Tag Archives: mccabe


Pensions seen fuelling hedge fund industry growth

March 26, 2009 : Permalink

Reuters – Pension funds will likely funnel more money into hedge funds and become a powerful engine of growth for the industry in the coming months, a hedge fund industry veteran said on Wednesday. "We are finding that corporate pension […]

A New Track for Private Equity

November 27, 2008 : Permalink

The major broker-dealers have been decimated, with only Morgan Stanley and Goldman Sachs remaining independent and solvent. There are daily fears of hedge funds facing the equivalent of a bank run, as investors scramble to withdraw their cash. Those private-equity […]

Hedge fund group Lasair hires investment officer

October 22, 2008 : Permalink

Reuters – Lasair Capital, a hedge fund industry newcomer that boasts General Electric Co as its blue-chip backer, said on Tuesday that it has hired a senior investment officer to help put $180 million to work. Carrie McCabe, who founded […]

Blackstone and KKR eye Lehman assets

September 9, 2008 : Permalink

Reuters – Blackstone and Kohlberg Kravis Roberts & Co are each looking to buy parts of Lehman’s real estate and asset management units, sources familiar with the situation said on Friday, sparking a broad rebound in financial stocks. The real […]

Hedge Funds Weary to Invest in Freddie, Fannie: Government Bailout May be Inevitable

August 26, 2008 : Permalink

New York (HedgeCo.Net) – While the U.S. Treasury has done all it can to stave off rumors of a government bailout of Fannie Mae and Freddie Mac , some say the inevitable rescue is bound to take place after attempts […]

Cerberus raising funds to buy distressed assets

June 13, 2008 : Permalink

Reuters- Private equity firm Cerberus Capital Management is starting a new fund to invest in assets it thinks have been driven down too low by the credit crisis, Chairman John Snow told Reuters on Thursday. The decision by Cerberus to […]

China’s Safe to invest $2.5bn in TPG fund

June 11, 2008 : Permalink

Financial Times – China’s State Administration of Foreign Exchange has agreed to invest more than $2.5bn in the latest TPG fund, in what could be the largest commitment ever made to a private equity firm, people familiar with the matter […]