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Pequot Capital Management is coming to an end, closing the book on two decades of hedge fund history. Arthur Samberg, at one point the biggest hedge fund manager in the world, is closing the company as a result of a Securities and Exchange Commission (SEC) insider trading investigation.

At its peak in 2001, Pequot had $15 million in assets under management. By November 2008, it was only $4.3 billion ... and $3.47 billion as of May 15, 2009, according to a regulatory filing.

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Insider trading probe to shut Pequot Capital Management originally appeared on BloggingStocks on Thu, 28 May 2009 08:20:00 EST. Please see our terms for use of feeds.

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