Hedge Fund - Sculptor Capital

Daniel Och is ceding some of the chips in his hedge-fund empire as he hands over the reigns to the next generation of leaders.

Billionaire Dan Och’s hedge fund is pennies away from raising a red flag at the New York Stock Exchange.

In the third quarter, like every quarter since the end of 2014, Och-Ziff Capital Management Group LLC saw clients pull money from its hedge funds.

Politics will have to wait for Crispin Odey.

Warren Buffett’s company is taking a small stake in digital-payments firm Paytm.

The recovery in the oil industry is attracting some of the most recognized billionaires in money management.

Och-Ziff Capital Management Group LLC succeeded in pulling in fresh capital for a second straight quarter, but the cash didn’t come from their hedge funds -- which keep losing money.

BlueMountain Capital Management, a $21bn New York hedge fund that is expanding its equities strategies, has recruited a portfolio manager from a rival to run its investments in financial stocks.

Ironwood Pharmaceuticals' stock rose Tuesday after the company said it plans to separate next year, immediately establishing profitability for its commercial entity and separating some of its pipeline...