21 hrs ago
Hedge fund run by Robert Mercer, who funded anti-DeFazio SuperPAC,...
It's a stunning story. According to an investigative report authored by Senators Carl Levin and John McCain , a handful of Wall Street banks and hedge fund managers created an "alternative universe" of financial transactions based on "a series of fictions" designed to help them avoid massive taxes.
Wed Jul 23, 2014
Renaissance funds perform well, firm closes London office
Two funds at Renaissance Technologies, one of the world's biggest hedge funds, are performing better than the average hedge fund, but the company has stopped selling them in Europe because local marketing rules have been tightened.
Senators Blast Dem Mega-Donor Over IRS Investigation into Tax Avoidance Scheme
A major Democratic donor who is funding some of the left's most politically active electioneering groups was subject to bipartisan condemnation this week in the midst of a federal investigation into his hedge fund's tax avoidance schemes.
Mario Gabelli Adds To Position In Hittite Microwave Corp
Mario Gabelli still believes Hittite Microwave Corp is a good investment and has increased his fund's stake in the company.
Mon Jul 21, 2014
Hedge fund dodged over $6 billion in taxes: senators
Hedge fund Renaissance Technologies used structured financial products purchased from Barclays and Deutsche Bank to avoid more than $6 billion in taxes, a pair of senators said Monday.
Fri Jul 18, 2014
The Washington Post
Renaissance Co-CEO Brown to Testify to Senate on Tax Trade
Peter F. Brown, co-chief executive officer of hedge-fund manager Renaissance Technologies LLC, is scheduled to testify before a Senate panel investigating his firm's use of financial products to lower its tax bills.
Thu Jul 17, 2014
Lonestar Capital Management Boosts Stake In Westmoreland Coal Company
Jerome L. Simon is bullish on Westmoreland Coal Company and has increased his fund's investment in this company.
Wed Jul 16, 2014
Barclays, Deutsche Facing U.S. Senate Hearing
Barclays Plc and Deutsche Bank AG face scrutiny over their sale of products to a hedge-fund manager that allowed it to skirt borrowing limits and avoid taxes, according to people with knowledge of the matter.
Obama Library foundation raises more than $850,000
A Chicago investment manager with strong ties to Mayor Rahm Emanuel is among the contributors who have collectively donated more than $850,000 to the foundation overseeing the development of President Barack Obama's presidential library, according to disclosures released Tuesday.
Mon Jul 14, 2014
Hedge Fund Highlights: James Simons, Phil Falcone & Steven Cohen
Renaissance Probed by Senate Panel on Tax Maneuver A U.S. Senate investigative panel will hold a hearing July 22 to probe tax maneuvers by Renaissance Technologies LLC, the hedge fund started by billionaire James Simons , according to two people familiar with the matter.
Sat Jul 12, 2014
Renaissance Said Probed by Senate Panel on Tax Maneuver
A U.S. Senate investigative panel will hold a hearing July 22 to probe tax maneuvers by Renaissance Technologies LLC, the hedge fund started by billionaire James Simons , according to two people familiar with the matter.
Thu Jul 10, 2014
Ariel Investments Dumps POZEN Inc.
John W. Rogers has almost halved his fund's stake in POZEN Inc. , as reported in a recent filing with the Securities and Exchange Commission.
Mon Jul 07, 2014
CSHL Receives $50 Million to Establish Simons Center for Quantitative Biology
Cold Spring Harbor Laboratory today announced a $50 million gift from Jim and Marilyn Simons to establish the Simons Center for Quantitative Biology.
Math vs. cancer: Jim Simons' monster check will fund Long Island data crunchers
The Cold Spring Harbor Laboratory on Long Island will receive a $50 million gift to create the Simons Center for Quantitative Biology, a program that brings advanced numbers-crunching to complex medical research.
Tue Jul 01, 2014
Hittite Microwave Corp (HITT) New Position in Elliott Associates' Equity Portfolio
Paul Singer 's Elliott Associates has recently initiated a stake in Hittite Microwave Corp , as a new filing with the SEC shows.
Thu Jun 26, 2014
Becker Drapkin Management Cuts Stake In PRGX Global Inc
Becker Drapkin Management has reduced its exposure to PRGX Global Inc . The fund, run by Matthew Drapkin and Steven R. Becker , has decreased its holding of the stock to 1.49 million shares according to a recent filing with the Securities and Exchange Commission.
Wed Jun 25, 2014
GAMCO Boosts Stake in Magnetek Inc
In a newly amended filing with the Securities and Exchange Commission, GAMCO Investors , managed by Mario Gabelli , has disclosed owning 150,271 shares of Magnetek Inc .