Topic: Hedge Fund Management
Credit Suisse to expand Asia prime services
Reuters US Online Report Business News
HONG KONG (Reuters) - Credit Suisse <CSGN.VX> 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 eager to set up base in the region ...
Citadel top investment banking exec leaves
Reuters US Online Report Business News
CHICAGO (Reuters) - The top executive of Citadel Investment Group's investment banking unit has left the firm, a company spokeswoman confirmed on Saturday. Todd Kaplan, who joined the Chicago-based hedge fund firm in March as it launched its new investment banking business, resigned from the company on Friday, Citadel spokeswoman ...
Strong hedge gains help end '09 on high note
Reuters US Online Report Business News
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. But the hangover from 2008, when clients reacted to the industry's worst-ever ...
Investors earmark $1 billion for Citadel
Reuters US Online Report Business News
BOSTON (Reuters) - Investors are ready to bet big again on superstar hedge fund manager Kenneth Griffin, having told his Citadel Investment Group that they plan to commit $1 billion early next year, people familiar with the matter said. For Griffin, a 41-year-old billionaire, the news caps a year in which ...
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