Tag Archives: junk-status


Hedge Fund Dalton to Start $550 Million Distressed Asset Fund

Bloomberg – Dalton Investments LLC, the Los Angeles-based hedge fund with 70 percent of its assets in Japan, is starting a 50 billion yen ($550 million) fund that will invest in U.S. distressed assets, taking advantage of low prices. The […]

Ratings downgrade hits Hollywood investors

Reuters – A largely unnoticed ratings downgrade on a slate of Paramount Pictures movies backed by hedge-fund money offers rare proof that such innovative packages have proved to be wobbly investments. The Melrose I fund, established in 2004, was cut […]

‘Armageddon’ Loan, Bond Prices Keep Debt Investors on Sidelines

Bloomberg – Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling. Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, […]

JPMorgan Purchases WaMu Branches for $1.9 Billion

New York (HedgeCo.Net) – JPMorgan Chase & Co. has purchased Washington Mutual’s branch network for $1.9 billion, making them the largest U.S. bank by deposits. The deal was encouraged by the U.S. government after consumers withdrew over $16 billion from […]

Hedge Funds Weary to Invest in Freddie, Fannie: Government Bailout May be Inevitable

New York (HedgeCo.Net) – While the U.S. Treasury has done all it can to stave off rumors of a government bailout of Fannie Mae and Freddie Mac , some say the inevitable rescue is bound to take place after attempts […]

BAA in talks with hedge fund to save finance plan

Telegraph.co.uk – BAA is in urgent talks with a hedge fund client of investment bank UBS that is threatening to scupper the airport operator’s proposed £7.65bn refinancing. As today’s deadline for bondholders to vote through a crucial part of the […]

CAAM says Brazil best Latin American bet

Reuters- Investors betting on Latin America should be overweight Brazil, the region’s top economy, at the expense of exposure to Argentina, Mexico and Chile, a Credit Agricole Asset Management (CAAM) executive said on Monday. They should also be overweight the […]

Jupiter Fund Launch

West Palm Beach (HedgeCo.Net)- Hedge fund manager Jupiter Asset Management announced the launch on June second 2008 of the of the Jupiter Strategic Bond Fund. The new fund is Sterling denominaterd with a 4% initial fee and 1.25% as annual […]

Jupiter Strategic Bond Fund Launch

West Palm Beach (HedgeCo.Net)- Hedge fund manager Jupiter Asset Management announced the launch on June second 2008 of the of the Jupiter Strategic Bond Fund. The new fund is Sterling denominaterd with a 4% initial fee and 1.25% as annual […]

Related Posts Plugin for WordPress, Blogger...