Chicago billionaire donates $150 mn to Harvard

Billionaire hedge fund manager Kenneth Griffin has donated his alma mater Harvard USD 150 million, the largest in the history of the prestigious college, to support its financial aid programme.

Yahoo buys back shares from hedge fund

Yahoo! said today it agreed to buy back 40 million shares from a hedge fund which sought a shakeup of the Internet giant last year.

Hedge fund "king" Griffin rebounding from losses: Report

Hedge fund manager Kenneth Griffin`s Citadel Investment Group lost $8 billion in clients` money last year, but is turning things around as markets recover and has made $5 billion in profits so far this year.

SL born US billionaire Rajaratnam accused of funding LTTE

Raj Rajaratnam, the Sri Lanka-
born US billionaire charged in the largest ever hedge-fund
insider trading case in America, has now been dragged to court
for allegedly financing the LTTE.