Topic: Hedge Fund Management
Citi in advanced talks to sell hedge business: report
Reuters US Online Report Business News
NEW YORK (Reuters) - New York-based SkyBridge Capital is in advanced talks to purchase Citigroup Inc's <C.N> $4 billion hedge fund business, according to the Wall Street Journal. Citi said last year it planned to offload billions worth of non-core assets amidst the global financial crisis and ...
Credit Suisse to expand Asia prime services
Reuters US Online Report Business News
<div><p>HONG KONG (Reuters) - Credit Suisse &lt;CSGN.VX&gt; will increase the headcount in its prime brokerage team in Asia by 15 percent to 20 percent in 2010 as it aims to win business from the increasing number of global hedge funds ...
Citadel top investment banking exec leaves
Reuters US Online Report Business News
<div><p>CHICAGO (Reuters) - The top executive of Citadel Investment Group's investment banking unit has left the firm, a company spokeswoman confirmed on Saturday.</p><p>Todd Kaplan, who joined the Chicago-based hedge fund firm in March as it launched its ...
Strong hedge gains help end '09 on high note
Reuters US Online Report Business News
<div><p>BOSTON (Reuters) - For hedge funds, 2009 will be remembered as one of the industry's best ever -- a year when managers delivered strong gains after 2008's drubbing and investors returned to the fray with new money.</p><p>But ...
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