hedge funds News

Pine River Said to Seek Up To $750 Million for Reinsurer

Pine River Capital Management LP, the $14.3 billion hedge-fund firm founded by Brian Taylor, is raising capital for a reinsurance company in the latest push by a money manager into the industry. The firm is seeking to raise $500 million …

SAC Capital’s Reinsurer to Be Sold to Investor Group Headed by Duperreault

Steven A. Cohen, the billionaire founder of SAC Capital Advisors LP, agreed to sell a reinsurer he formed in 2012 after the hedge fund firm reached a $1.8 billion deal to end a criminal investigation. A group led by former …

As Hedge Funds Cater to Insurers and Pensions, Rich Investors Turn Away

Rich private investors are turning their backs on hedge funds because moves to attract more conservative pension fund clients mean managers no longer deliver the big returns they crave. The fastest growing source of new money for hedge funds is …

Hedge Funds Face ‘Make or Break’ Year, Warns Insurance Investor

Large institutional investors who have ploughed tens of billions of dollars into hedge funds may rethink their allocations if the industry performs poorly yet again this year, one large U.S.-based investor said. Christopher Vogt, global head of hedge funds at …

New Systemic Risk Council Faces Key Test

The new council of U.S. regulators will face a major test on Tuesday when it unveils recommendations on how to enforce one of the most recognizable, if inscrutable, aspects of the six-month-old Wall Street reform law: the Volcker rule. The …