Tag Archives: Private Equity
Cerberus dismisses talk of fund defaults
The Washingtom Post – Cerberus Capital Management LP on Tuesday dismissed market speculation that some of its hedge funds, which have suffered losses and heavy redemptions, are in danger of default. Traders in London and Frankfurt were buzzing with talk […]
Deals backfire as investors seek $5.5bn from Cerberus
Times Online – Investors in Cerberus are seeking the return of more than $5.5 billion (£3.3 billion) from the fund, which has made a series of poor investments, including the acquisition of GMAC, General Motors’ finance division, and of Chrysler, […]
The End of Wall Street as We Know It
Gotham Gazette – The turbulent financial market events of recent days demonstrably signal the end of Wall Street as we know it. More uncertainty lies ahead, on Wall Street but also for the national economy. How is this affecting New […]
