Tag Archives: sophia

Aberdeen CEO sees chance to buy hedge funds

Reuters UK – Fund manager Aberdeen Asset Management is eyeing opportunities to snap up funds of hedge funds and funds of private equity funds at bargain-basement prices, its chief executive said on Thursday. Martin Gilbert said that with opportunities in […]

GE to raise $15 billion, Buffett gets preferred stake

Reuters – General Electric Co plans to raise $15 billion through stock sales — including $3 billion from Warren Buffett — to improve liquidity and give it the option of more acquisitions at a time of intense market turmoil, the […]

Cerberus offloads MFI stake to restructuring specialist

Daily Telegraph – Cerberus, the American hedge fund, has sold its stake in Merchant Equity Partners, the owner of the MFI furniture chain, to Hilco and Goldman Sachs. The secretive investment firm was one of the original backers of MEP […]

Trump To Launch India Hegde Fund

West Palm Beach (HedgeCo.net) – Trump Organization USA announced plans to launch a $1 billion hedge fund to invest in Indian real estate. Donald Trump Jr.’s interest in the Indian real estate market was sparked in 2007 when he visited […]

Race-Horse Hedge Funds Go to the Races

New York Times Blogs- Big Brown may have failed to complete his Triple Crown sweep on Saturday — indeed, he came in dead last. But hasn’t slowed down what appears to be a burgeoning new sector: the race-horse hedge funds. […]