jul 2008 23:11:00 EDT

Two hedge funds seeking to overhaul CSX succeeded in getting four board seats, a preliminary report found.

Hedge Funds Subpoenaed in SEC Probe

Mon, 14 Jul 2008 23:01:00 EDT

The SEC has sent subpoenas to more than 50 hedge-fund advisers as part of its investigation into whether individuals spread false rumors to manipulate shares of Bear Stearns and Lehman Brothers.