Hedge fund CEO killed in gliding accident (Fund News)
Jean-Pierre Aguilar, chief executive officer of Capital Fund Management, was killed in a gliding accident over the weekend, according to a letter to investors.
U.S. marshals seized the luxury $7m New York City penthouse apartment of imprisoned fraudster Bernard Madoff and his wife, Ruth, officials said on Thursday.
Sweden marked the first day of its six-month European Union presidency on Wednesday by coming to the defence of hedge funds and private equity, promising to press for improvements in EU proposals for tougher regulation of both groups.
The widening investigation into Bernard Madoffâ??s $65bn "Ponzi" scheme is focusing on at least 10 other individuals and more criminal charges are likely, according to a person close to the investigation.