Katherine Burton

There are 20 states that have sovereign wealth funds, generally funded by commodities or land, that might serve as models.

The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."

The $349 billion stimulus package from the Small Business Administration provides loans to cover payroll, rent and utilities for up to eight weeks.

Flagship funds at Ken Griffin's firm had been down 5.3% through March 20 before things turned around.

The firm sent a memo to advisors telling them to withdraw about $80 million from a fund because of illiquid investments and elevated volatility, according to two people familiar with the matter.

The son of a hedge fund founder was charged with murder after New York police said he staged the shooting death of his father to look like suicide.

SAC Capital Advisors LP is seeking to calm investor concern about founder Steven A. Cohen’s trading in two drug stocks and possible regulatory sanctions after prosecutors for the first time tied Cohen to a specific transaction at the center of an insider-trading investigation.