International Securities Exchange, one of the largest US options markets, on Friday became the largest shareholder in Direct Edge, an alternative equities trading platform.
Macquarie Airports (MAP) on Tuesday announced an overhaul of its balance sheet that will see the Australian fund selling A$1.5bn of European airport assets to fund a A$1bn share buy-back and help deleverage the company.
Canadian Hedgefund-Manager ordered to pay $300m in compensation (Fund News)
A US judge ordered Paul Eustace, a Canadian hedge fund manager, to pay $279m to compensate investors in Philadelphia Alternative Asset Managementâ??s four failed funds for losses while fining him and his company $20.8m.