Hedge funds

The Top 25 Firm based in Raleigh, North Carolina, has acquired a Denver-based firm with an extensive business in fund audits.

The U.S. Fifth Circuit Court of Appeals in New Orleans sided with the private funds industry, which argued that the agency overstepped its authority.

Testifying at a London court from a Danish prison via a video call, Sanjay Shah insisted that his controversial so-called Cum-Ex trades were lawful and that any rumors circulated in the industry were merely due to jealousy.

New rules will require firms to provide more details with watchdogs, including investments, borrowing and counterparty exposure.

The SEC's recently finalized rule on private fund advisors will impose new requirements.

Hedge funds and private equity firms will have to disclose more about their fees and face new restrictions from the Securities and Exchange Commission on giving investors special treatment.

The Securities and Exchange Commission adopted new rules and amendments aimed at tightening the regulation of private fund advisors.

Danish prosecutors allege Shah oversaw a trading scam using a loophole on dividend payouts to reap duplicate tax refunds.

Workers were able to invest their retirement nest egg in the famously profitable employee-only fund fee-free, until it caught the attention of the Internal Revenue Service.

Private placement life insurance, or PPLI, is a decades-old strategy that has been gaining popularity among the super-wealthy as a way to protect their fortunes from income and estate taxes.

Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.

It's counterintuitive, but basic short selling can boost the after-tax return on an entire retirement portfolio.

Under a commission proposal, funds’ financial statements would need to be audited at least annually.

The founder of Renaissance Technologies and his colleagues will pay billions to resolve one of the biggest tax disputes in U.S. history.

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.

Bernard Madoff’s death in prison doesn’t change much for his victims, many of whom are still waiting to be made whole.

Thomas Sandell and Sandell Asset Management are paying $105 million to New York, the biggest fine of its kind in the state.

Three House Democrats are pushing legislation that would repeal the carried-interest tax break used by fund managers to reduce the levies they owe to the Internal Revenue Service.

Former investment banker Paul Mora is the first Cum-Ex suspect placed on Interpol’s public list of most-wanted suspects as Germany launched an international search for him in an escalation of its vast tax-evasion probe.

A second hedge-fund trader was named by Danish prosecutors as a defendant in a dividend tax scheme they say defrauded the Nordic country out of 9.6 billion kroner ($1.6 billion).