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US hedge fund manager arrested in Hong Kong (AP via Yahoo! Finance)

March 19, 2009 | NEWS

A Silicon Valley hedge fund manager has been arrested in Hong Kong on charges that he bilked investors out of at least $5 million. (read the story…)
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Citadel closing in Tokyo, cutting in Hong Kong (Crain’s Chicago Business)

December 10, 2008 | BUSINESS

(Crain’s) — Citadel Investment Group LLC is scaling back its Asian operations. The Chicago-based hedge fund manager plans to close its Tokyo office, resulting in 12 layoffs, and will eliminate 25 jobs in its Hong Kong office, according to a source with knowledge of the situation. As part … (read on…)
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