Steve Cohen’s comeback is said to have begunCohen, 61, has also lost some seasoned portfolio managers when he became a family office.
06 Sep, 2017, 08.45 AM IST
Rajaratnam and 75 other reasons hedge funds are scared straightInvestors pulled millions out of funds and some firms shut down even though charges against their employees were dropped or never even file...
15 Jan, 2016, 05.20 AM IST
Preet Bharara puts another Indian-American in jail for insider tradingPreet Bharara nailed Mathew Martoma, who worked for hedge-fund billionaire Steven Cohen, getting him 9 years in prison for insider-trading.
10 Sep, 2014, 11.56 AM IST
SAC's Martoma gets 9-year prison sentence for record insider trading schemeProsecutors accused Martoma of making illegal trades in pharmaceutical stocks based on tips about a clinical trial for an Alzheimer's drug.
09 Sep, 2014, 01.33 PM IST
- Preet Bharara's office recovers nearly $ 4 billion since Jan 2013
Forfeited funds are generally deposited into the Department of Justice Assets Forfeiture Fund and the Department of Treasury Forfeiture Fun...
12 Feb, 2014, 12.17 PM IST
No immunity for SAC Capital Advisors' Indian origin portfolio manager in caseOne of the key figures in the government's crackdown against SAC is the firm's former Indian-origin hedge fund portfolio manager Mathew Mar...
05 Nov, 2013, 02.46 PM IST
Indian-origin hedge fund manager Mathew Martoma pleads not guilty on insider tradingMathew Martoma pleaded not guilty today to criminal charges after he was indicted last month in one of the "most lucrative" insider trading...
04 Jan, 2013, 02.52 AM IST
Indian-origin hedge fund manager Mathew Martoma indicted in insider tradingHe had worked with CR Intrinsic Investors, an affiliate of SAC Capital Advisors. SAC is owned by Steven Cohen, who is among one of the worl...
26 Dec, 2012, 02.58 PM IST
Indian-origin hedge fund manager Mathew Martoma freed on $5 million bondMathew Martoma, 38, appeared in a brief court hearing yesterday before US Magistrate Judge James Cott and was informed of his rights as a c...
27 Nov, 2012, 12.28 PM IST
- Rajat Gupta's judge has track record of showing leniency in insider cases
The judge who will sentence Rajat Gupta for insider trading has a track record of cutting the government's recommended punishment in some c...
19 Jun, 2012, 02.38 AM IST
- Wall St data diggers common thread in insider trading probe
John Kinnucan’s questioning by the FBI in a broad insider-trading investigation has put the spotlight on money managers and their use of a ...
26 Nov, 2010, 02.45 AM IST
- Federal investigators turn up heat on Wall Street, raid 3 hedge funds
Federal investigators have turned up the heat on Wall Street, raiding three hedge funds in what one of the targets called a wide-ranging pr...
23 Nov, 2010, 10.48 AM IST
- Euro Plan 'B' currency seen to give Greece hope
An alternative to euro is needed to let Greece and other EU nations devalue their way to financial health, says a veteran fund manager. Gre...
30 Apr, 2010, 12.22 AM IST
- US launches probe into hedge funds' euro bets
The US Justice Department has launched an investigation into whether hedge funds might have acted together betting against the euro, a sour...
04 Mar, 2010, 02.52 AM IST
- Galleon case probe widens, SAC ex-employee gets notice
Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of t...
26 Oct, 2009, 01.10 AM IST
- Blackstone Asia hedge fund plans Oct start-sources
A new fund management firm backed by private equity giant Blackstone Group aims to raise $500 million to $1 billion for the launch an Asia-...
28 May, 2008, 06.33 PM IST
- Richest US hedge fund managers earn more in ’06
The wealthiest US hedge fund managers and traders became a lot richer last year when five of them took home $1 billion or more each.
11 Apr, 2007, 03.10 AM IST