Avenue Capital’s Lasry will not be envoy to France: source
NEW YORK (Reuters) - Billionaire trader Marc Lasry told investors in his $12 billion Avenue Capital that he will remain at the hedge fund and not become the next U.S....
All Stories
Avenue Capital’s Lasry will not be envoy to France: source
NEW YORK (Reuters) - Billionaire trader Marc Lasry told investors in his $12 billion Avenue Capital that he will remain at the hedge fund and not become the next U.S....
Avenue hedge fund names CIO as Lasry seen getting ambassadorship
NEW YORK (Reuters) - As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has...
If fund manager Lasry gets ambassador nod, investors likely to stay
NEW YORK (Reuters) - It's not every day that a money manager gets tapped as the next ambassador to France, but investors in Marc Lasry's $12 billion hedge fund Avenue...
Cohen’s SAC to pay $616 million in SEC insider trade settlement
(Reuters) - Hedge fund titan Steven A. Cohen's firm is paying $615.7 million to settle charges that it improperly traded in two stocks, in what is the largest-ever, insider trading...
For mortgage masters, 2013 is a bond-picker’s market
NEW YORK (Reuters) - For hedge funds that specialize in mortgage bond investing last year was almost too easy when it came to making money. But this year, mortgage debt...
Apple battle yet to bear much fruit for Einhorn fund
NEW YORK (Reuters) - In a month when outspoken hedge fund manager David Einhorn went to battle with Apple Inc over the best use of the tech company's cash, his...
Tepper, Icahn, Cohen top Forbes hedge fund rich list for 2012
NEW YORK (Reuters) - Five of the $2 trillion hedge fund industry's biggest names each took home more than $1 billion in earnings last year, according to an analysis released...
Exclusive: Goldman to begin fresh round of job cuts
(Reuters) - Goldman Sachs Group Inc will begin its annual job cutting process as early as this week, sources familiar with the matter said on Monday, with its equities-trading business...
Head of Morgan Stanley’s fund-of-funds moving to Carlyle
NEW YORK (Reuters) - The head of Morgan Stanley's fund-of-hedge-funds business, Jacques Chappuis, will leave the firm in May and join Carlyle Group LP as a managing director, according to...