Tag Archives: equity swap


CSX, hedge fund fight in Congress; troubled fund backs off activism

Florida Times-Union – CSX Corp.’s proxy fight with two hedge funds ended in September with four nominees from The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX’s board. But even though the fight is […]

TowerBrook takes control of Autodistribution Group

Forex Pros – Private equity firm TowerBrook Capital said on Monday it had reached an agreement to take control of French debt-ridden auto parts firm Autodistribution Group. The deal, at a time of slumping sales in the European car industry, […]

U.S. offers more funds to help fraught AIG

The U.S. government announced a restructuring of a bailout plan for the troubled insurer American International Group Inc. Monday, extending $30 billion in additional aid to the company. News of the additional funds comes as AIG, once the world’s largest […]

Small New Star Funds Extinguished

Financial Times – New Star has closed two of its hedge funds after withdrawals of the crisis-hit fund manager’s internal capital left them too small to survive. The manager has shut its three-year-old Firefly fund after Harry Tyser, its manager, […]