Tag Archives: sentry
Fairfield Sentry sues hedge fund over Madoff fees
Greenwich Time – Fairfield Sentry Ltd., seeking to recover more than $919 million in fees related to investments involving Bernard Madoff, sued the Fairfield Greenwich Group hedge fund that lost $7 billion in Madoff’s fraud. Fairfield Sentry, based in the […]
Record Hedge Fund Closures in 2008 From Madoff, Other Losses
New York (HedgeCo.Net) – Over $84 billion worth of U.S. hedge funds shut down last year, compared to just $18.7 billion in 2007, according to the latest data published by Absolute Return Magazine, a unit of HedgeFund Intelligence. More than […]
Madoff distortion makes some hedge funds look good
Reuters – One of the bizarre effects of Bernard Madoff’s alleged $50 billion fraud is that it has boosted the performance of one group of hedge funds when measured against their peers, industry insiders said. At least one major index, […]
Certain hedge funds ‘benefitting from Madoff’
DST International – One group of hedge funds has had its performance boosted in comparison to its peers as a result of the Bernard Madoff scandal, according to a number of industry insiders. Due to the failures of three large […]
More Investors Sue Hedge Funds for Ties to Madoff
New York (HedgeCo.Net) – Investors in the hedge fund Fairfield Greenwich Group have sued the company after about $7.5 billion in potential losses stemming from ties to Bernard Madoff. The investors claimed that Fairfield sustained “avoidable losses,” by not practicing […]
