Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.

The Reserve Primary Fund has adjusted its timeline of events for breaking the buck on Sept. 16, adding a fresh knot to the legal macramé already entangling the fund.

The Reserve Primary Fund has adjusted its timeline of events for breaking the buck on Sept. 16, adding a fresh knot to the legal macramé already entangling the fund.

Parkcentral Capital Management, an investment firm that manages money for the family of Ross Perot, is liquidating a fixed-income hedge fund because it is “no longer viable.”

Five hedge fund managers told a House committee that they would support greater disclosure of information to a regulator.

The Fortress Investment Group, one of a handful of publicly traded hedge and private equity firms, reported a wider-than-expected quarterly loss, as heavy redemptions hurt returns.

Five prominent hedge fund managers told a House committee that they would support rules that required hedge funds to provide information to a regulator.

Two academics told a House panel that hedge funds do not disclose enough information about their activities to allow regulators to determine whether particular funds could cause market turmoil.

Five of the nation’s most highly paid hedge fund managers answer questions during their appearance before a House panel.

Two academics told a House panel that hedge funds do not disclose enough information about their activities to allow regulators to determine whether particular funds could cause market turmoil.