Level Global Investors

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

FBI raids offices of 2 hedge funds

Federal Bureau of Investigation agents raided the Connecticut offices of two hedge funds, Diamondback Capital Management LLC and Level Global Investors LP, amid a massive insider-trading investigation.

“The FBI is executing court-authorized search warrants in an ongoing investigation,” said Richard Kolko, an FBI spokesman, who declined to comment further.

Both hedge funds are run by former managers of Steve Cohen’s SAC Capital Advisors. Get the full story »