Tag Archives: blackstone group


Blackstone Man Targeted by SEC for Insider Trading

New York (HedgeCo.Net) – A Blackstone Group executive has been sued by the U.S. Securities and Exchange Commission after allegedly fronting an insider trading scam that involved supermarket chain Albertsons. According to the complaint, Managing Director Ramesh Chakrapani tipped off […]

Blackstone’s GSO hedge fund shuts Asia desk

Reuters – GSO Capital Partners LP, Blackstone Group’s $25 billion credit hedge fund, is closing its Asia investment desk after failing to find attractive investments in the region, sources familiar with the matter said on Tuesday. The four-member team, led […]

Volcker Helps Finance Museum Raise $470000 at Gala, Defy Slump

Paul Volcker, one of the men President-elect Barack Obama is counting on to save the U.S. economy, last night helped the Museum of American Finance raise about $470,000 at a gala dinner. The former Federal Reserve chairman’s Rolodex and clout […]

Investors joining hedge fund club get burned

Reuters – Two years ago, investors scrambled to snap up shares in elite hedge fund firms, eager for a piece of the lucrative action. What they got instead were big losses. Starting in early 2007, when hedge fund and private equity […]

Daiwa drops big fund plan after Blackstone talks fail

Reuters – Daiwa Securities Group Inc, Japan’s second-largest brokerage, said that it would drop its plans for a large private equity fund after talks with Blackstone fell through. Daiwa had been in talks with private equity firm Blackstone Group LP […]

Blackstone to liquidate two hedge funds

Reuters – Blackstone Group LP said on Tuesday it plans to liquidate two hedge funds as a lack of outside investing amid tight credit markets will prevent them from getting big enough to be meaningful to the company. The private […]

Blackstone Makes Single Manager Hedge Fund Changes to Ensure Profitability

West Palm Beach (HedgeCo.net) – The Blackstone Group is making changes to the single manager hedge funds businesses within its Marketable Alternative Asset Management (MAAM) segment. Blackstone is consolidating its distressed securities fund onto a single operating platform and moving […]

Aussie hedge fund manage HFA Holdings freezes payouts

The Australian – HFA, which has $5.8 billion in assets, joins a long line of fund managers — including Perpetual, Babcock & Brown and Macquarie Group — in suspending redemptions from some funds this year as the credit crisis takes […]

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