Tag Archives: real-estate


Paolo Pellegrini, Formerly of John Paulson’s Hedge Fund on Bloomberg

ForexHound – I admit I had not heard of this fellow until I saw this interview on Zerohedge, but apparently this is the key brain behind the massive bet against subprime mortgages that made John Paulson both famous and one […]

KIC to hedge against inflation

Korea Herald – The CEO of Korea Investment Corp. said yesterday the company would invest $1 billion in inflation-hedging assets such as price-linked bonds, commodities and real estate assets as part of its exit strategy, amid rising concerns over possible […]

Peltz, Kurland Seek Stock Sales to Buy Mortgages

Bloomberg – Billionaire Nelson Peltz and former Countrywide Financial Corp. President Stanford Kurland are among at least six investors turning to the public markets to finance purchases of distressed home loans and corporate debt. The investors, most of whom previously […]

Paulson to Launch New Real Estate Fund, Report Says

New York Times Blogs – John Paulson, the hedge fund manager who reaped a windfall betting against the U.S. housing market before the credit crunch, is now hoping to ride to riches on the property industry’s recovery, The Telegraph reported. […]

General Growth files for bankruptcy protection

Reuters – General Growth Properties Inc GGP.N, the second largest U.S. mall owner, on Thursday filed for bankruptcy protection on Thursday, making it one of the biggest real estate bankruptcies in U.S. history. Ending months of speculation, the Chicago-based mall […]

Hedge funds, FCCBs catch the fancy of India’s super rich

Business Standard – Hedge funds and foreign currency convertible bonds (FCCBs) are replacing real estate as popular offshore investment destinations for India’s richest. Hedge funds are investment funds which employ various strategies to produce absolute returns. These strategies could be […]

Hedge fund sheds Sonesta shares

Bizjournals.com – After watching Sonesta International Hotels Corp. lose roughly 70 percent of its stock market value over the past 18 months, a Connecticut hedge fund has shed roughly a third of its holdings in the Massachusetts-based hotel operator. In […]

Ackman’s hedge fund for Target falls 40%

Birmingham Business Journal – The hedge fund created by activist investor William Ackman to buy up shares of Target Corp. lost 40.1 percent of its value in January, according to a Bloomberg News report.  Since creating the fund, called Pershing […]

MetLife Net Falls 12% on Losses From Hedge Funds, Real Estate

Bloomberg – MetLife Inc., the largest U.S. life insurer, said fourth-quarter profit declined 12 percent on losses from hedge funds and real estate ventures. Shares gained in extended trading as the company beat analysts’ estimates. Net income slipped to $985 […]

Commercial property rents collapse in London hedge fund areas

The Independent – Rents for plush offices in Mayfair and St James’s plunged almost 30 per cent last year, hammered by the declining fortunes of many of their hedge funds tenants.   The commercial property agency NB Real Estate has […]

Fearing financial trouble hedge funds flee Morgan Stanley

Hindu Business Line – Worried that global financial services provider Morgan Stanley may land into financial troubles like Lehman Brothers, several hedge funds fled the bank resulting in a loss of billions of dollars in its prime brokerage business last […]

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