The litigation shows that PIPE Equity Partners has written down its stakes in an NIR Group fund down to 30% of the last reported net asset value.
When federal judge Raymond Dearie asked why Dworkin misled investors, Dworkin implied the purpose was to convince them not to redeem their investment in an NIR Group fund.
FORBES: Convicted Analyst Points Finger At NIR Group founder Ribotsky
Last August, Mr. Cohen invited a small group of fund managers to a strategy session in his 32, 000-square-foot Greenwich home.
On Wall Street, Federal prosecutors used court-ordered wiretaps in the case against Raj Rajaratnam, the founder of Galleon Group hedge fund.
FORBES: All Phone Calls With Brokers In The UK Now Recorded; Coming Soon To Europe and America
"I don't get emotional about this issue, " says Kramer, who used to be a managing director at a Fortress Investment Group hedge fund.
The synthetic diamonds division of the De Beers Group has established a venture group capital fund and opened an office in Santa Clara, Calif.
FORBES: De Beers Opens Venture Capital Shop in Silicon Valley
While working for a micro-finance non-profit in South Africa after graduating college, Beshara created dvelo.org to help charities group-fund donations for projects in developing countries.
Gupta passed that information on to his good friend, Raj Rajaratnam (Galleon Group hedge fund) and Raj subsequently bought Goldman shares for a quick profit.
FORBES: Ex-McKinsey Boss, Rajat Gupta, Sentenced to 2 Years in Federal Prison
Less than a month after Robert Maxwell's death, the Serious Fraud Office began investigating the management of the Mirror Group pension fund, and the company's finances.
Drawing on Warren Buffett's observation that it cannot be a coincidence that a group of investors taught by Benjamin Graham can make above average returns, Mr Mallaby presents original research on the performance of a group of fund managers who worked with Julian Robertson at Tiger Management, and similarly reveals superior returns.
Matthew Fitzmaurice, whose fund of hedge fund group AWJ Capital Partners manages a leading sustainable-focused fund, already has money on the table in those auto industry companies that are leading the way toward higher fuel efficiency and lower emissions.
FORBES: Investors, Workers: Strong Fuel Economy Standards Will Fuel America's Economy
The Hedge Fund Wisdom newsletter reveals the portfolios of an elite group of hedge fund managers and legendary investors.
FORBES: Buffett's Elephant Gun Shoots Bank of America Stock Skyward
According to investment fund watcher Barclay Group, the average currency fund returned 4.5% in 2000.
Big news this week from behemoth bond fund group Pacific Investment Management Company (PIMCO).
Year-to-date flows into this fund group climbed to 40 percent of the full year total for 2012.
The article later describes an exclusive marketing arrangement the firm recently entered into with a large fund group.
Rochester-based private-equity firm Trillium Group has helped fund a number of start-ups, including iCardiac and Thermal Gradiant Inc.
But Fidelity's Select fund group was never intended for widows and war orphans.
BlueCrest Capital Management, a leading British hedge-fund group, is establishing a Geneva office.
For the month of January, flows into this fund group climbed by 40 percent over the full year total for 2012.
Autism Speaks, an advocacy group created to fund research into the causes, treatments and effective diagnostic tools for autism, presented the program.
Latest twist in the ongoing soap opera: Janus founder Thomas Bailey announced in mid-June he's stepping down as the fund group's leader.
In the past, the argument has been that in-house ownership of both a mutual fund group and a retail brokerage could increase revenues through cross selling.
The options vigilantes include Christopher Davis, the portfolio manager for the Davis Advisors fund group, and William Miller, the portfolio chief for Legg Mason funds.
Morgan, an American bank which owns the American Century mutual-fund group, to sell funds bearing its own name through savings banks in Germany and France.
Citadel Investments, the multibillion fund group in Chicago, was the subject of several rumors about its liquidity on Friday, all of which the firm shot down.
Each quarter Frank Waltman, executive VP for product management, holds a large meeting with the chief investment officers of each fund group to review performance and strategies.
At an investment dinner this week, we asked a group of technology fund managers if they would trade off a weekend with a smartphone for personal intimacy.
As many as 900 colleges are pushing students into using payment cards that carry hefty costs, according to the U.S. Public Interest Research Group Higher Education Fund.
Yet when Lockheed Martin, another firm whose 401(k) Fidelity helps run, renominated Enron ex-director Frank Savage to its board this year, the fund group appears to have gone along, the AFL-CIO says.
应用推荐