Tag Archives: enfeebled


Satellite Halts Hedge Fund Withdrawals, Fires 30 After Losses

Bloomberg – Satellite Asset Management LP, founded by former employees of billionaire George Soros, stopped client withdrawals from its three largest hedge funds and eliminated more than 30 jobs after losses reduced the firm’s assets to about $4 billion this […]

Citadel, SAC Capital Get Pick of Casualties as Carnage Worsens

Bloomberg – Balyasny Asset Management LP recruited more than 30 money managers and analysts from competing hedge funds in the first eight months of the year, exceeding its total for all of 2007. “We have been aggressively looking for talent, […]

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