Justice Department Looking Into Alleged HSBC Leak to HF
The U.S. Justice Department is investigating allegations that an employee of HSBC Holdings Plc leaked confidential client information to a major hedge fund, the Wall Street Journal report...
Private-Equity Consultants Are Under Scrutiny
Buyout firms deploy these professionals, often known as operating partners, as in-the-field experts when they acquire a company and set out to improve its operations. Their salaries are typically pai...
Maloney's Private Equity Firm Pays $2.3M To Settle SEC Charges
I spend most of my time digging into Wall Street, hedge funds and private equity firms, looking for both the good and the bad. I also focus on the intersection of business and the law. I have worked ...
U.S. CFTC Revokes SAC Capital's Registration as Commodity Hedge Fund
The settlement between the Commodity Futures Trading Commission and the two SAC Capital units comes after the Securities and Exchange Commission took similar steps in June to bar the once-powerful he...
Former Hedge Fund Manager in Bay Area Charged With Fraud
The Securities and Exchange Commission today announced charges against a former hedge fund manager accused of fraudulently taking excess management fees from the accounts of fund clients and using th...
Dolby Family Launches Venture Capital Fund
Dolby Family Ventures anticipates making four to seven investments per year, with capital at risk of approximately $3 million per company. The fund is not affiliated with Dolby Laboratories, Inc.
Emerald Performance to be Acquired for Over $1B
The deal underscores private equity's affinity for specialty chemicals companies, which can have higher margins and be less susceptible to economic swings than companies in the wider
chemical sector....
Aussie Motorcycle Gang Cloned M6 Securities Site; Fleeced Its Customers
Taskforce Maxima detectives arrested a 25 year-old man on Monday and allege that he laundered $500,000 cash through bank accounts he controlled last year. Police said the man was a member of the Bandidos when the alleged offences occurred.
More on the SAC Controversy - Surveillance is on the Agenda
An exterior view of the headquarters of SAC Capital Advisors, L.P. in Stamford, Connecticut July 25, 2013....
Hedge Fund Elliott Management Places a 6.3% Stake in Juniper Networks and is Determined to Restructure the Company
Elliott Management has taken a 6.2% stake in Juniper Networks and wants the company to conduct a $3.5 billion share repurchase program....