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Today is Thursday, March 18, 2010 at
-
Countdown to Market Close:
Hedge funds have begun to raise leverage levels again in recent weeks as prime brokers and other lenders become bolder about extending credit in more stable markets, a lawyer specializing in the sector said on Tuesday.
Henry Bregstein, attorney at law at Katten Muchin Rosenman, said that some strategies, such as multi-strategy funds and funds of funds, had tentatively started to increase
leverage to as much as 50 percent within the last six weeks.
&
quot ;With the stronger funds, we’re beginning to see some working on new
leverage transactions… Markets appear to have stabilised.&
quot ;
Read Complete Article
Tags:
attorney at law ,
hedge fund ,
hedge funds ,
lawyer ,
lenders ,
leverage ,
prime-brokers ,
quot ,
reuters ,
rosenman ,
sidelines ,
six weeks ,
stable markets ,
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Tags: attorney at law , hedge fund , hedge funds , lawyer , lenders , leverage , prime-brokers , quot , reuters , rosenman , sidelines , six weeks , stable markets
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