Tag Archives: global financial crisis


Update – Hedge Fund Manager Capitalises On Mispriced Asian Performing Debt

West Palm Beach (HedgeCo.net) – Singapore hedge fund manager, 3 Degrees Asset Management, is launching ADF Prime Ltd, a credit opportunities fund that will invest primarily in the performing debt obligations of Asian companies that have been mispriced as a […]

Geithner Wants Federal Supervision of Hedge Funds, Private Equity Firms

New York (HedgeCo.Net) – If Treasury Secretary Timothy Geithner gets his way, hedge funds and private equity firms will be placed under the supervision of the federal government.   “Over the past 18 months, we have faced the most severe […]

BBVA to Exit Hedge Funds Due to Poor Market Conditions

Wall Street Journal – Spain’s Banco Bilbao Vizcaya Argentaria SA said Thursday it has decided to pull out of the hedge-fund market, shutting down Proxima Alfa Investments and exiting two other joint ventures. Spain’s second-biggest bank by assets said the […]

Pallotta’s Slow Start Shows Waning Investor Appetite for Risk

Bloomberg – James Pallotta and Christopher Pia, hedge-fund managers who recently struck out on their own, are discovering just how much the global financial crisis is reducing investors’ appetite for risk. Pallotta, who split from Tudor Investment Corp. last month, […]

$4bn Withdrawn from Nigeria Stock Market

Daily Guide – Foreign investors in the Nigerian capital market withdrew some $4 billion from the Nigeria Stock Exchange and precipitated its steep decline, the Exchange’s Director General, Professor Ndidi Okereke-Onyiuke has said. Appearing  before the joint Senate Committees on […]

Bank of America Receives $138 Billion of Rescue Funds

Bloomberg – Bank of America Corp., the largest U.S. bank by assets, received a $138 billion emergency lifeline from the government to support its acquisition of Merrill Lynch & Co. and prevent the global financial crisis from deepening. The U.S. […]

Fraud worries grow for private equity deals in Asia

Forbes – Private equity investors in Asia are increasingly fearful of fraud within their portfolio companies as the global economic downturn puts mounting pressure on firms in the region. The global financial crisis has already caused significant damage to private […]

Nigeria: Seek Alternative Investments Outside Stock Market

AllAfrica.com – While the bank chiefs and the Central Bank of Nigeria have consistently advised Nigerians to keep faith with the ailing Nigerian Stock Exchange market, an investment adviser is suggesting that Nigerian investors should begin to seek alternative ways […]