Investors question performance at Renaissance fund (Fund News)
Investors in a hedge fund run by James Simons are questioning why a fund held by the mathematics professor-turned-investor and his colleagues has made big gains while another held mostly by outside investors has lost money, The Wall Street Journal reported.
Private equity firm Carlyle Group on Thursday agreed to pay $20m following an investigation by Andrew Cuomo, New York attorney-general, into alleged corruption at the stateâ??s biggest public pension fund.
Former Ospraie and BNP employees plan new commodity fund (Fund News)
Andrew Suckling, a former partner at Ospraie Management LLC, and Russell Plackett, previously head of metals trading at BNP Paribas SA, plan to start a hedge fund investing in commodities.