Hedge fund Boyer Allan Investment Management will close two of its three funds amidst falling performance and assets. The Hong Kong- and London-based firm will shut both its Pacific and Greater China funds, whose assets have dropped from $638 million to about $375 million this year. read more

Asia-focused hedge fund Monsoon Capital Management is preparing an offshore version of its systematic strategy. read more

Bernard Madoff’s top bookkeeper will plead guilty to fraud charges next week, becoming the sixth person to do so in the $65 billion Ponzi scheme. read more

Goldman Sachs moved quickly to replace the retiring Milton Berlinski as co-head of its private equity banking group. read more

Former Chicago Mayor Richard Daley has launched a new alternatives-focused investment and advisory firm. read more

Ward Onsa's first hedge fund venture ended in bankruptcy. His second has ended with a guilty plea. read more

Prosecutors have asked a judge to throw the book at a man convicted of being at the center of an expert-network insider-trading ring. read more

A hedge fund has acquired one of the rarest coins in the world for more than $7 million. read more

State Street has a new head of alternative investments solutions on the Channel Island of Guernsey. read more

Hedge fund veteran and expert Stuart McCrary has joined the Berkeley Research Group. read more