Tag Archives: university-of-texas


Hedge Fund Sued Over Expsoure to Madoff Funds

New York (HedgeCo.Net) – Gabriel Capital and founder Ezra Merkin have been sued for their exposure to Ponzi-schemer Bernard Madoff by a disdained investor. Scott Berrie, who has $500,000 tied up in one of Gabriel’s funds, claims that Gabriel lied […]

Hedge funds find silver lining in crisis

Norwalk Advocate – Crisis can create opportunity, and for the smart hedge fund operator, the downturn gripping the global investment community is a chance to build a respected reputation in the industry. While the financial crisis has been unprecedented, so […]

Shareholder Sues CSX, Hedge Funds Over Short-Swing

CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight earlier this year. The lawsuit, […]

L.A. follows its own script

One of the pleasures of flying out of Newark — and there are so many — is the epic view of Manhattan, that soaring bulwark of affluence and might just off the coast of America. But on Friday, when we pulled […]

Lehman to sell stake in R3 hedge fund

Reuters – Lehman Brothers Holdings Inc agreed on Wednesday to sell its 45 percent stake in hedge fund R3 Capital Partners for $250 million in cash and a $250 million investment in another fund managed by R3. Lehman, which filed […]

Suits Fly at the Plaza

New York Post – The developers of the famed landmark are fighting back following two multimillion-dollar lawsuits filed against them by separate penthouse buyers within the past two weeks. Developer El-Ad Properties, which renovated the 101-year-old building to include pricey […]

Hedge funds are losing their secretive status

Times Online – People who run hedge funds hate the way the press describe them as “secretive”. A quick Google of “hedge funds” shows what a cliche it has become. Hedge funds are “notoriously secretive” and “super-secretive”; they live in […]

Jack Nash, Pioneer in Hedge Funds, Dies at 79

New York Times Blogs – Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long […]

Defrauded fund investors sue Goldman

International Herald Tribune- Samuel Israel 3rd bilked his investors out of $250 million, but they are hoping to recoup some of their money from one of Wall Street’s deepest pockets: Goldman Sachs. Bayou’s creditors were taking aim at Goldman even before […]

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