Tag Archives: private equity firms


Fortress Investment has bigger quarterly loss

Reuters – Fortress Investment Group LLC , one of the few publicly traded U.S. alternative asset managers, said on Monday its quarterly loss more than quadrupled, hurt by writedowns in some private equity funds. The net loss was $140 million, […]

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 […]

Buyout, Hedge-Fund Managers Could Pay $24 Billion More in Taxes

Bloomberg – Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if President Barack Obama gets his way. Obama’s 2010 budget proposal, released today, proposes raising taxes on the managers […]

Hedge Fund Provider Teams up With FN in India Investing Summit

West Palm Beach (HedgeCo.net) – Financial News is hosting the the Investors India Summit 2009 on the 19th and 20th May in London with Indian hedge fund provider Axience as its media partner. The summit is aimed at delivering insight […]

Investors joining hedge fund club get burned

Reuters – Two years ago, investors scrambled to snap up shares in elite hedge fund firms, eager for a piece of the lucrative action. What they got instead were big losses. Starting in early 2007, when hedge fund and private equity […]