Tag Archives: global recession


Hedge Fund Veteran Selected for Fund of Funds Investment Committee

West Palm Beach (HedgeCo.net) – Roy H. Callahan has been selected as portfolio manager and member of the investment committee at alternative investment firm, Coast Asset Management, LLC firm’s , effective June 15. "We are thrilled that Roy Callahan has […]

G-20 Nations OK $1.1 Tril. in Emergency Loans

The Ledger – Anxiously assembled at the most perilous moment for the global economy since the Great Depression, the world’s financial powers pledged more than $1 trillion Thursday for emergency loans to combat spreading chaos. But they rebuffed President Barack […]

Paineiras Hedge Fund Buys Brazil Bonds on Economy

Bloomberg – Theodoro Messa’s Paineiras Hedge FIM hedge fund beat 96 percent of its peers this year on bets Brazilian bond yields will fall as the central banks slashes borrowing costs to shore up Latin America’s largest economy. Messa is […]

Blackstone marks down D Bank debt

Financial Times – Blackstone marked down the value of billions of dollars worth of debt it bought at a discount from Deutsche Bank to zero, demonstrating that the group bet too early on a recovery. Blackstone bought the debt in […]

Paulson Likes Distressed Assets Amid Global Recession

Bloomberg – Distressed assets offer the best investment opportunities this year as the global recession deepens, billionaire hedge-fund manager John Paulson said. “The decline in the market has created a very good buying opportunity,” Paulson, 53, whose New York-based Paulson […]

Soros Says Economic Crisis Signals End of a Free-Market Model

Bloomberg – Billionaire investor George Soros said the current economic upheaval has its roots in the financial deregulation of the 1980s and signals the end of a free-market model that has since dominated capitalist countries. Liberalization of the financial industry […]

Hedge Fund Manager Red Kite sees low commodity prices for years

Forbes – Commodity prices will remain low for a long time, possibly up to 7 years because of the global recession and falling demand, hedge fund Red Kite told a British newspaper. Michael Farmer founder of Red Kite, a big […]

KSK Energy Fund wound up

Reuters India – KSK Emerging India Energy Fund had raised £100 million from AIM last year to invest in Indian energy companies. Global recession has claimed a victim in India. KSK Emerging India Energy Fund (KEF), a £100 million fund […]

Hedge Funds, Oil Prices and Resulting Recession

Seeking Alpha – In 1997, some observers feared an impending global recession as a result of the headwinds stemming from the Asian financial crisis. However, within two years, those fears had dissipated and were replaced with new concerns of irrational […]