P&I news: Nexar Capital buys hedge fund-of-funds firm Ermitage http://ow.ly/1ctfyP – by P_and_I (Pensions&Investments)

Philanthropy News: Blackstone Co-Founder To Receive Hedge Fund Philanthropy Award – HedgeCo.net http://ow.ly/1cck0F – by Philanthr_ (Philanthr.Org)

Hedge Fund Live Dean Machado, Head Portfolio Manager, discusses important market-moving news as he and fellow traders prepare for the day. This news will help everyone around the trading desk plan their strategies for trading in the market today. This short clip was taken from a longer video. To see the remainder of this video, and others like it, please visit www.hedgefundlive.com and join for free!

Former International Business Machines (NYSE:IBM) executive Robert Moffat persuaded a federal judge to allow him to begin serving his prison sentence 8 months earlier than scheduled in order to allow him to go to his son’s college graduation next year. Moffat was sentenced to six months in prison due to his role in an insider trading scheme. Moffat has confessed to leaking confidential information to a former hedge fund consultant affiliated with New Castle Funds. This same consultant is also involved in the insider trader case surrounding Raj Rajar-at-nam and his Galleon hedge fund.

Dallas hedge fund charged in short sale scheme AXcess News (Tip Report) Dallas – On Thursday, the SEC levied charges against Dallas-based hedge fund, Carlson Capital, LP for participating in four public offerings … Texas Bad Boys: Carlson Capital to pay $2.6m SEC fine for “Issue Doctoring”WIREDVC: Venture Capital & Funding News all 2 news articles »

Source: Hedge Fund – Google News

Moneycontrol.com

Dallas-based hedge fund to pay SEC $2.6 million Dallas Morning News A Dallas-based hedge fund agreed Thursday to pay $2.6 million to the Securities and Exchange Commission to … SEC v. Hedge Funds: This Week It's a TieNew York Times (blog) Vision Capital ensnared in PIPE deals probeFierceFinance Carlson Capital Pays $2.6M to Settle Short Selling Charges with SECPIPEwire MarketWatch -Futures Magazine -Wall Street Journal all 38 news articles »

Source: Hedge Fund – Google News

Lawyer, Hedge Fund Promoters Sued by SEC Courthouse News Service MINNEAPOLIS (CN) – A Minnesota attorney and two San Francisco-area hedge fund promoters defrauded investors of more than $21 million by concealing the … SEC charges three Bay Area men in fraud caseSan Francisco Chronicle (blog) all 58 news articles »

Source: Hedge Fund – Google News

Financial News: The Slow Death Of Funds Of Funds Wall Street Journal The fund of hedge funds industry is facing a slow death as investors bypass their services in … Hedge funds look to new pools of capitalFinancial News Why A Fund Of Funds May Be A Terrible Idea If You're Looking For DiversificationThe Business Insider Newcits' advantages questionedFinancial Times Financial News (subscription) all 6 news articles »

Source: Hedge Fund – Google News

Top Diamondback Trader Bolts Fund to Join Tudor ABC News NEW YORK (Reuters) – Larry Petrella, a partner with Diamondback Capital Partners, is leaving the $4 billion hedge fund … Diamondback Trader Joins TudorEmii.com all 15 news articles »

Source: Hedge Fund – Google News

The Washington Post Company (WPO) has told conservative magazine Newsmax and Illinois hedge fund manager Thane Ritchie that it would not consider any bids they submitted for Newsweek, according to the New York Times. Audio equipment entrepreneur Sidney Harman and former New York Daily News publisher Fred Dasner are expected to submit bids for the magazine.