Hedge Funds
 Louis, who was a Carlyle managing director, agreed to pay a civil penalty of S$434,912 ($314,288) without court action, the Monetary Authority of Singapore said Wednesday. While working as UBS’s head of Indonesia in 2012, Louis made a profit of S$173,965 trading shares of PT Bank Danamon Indonesia through his wife’s Singapore bank account, after obtaining non-public information on the proposed acquisition of Danamon by DBS Group Holdings Ltd., the MAS said....