Hedge Funds

SEC investigating Melvin Capital Management

The SEC is investigating Melvin Capital Management's risk controls and investor disclosure after the hedge fund was crippled by the meme-stock rally last year.

Hedgeye sues Solstein Capital over alleged intellectual property theft

Independent research firm Hedgeye Risk Management has filed a lawsuit against a financial-TV personality and hedge fund manager in federal court alleging theft of the outfit's proprietary analysis by a former company executive that is also subject of litigation, FOX Business has learned.

Growth hedge funds suffer worst rout in years

Stock markets’ selloff in January dealt double-digit losses to a range of hedge funds investing in technology and other fast-growing companies, sparking questions about whether a popular and lucrative strategy for these firms is running out of steam.

Spanx reportedly in talks to sell

Shapewear giant Spanx has reportedly put out feelers over the prospect of selling, according to a report from The New York Times.

William Ackman SPAC nears $40 billion Universal Music deal

Hedge-fund billionaire William Ackman's special-purpose acquisition company is nearing a transaction with Universal Music Group that would value the world's largest music business at about $40 billion, people familiar with the matter said.