Matrin Curry fined $14 Million Regulators Fine Martin Currie $14 Million British and U.S. regulators have fined asset manager Martin Currie a combined £8.6 million ($13.9 million) for failing to manage a conflict of interest between two of its clients. Hedge Fund Arden Asset Management wins mandate from Mass Pension Board Arden Asset Management will [...]
Hedge Fund Manager will shut down his Centaurus Capital after successful decade. John Arnold (Net worth $3B) told clients of his Centaurus Energy Master Fund yesterday that he would liquidate its holdings and return their capital. The 37-year-old said he planned to “pursue other interests.” Arnold founded Houston-based hedge fund Centaurus in 2002 after leaving [...]
Hedge Fund Manager Louis Bacon built Moore Capital Management LLC into one of the biggest and most successful hedge funds over more than two decades. His record investing in startups run by former traders is less stellar. Salute Capital Management, run by Lev Mikheev, is the third hedge fund backed by Moore and run by [...]
$1 billion energy hedge fund Bluegold Capital Management LLP, co-founded by Pierre Andurand, is liquidating after losing 34 percent last year. The London-based fund will return about 98 percent of investors’ money after calculating asset values this month, Andurand, 35, and co-founder Dennis Crema said today in a letter to clients, a copy of which [...]
