Yearly Archives: 2007

Forbes- Hedge funds are increasingly positioning themselves as direct lenders to companies that are having trouble borrowing money from banks or through the bond market. These investors aren’t strangers to the world of lending, and they’re preparing to play a […]

International Herald Tribune- Pension fund and tax experts told the U.S. Congress on Thursday that a proposal to more than double the tax rate of executives at private equity and hedge funds, whichinvest money from pension funds, would have a […]

Bloomberg- Seth Tobias, the managing member of hedge-fund firm Circle T Partners LP and a financial-news commentator, was found dead yesterday in the pool of his Florida mansion, police said. He was 44. Tobias was discovered by his wife, Filomena, […]

International Herald Tribune – The German finance minister, Peer Steinbrück, said Tuesday that turmoil in credit markets might have made officials in the United States and Britain more willing toconsider a code of conduct for hedge funds. “In light of […]

Times Online – Charlie McCreevy, the European Internal Market Commissioner, said yesterday that hedge funds had been particularly active in troubled structured credit markets, but absolved them ofany blame for this summer’s financial turbulence. Conceding that many hedge funds and […]

New York Times – For hedge funds, July, it seems, was the cruelest month. Until the August figures are released. Hedge funds, with a combined $1.9 trillion in assets, in July posted the largest drop in investments in seven years, […]

Cay Compass -A US bankruptcy court ruling last week concerning two failed hedge funds incorporated in the Cayman Islands could have implications for other troubled hedge funds incorporated off–shore. The court ruled the two hedge funds could not protect themselves […]

Raleigh News & Observer –  A small Triangle company has accused a group of hedge funds of scheming to manipulate its stock for profit. Cyberlux, a Research Triangle Park company that designs and makes lighting, has sued the hedge funds, […]

Bloomberg – Global Advisors LP, the commodities hedge fund firm co-founded by former JPMorgan Chase & Co. energy trader Daniel Masters, is shutting two of its three funds after losses in allcommodity markets this year. The $60 million Global Advisors […]

Newsweek- Demanding further intervention from the Federal Reserve to protect their endangered fortunes, thousands of the nation’s leading hedge-fund managers marched on Washington today.’ Dubbed “The Million Mercedes March,” the protest was said to be the largest chauffeur-driven demonstration in […]