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INVESTING ALTERNATIVES JUN 27, 2007
'Ocean's 13' writers signed for hedge fund series

The screenwriting team behind "Ocean's 13" have signed on to pen a new HBO series that the producers of "Entourage" are developing about a group of hedge fund managers, according to Crain's Television Week.

INVESTING ALTERNATIVES JUN 26, 2007
GLG settles short-selling charges

GLG Partners of London has agreed to pay more than $3.2 million to settle charges of illegal short-selling.

INVESTING ALTERNATIVES JUN 26, 2007
Hedge honcho scores Hamptons bargain

The head of SAC Capital has gotten a nice price on his new home in the Hamptons, according to published reports.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
National Penn Bancshares to buy Christiana

National Penn Bancshares will acquire Christiana Bank & Trust Co. for about $56.5 million in stock and cash.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
NYLIM to offer target-date funds

New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
Dutch top court may lean to Barclays

An adviser to the Dutch high court said ABN Amro can sell LaSalle without shareholder approval.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
New York Life names new president

New York Life Insurance Co. said on today that its COO, Theodore Mathas, would add president to his title as of July 1.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
Hancock pays $21.2M to settle inquiry

John Hancock will pay $21.2 million to settle an investigation of the firm's failure to disclose revenue sharing schemes.

NEWS BROKER DEALERS JUN 26, 2007
KKR said to seek B-D license

Looking toward an initial public offering, Kohlberg Kravis Roberts is seeking a securities broker-dealer license, TheDeal.com said.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 26, 2007
AXA names VP of funds group

AXA Equitable Life Insurance Co. has named Kenneth T. Kozlowski vice president of its Funds Management group.