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Bill Barr steps down from Och-Ziff board as firm's new CEO is named
6 years ago
Och-Ziff has named a new chief executive officer to succeed Dan Och, with the firm announcing today that former Credit Suisse executive Robert Shafir will step into the position -
Former Acis partner Josh Terry accuses firm of fraudulent transfers
6 years ago
A Dallas court has once again ruled in favour of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management firm –and now, Terry has accused Acis of plotting to change managers on its CLO to avoid paying him an $8 million award -
Direct lending firm and former MD square off in alleged computer hacking row
6 years ago
A co-founder of a New York direct lending hedge fund firm has accused the company of hacking into his personal computer network, according to court documents seen by Creditflux -
Goldman stymies pension funds’ fraud class action move in Abacus CDO case
6 years ago
A US Appeals Court in New York has ruled that a shareholder lawsuit accusing Goldman Sachs of fraud cannot proceed as a class action -
Former Och-Ziff executive Cohen faces criminal fraud charges
6 years ago
A former Och-Ziff Capital Management executive is facing criminal fraud charges relating to the firm’s hedge fund activities in Africa, according to an indictment that was made public last week -
Court confirms $8 million ruling in favour of former Acis partner Josh Terry
6 years ago
A Dallas court has ruled in favour of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management company, according to court documents seen by Creditflux -
Ex-Millennium credit chief to start new hedge fund following Englander dispute
6 years ago
Former Millennium Management credit chief Michael Gelband will start a long-anticipated hedge fund known as ExodusPoint Capital Management, in the next six months, according to a Bloomberg report -
Direct lender founder Isaly stepped down following sex harassment allegations: report
6 years ago
OrbiMed’s founder Samuel Isaly stepped down from his role at the healthcare-focused firm following sexual harassment claims against him, according to claims reported by Stat News -
Acis's legal battle with former partner takes new turn
6 years ago
The legal battle between Josh Terry and Highland affiliate Acis Capital Management shows no sign of slowing down, with Terry – a former partner in Acis, who co-founded the firm in 2011 --issuing a fresh legal motion in the case -
Zohar CLO investors were not misled, SEC court rules
6 years ago
The SEC’s own administrative proceedings court yesterday threw out charges against Lynn Tilton and her firm Patriarch Partners -
New York judge quashes hedge fund's lawsuit against Muirfield
6 years ago
A hedge fund manager has had its lawsuit against one of its investors, Muirfield Capital Management, dismissed by a supreme court judge in New York -
Saba's lawsuit highlights failings of high yield liquidity
7 years ago
Saba recently settled a lawsuit with a client, which highlights how liquidity can evaporate in the high yield market
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