Hedge Fund Co-Founder Returns to London From New York

The co-founder of Glen Point Capital, a hedge fund that raised money from billionaire investor George Soros, has relocated back to London from New York in the wake of a tough period for the emerging markets-focused manager.

Jonathan Fayman, Glen Point’s co-chief investment officer and a former senior fund manager at BlueBay Asset Management, moved to the US a couple of years ago but moved back to the hedge fund’s London office late last year...

Hedge-Fund Billionaire’s Deal for Mets Collapses

A deal for billionaire Steven A. Cohen to purchase a majority stake in the New York Mets has collapsed and the team is in search of a new buyer, the latest setback for a franchise beleaguered on and off the baseball field in recent years.

In early December, Mr. Cohen, a hedge-fund manager, reached a tentative agreement to gain control over the team, which has disappointed fans and struggled with financial pressures. The deal would have increased Mr. Cohen’s current minority stake in the team to 80%, according to people close...