Tag Archives: subsidiaries
Former hedge fund head files against Citigroup
MSN MoneyCentral- A former manager of a Citigroup Inc hedge fund has filed a complaint with a British tribunal accusing the bank of causing his fund’s demise, the Wall Street Journal reported on Saturday, citing people familiar with the matter. […]
Cerberus’ Snow Compares Fannie, Freddie To Hedge Funds
FINalternatives- It’s not the first time “hedge fund” has been used as an epithet, but a former U.S. Treasury chief is using the H.F. words to describe mortgage giants Fannie Mae and Freddie Mac. The two firms, into which Treasury […]
Leopard Capital Competes to Invest in Cambodia Acleda Bank
Bloomberg – Leopard Capital, which is setting up a $100 million private-equity fund to invest in Cambodia, said it’s competing to buy a stake in Acleda Bank Plc, the largest Cambodian bank. “It’s the best-run bank, it’s clean and it […]
Citi Special Situations Team To Found Distressed Debt Hedge Fund
FINalternatives- Another pair of Citigroup fixed-income executives is to set up its own hedge fund shop. Jeff Jacob and John Humphrey, who run the global special situations group they established at Citi four years ago, will leave the firm in […]
Hedge star Paulson says credit crisis not over
Reuters- The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit. In its twice-yearly report in April, […]
