Pfizer-J&J Drop Alzheimer’s Drug Studies After Failure (Bloomberg) Pfizer (PFE) Inc., Johnson & Johnson (JNJ) and Elan Corp. ended most plans......(read more)

Litespeed Management LLC was founded by Jamie Zimmerman in October 2000. Litespeed is an event-driven hedge fund focusing on special situations, distressed......(read more)

Merger arbitrage is one of the most common hedge fund strategies that can produce relatively small correlations with market returns. This doesn’t mean......(read more)

Dan Loeb’s Third Point Partners L.P. returned 3.7% in February and 8.1% during the first two months of 2011. His Offshore Fund returned 3.6% in......(read more)