Grave new world

Top Features

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  William Browder’s war

  Reeling from the death of his lawyer in Russia, Hermitage founder William Browder is campaigning for justice — while working to reinvent himself as a global investor.

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  Occupy Wall Street’s hedge fund fans

  Some traders give the protesters more than just advice.

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  Medicine man

  Oncologist-turned-fund manager Patrick Welton tweaked his methods to win institutional clients and now expects the changes to see him through a rough patch.

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  Small is Beautiful

  CIO Peter Gilbert finds a $1 billion endowment can exploit opportunities denied to bigger funds, such as his former employer, the Pennsylvania State Employees’ Retirement System.

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  Grave new world

  Managers and investors at the AR Symposium say that while opportunities are out there, the macro picture is still frightening.

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  Thriving in tough times

  Winners of the seventh annual AR Awards showed strong performance in a tricky climate.

Hedge Fund Profiles

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  From metaphysics to mortgages

  Former philosophy professor Donald Brownstein crafts investment strategies as eclectic as his thinking at hedge fund firm SPM

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  Decoding BlackRock’s Black Box

  After a string of acquisitions created a $113 billion alternatives powerhouse, the intensely secretive firm is emerging from the shadows

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  Hildene’s pure play

  Brett Jefferson discovered a now-distressed esoteric security used to raise capital for banks during the credit bubble and put his fund on the map

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  Mike Masters: The making of a maverick

  Mike Masters operates outside the hedge fund establishment, but his idiosyncratic style suits his investors just fine.

Hedge Fund Investor Profiles Subscribe to RSS feed

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  Flying Dutchman

  An Amsterdam pension services outfit is blazing a trail with its innovative investments in U.S. hedge funds.

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  Addition by subtraction

  How South Carolina Retirement Systems’ CIO Robert Borden is teaming up with Apollo and Lighthouse to whittle down his exposures

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  Knoxville takes two

  The pension for city employees is revamping its funds-of-funds portfolio.

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  Where the money is

  J.P. Morgan’s private bankers court hedge fund managers

Latest news

• Harvard Management veterans prepare Emeth Partners
• As billions flow in, Pine River launches two new funds
• Tepper protégé forges new fund
• Einhorn: $11.3 million U.K. market abuse fine is “unjust and inconsistent”
• Diamondback Capital: In a harsh light
• Teetering on the brink, mostly
• Brand Names: December 2011
• Eton Park partner Omar Saeed leaves for Hutchin Hill
• Eton Park: “We are very disappointed”
• 2012 Investor Outlook: Huge disparities, no shift to small funds
• AR Database Top 40: 2011
• AR Database Top 40: December 2011

Strategies Subscribe to RSS feed

• 
  Focusing on Kodak

  The company’s fate is in the hands of investors, who are at odds about its future.

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  FairPoint takes investors on wild ride

  Bulls say volatility in the telco’s share price is worth it, but bears are steering clear

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  A potentially parlous exit from gold

  Will hedge funds’ exodus from the once-hot commodity create fresh banking turmoil?

Research and Rankings Subscribe to RSS feed

• 
  Five to watch

  Flexibility and a focus on niche strategies have powered these five young funds to stellar returns despite the market’s volatility

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  Billion Dollar Club

  The largest 241 American hedge fund firms gain $102 billion in the first half of 2011, for a total of $1.399 trillion. Bridgewater Associates maintains its number one spot with $70.30 billion

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  Hedge fund report card

  Investors now prize performance over liquidity and transparency—and managers who made the big bucks have shot up in the rankings

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  The return of the mega launch

  Some 29 new American hedge funds garnered $10.3 billion for the first half of the year, but nearly half that came from a single blockbuster launch

Hedge Fund Philanthropy Subscribe to RSS feed

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  Standing up for disabled kids

  Octagon’s Mead Welles helps children with missing limbs live normal lives.

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  A tragedy spawns a search for answers

  Marathon’s Andrew Rabinowitz founded R Baby in honor of his late daughter.

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  Kyle Bass is betting on veterans

  Hayman’s Kyle Bass says Troops First puts wounded soldiers back on track.

Absolute Return Indices December 2011

* Estimate

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