AllAboutAlpha.com - Several pundits have recently pronounced the so-called “hedge fund model” to be dead (or at least “upended“).  But is the patient clinically dead, or is it just having an out-of-body experience?  After the recent trauma experienced by the sector, hedge fund administrators will likely play a central role in bringing the industry back […]

Globe and Mail - Daniel Gross, writing on Slate, makes an interesting point about the latest version of the U.S. government’s bailout plan: The plan, officially known as the Emergency Economic Stabilization Act of 2008, looks a lot like the prospectus for a hedge fund.
“In the past, hedge funds – secretive pools of capital – […]

Bloomberg - Nippon Life Insurance Co., Japan’s biggest life insurer, said it will boost hedge fund investments and may target distressed assets to take advantage of volatility caused by the collapse of the U.S. subprime mortgage market.
Nippon Life, with about 100 billion yen ($920 million) in hedge funds, increased its allocation to this asset class […]

Emirates Business 24/7 - Cheap they may be, but not all cash-rich Gulf investors are up for buying distressed assets in the US.
Such a move historically was a good way to make a profit. A good fund manager can buy up distressed assets for pennies on the dollar and figure out ways to sell them […]

Bloomberg.com: Asia - Nippon Life Insurance Co., Japan’s biggest life insurer, said it will boost hedge fund investments and may target distressed assets to take advantage of volatility caused by the collapse of the U.S. subprime mortgage market.
Nippon Life, with about 100 billion yen ($920 million) in hedge funds, increased its allocation to this asset […]

Times Online- An activist American hedge fund has drawn up detailed plans to buy BSkyB’s 17.9% stake in ITV.
Silver Point Capital, an American fund that specialises in distressed assets, has held talks with investment bankers who could assist with its plan.
It is unclear whether Silver Point has approached BSkyB, but its proposal involves the creation […]

Reuters- Private equity firm Cerberus Capital Management is starting a new fund to invest in assets it thinks have been driven down too low by the credit crisis, Chairman John Snow told Reuters on Thursday.
The decision by Cerberus to wade more heavily into the market for distressed assets follows similar moves by a growing number […]