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Pandit's hedge fund not faring well

The news that Citigroup will essentially wind down Old Lane, the hedge fund firm that Citigroup bought for $800 million, may stand as an omen. The fund--which was Read more...

Hedge fund deals heat up

If there is one part of the tepid deals market that is perky right now, it would be the hedge funds niche. According to Jefferies Read more...

Hedge funds to allow more redemptions

The likelihood that hedge funds would clamp down on redemptions went way in the past year; I can't think of a better way to piss off Read more...

Another hedge fund in trouble?

Pardus Capital Management, a New York hedge fund, became the latest to halt redemptions, according to Financial News Online. The twist here is that the fund was not a credit fund--and it used no Read more...