Tag Archives: partners inc


Madoff Trustee Says Vizcaya Hedge Fund Ignored Suit Against It

Bloomberg – Michael McCarty, former chief equity and options strategist at Meridian Equity Partners Inc. in New York, plans to start a hedge fund next month that will make bets on price discrepancies between similar exchange-traded funds. McCarty, 49, said […]

Hedge Fund Investors Regain ‘Whip Hand’ After 2008’s Losses

Bloomberg – Hedge fund managers gathering in Monaco this week said they have work to do to regain investors’ confidence after the industry’s record losses last year. “We have to prove as an industry that we can provide absolute returns […]

Moore Capital Said to Seek $500 Million for Coffey Hedge Funds

Bloomberg – Moore Capital Management LLC is seeking to raise as much as $500 million for two new hedge funds run by Greg Coffey, the top-ranked money manager who joined the company last year after quitting GLG Partners Inc., according […]

MassMutual hedge fund sued in loss

Boston Globe – A Boston law firm has filed a class-action lawsuit against a hedge fund controlled by Massachusetts Mutual Life Insurance Co. for placing all of the fund’s assets with Bernard Madoff, who is facing life in prison for […]

GLG, Och-Ziff Earnings Slump on Hedge Fund Losses

Bloomberg - GLG Partners Inc., the hedge-fund firm founded as a unit of Lehman Brothers Holdings Inc., and Och- Ziff Capital Management Group LLC reported lower fourth-quarter profits as their funds posted losses. GLG’s profit excluding acquisition costs dropped 78 percent […]

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 […]

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