(WASHINGTON)A trade group representing hedge funds spent $600,000 in the second quarter to lobby on proposals to raise taxes on the industry and regulate it more closely, according to a recent...READ MORE

(NEW YORK)Investment manager Blackstone Group LP said Thursday it will form a new business group focused on investments in the cleantech energy sector. The new unit, led by James D. Kiggen, ...READ MORE

(NEW YORK)Investment management firm Blackstone Group LP on Wednesday declared a regular quarterly distribution of 30 cents per common unit. The distribution will be paid Sept. 12 to shareho...READ MORE

(NEW YORK)Investment management firm Blackstone Group LP said Wednesday it swung to a loss during the second quarter due to compensation and transactional costs associated with the company's...READ MORE

(NEW YORK)Investment manager Blackstone Group said Monday it is opening a representative office in Beijing. Shan Fu will serve as the chief representative in the office.READ MORE

(NEW YORK)Fitch Ratings on Thursday cut its ratings on FGIC Corp.'s insurance arm to junk status, saying the company will experience further credit deterioration because of exposure to mortg...READ MORE

(NEW YORK)Shares of Apria Healthcare Group Inc. fell Wednesday after the home health care company delayed releasing its full second-quarter results because of an accounting review.READ MORE