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Hedge fund body taps heavyweight lobbyist

Monday, June 15, 2009 : Permalink

Wealth Bulletin – The Managed Funds Association, a leading trade group for the hedge fund sector, has recruited Brownstein Hyatt Farber Schreck, the heavyweight K Street lobbying firm, to press its interests on Capitol Hill, a document filed this week with the Senate Office of Public Records showed, according to a report in The New York Times.

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Tags: brownstein hyatt farber, capitol hill, hedge fund, k-street, lobbying firm, managed-funds-association, new york times, public records, senate office, trade group

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Hedge funds set student loan firms in their sights

Monday, October 20, 2008 : Permalink

Guardian Unlimited – After being accused of precipitating the present financial crisis by short-selling banks, hedge funds are now turning their attention to student loans.

Jim Chanos, founder and president of Kynikos, one of the best known short- selling hedge funds in the US, has student loan companies high on his list to short for the foreseeable future.

‘This industry has much in common with the sub-prime mortgage industry,’ Chanos said. ‘Things do not look very bright.’

They don’t. More than two-thirds of American university students rely on loans to pay for college, but loan applications are being turned down in record numbers as the near collapse of the credit market is making all but the most secure loans impossible to write.

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Tags: communi, contagion, financial-structures, k-street, lobbyists, luxuries, savings-banks, sumitomo, sunday-times, willingness

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Hedge fund body taps heavyweight lobbyist

Hedge funds set student loan firms in their sights

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