Morgan Stanley's James Gorman (above) may suffer a bruising blow to his planned FrontPoint Partners spin-off. The hedge fund stung by an insider-trading scandal has lost about half its value since ...

FrontPoint Partners’ portfolio managers are taking back control of their hedge fund firm four years after they sold it to Morgan Stanley for around $400 million. The sale of the $7 billion firm, which ...

FrontPoint Partners LLC will close some of its hedge funds after clients asked to withdraw money amid charges a manager benefited from an illegal stock tip. "We have received capital redemption ...

It looks like investors don’t want to be part of a hedge fund embroiled in an insider trading scandal. According to published reports, investors have yanked about half of the $750 million managed by ...

FrontPoint Partners bought Ivory Capital Group, a long-short equity hedge fund manager. Terms were not disclosed. Ivory founder Curtis Macnguyen and his 13-person team will join FrontPoint and ...

Hedge fund manager FrontPoint Partners will lay off 28 non-investment employees after clients asked to redeem 40% of the firm’s assets, according to a statement from the company. “These reductions ...

Morgan Stanley is moving ahead with plans to spin off its FrontPoint Partners hedge fund through a management-led buyout in March after an insider-trading scandal threatened to derail the effort. In a ...