Tag Archives: secondary markets
SecondMarket Opens Trading of Mortgage-Backed Securities, Whole Loans and Collateralized Debt Obligations
NEW YORK, N.Y. – SecondMarket, the largest marketplace for illiquid assets, announced today that it has launched markets for mortgage-backed securities (MBS), whole loans, and collateralized debt obligations (CDO). Through SecondMarket, buyers and sellers are able to trade these assets […]
Hedge Fund Manager Investcorp buys into L’azurde
West Palm Beach (HedgeCo.net) – Hedge fund and alternative investor, Investcorp, along with its consortium partners Eastgate Capital Group and The National Investor, announced the acquisition of a 70% stake in Saudi gold and jewelry makers, L’azurde. L’azurde had 2008 […]
Hedge funds can now borrow from Fed
FierceFinance – The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables. The Fed announced it will "offer low-cost three-year funding […]
