Tag Archives: proceeds


Hedge Funds Challenge Lehman Sale

Reuters – A hedge fund that specializes in distressed investments has filed a notice of appeal in the Lehman Brothers Holdings Inc bankruptcy case, indicating it intends to challenge the court order approving the sale of Lehman’s core U.S. business […]

Wall Street Fastens Its Seatbelt, Preparing for This Weeks Ride

New York Times – Frazzled traders and money managers spent an angst-filled weekend struggling to fathom the sweeping bailout the Bush administration proposed for financial institutions in the United States and what it will mean for the world’s markets. At […]

Hedge funds are losing their secretive status

Times Online – People who run hedge funds hate the way the press describe them as “secretive”. A quick Google of “hedge funds” shows what a cliche it has become. Hedge funds are “notoriously secretive” and “super-secretive”; they live in […]

Executive leaves hedge fund Citadel

Reuters – A Citadel Investment Group LLC executive who ran an unprofitable credit investment group for the large hedge fund company has resigned, a person familiar with the matter said on Friday. Joe Russell, who was instrumental in making Citadel’s […]

Hedge Funds Increase New York Times Stake

Wall Street Journal – Harbinger Capital Partners and Firebrand Investments LLC, the hedge funds that put two representatives on the board of the New York Times Co. this past spring, are again adding to their stake in the media company. […]

Insana Capital Partners ‘Legends’ Hedge Fund To Close

Seeking Alpha – CNBC’s Ron Insana is folding the tent on his Insana Capital Partners L.P. hedge fund called "Legends." On August 8, 2008 sent a letter to his investors to announce they were closing shop and taking a job […]

Horlick’s Bramdean Pulls Money From Scholes, Dinan Hedge Funds

Bloomberg – Nicola Horlick’s money-management firm, Bramdean Alternatives Ltd., pulled money out of hedge funds run by Nobel prize-winner Myron Scholes and James Dinan to focus on more defensive funds as volatility increases. “In response to the continuing market turbulence,” […]

Och-Ziff Funds Greenhouse Gas Credits to Bury Carbon

Bloomberg – Och-Ziff Capital Management Group LLC will invest as much as $500 million in projects that bury greenhouse gases blamed for global warming and create tradable emissions credits. Och-Ziff, the hedge-fund firm run by Daniel Och, also bought 10 […]

Winners changing quickly, so hedge your bets

Tacoma News Tribune – Changes in winning and losing investments have come so swiftly of late that you might not have realized your favorite approach has backfired lately. International funds – the hot funds of the last few years – […]

Tokio Marine Makes Gradual Shift to Hedge Funds as Prices Drop

Bloomberg – Tokio Marine Holdings Inc. will shift more of its 11 trillion yen ($100 billion) in assets to hedge funds and scour the globe for bargains as the credit squeeze forces down prices. Tokio Marine & Nichido Fire Insurance […]

Russell to boost Asia property fund exposure

Reuters Singapore – U.S.-based Russell Investments, which manages over $211 billion (110 billion pounds) in assets, wants to boost its exposure to Asian real estate as it sees growing markets in China and India withstanding a global downturn. The company, […]

Lionhart aims to attract $2bn from Gulf

Zawya – The Lionhart Group, an alternative investment management group that specialises in global multistrategy arbitrage, aims to attract $2 billion (Dh7.4bn) of investment from the Gulf in the next few years through its new branch at the Dubai International […]