Yearly Archives: 2008
Hedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its […]
Hedge Funds Appear to Have Dodged a Bullet
Seeking Alpha – If you happen to be in need of Vaseline and find that your local pharmacy is sold out, never fear. Chances are, the entire stock has been purchased by your friendly neighbourhood hedge fund manager. If you […]
Och-Ziff Funds Greenhouse Gas Credits to Bury Carbon
Bloomberg – Och-Ziff Capital Management Group LLC will invest as much as $500 million in projects that bury greenhouse gases blamed for global warming and create tradable emissions credits. Och-Ziff, the hedge-fund firm run by Daniel Och, also bought 10 […]
Investors, Markets Lift Assets 4% in 2Q Hedge Funds
On Wall Street – Assets held in hedge funds grew 4.41% during the second quarter, to $2.973 trillion, according to data released Monday. HedgeFund.net reported in its survey of hedge administrators that investors allocated $34.21 billion to hedge funds in […]
Xanadu bill footnote may weigh on Corzine
NorthJersey.com – Governor Corzine’s conscience was clear last week after signing a law to bring a $200 million aquarium to the Coney Island by the Meadowlands – better known as the Xanadu project. In a footnote, buried at the bottom […]
Hedge Funds Changing Investment Tack
Seeking Alpha – Sailors out there will know that boats can sail down with the wind – like a leaf being blown across the water – or into the wind at an angle, zigzagging back and forth along the way. Sailing downwind is easier […]
Lehman May Put a Prized Unit on the Block
The Ledger – Lehman Brothers, the troubled investment bank, is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by […]
Speculation Game is Over: Hedge Fund Manager
CNBC – As losses mount, hedge funds no longer have the ability to drive speculation in the markets, Hugh Hendry, chief investment officer and partner at Eclectica hedge fund told "Squawk Box Europe" on Tuesday. "There is no role for […]
Hedge Fund Assets Approach $3 Trillion
A new report released Monday by HedgeFund.net estimates the assets under management by hedge funds have reached nearly $3 trillion. According to the report, hedge fund assets increased 4.41 percent last quarter, in spite of rough equity markets, to reach […]
Goldman And Morgan Link Hedge Fund Lending To Their Own Financial Health
DealBreaker.Com – Morgan Stanley and Goldman Sachs are linking their lending to hedge funds to the market’s assessment of the credit worthiness of the investment banks. Morgan Stanley will reportedly evaluate the amount of leverage it will supply to hedge […]
Hedge Fund Forum 2008
West Palm Beach (HedgeCo.net) – The Greenwich Hyatt will be the scene of the 2008 Global Alpha Forum, the hedge fund event is for both fund managers operating in Connecticut and investors wishing to get to know those managers. The […]