Tag Archives: volatility
Is Marc Dreier a gang member? Prison officials want to know
New York Daily News – Is Park Ave. lawyer Marc Dreier a Blood? Or maybe a Crip? Federal prison officials are refusing to remove the accused hedge fund swindler from 24-hour lockdown until they determine whether he’s a gang member, attorney Gerald Shargel told […]
Exchange Club raises $75000 for Goodfellow Fund
Fort Worth Star Telegram – That sure looked like the Alaska governor moose hunting in downtown Fort Worth on Wednesday. And she found an already-well-stuffed target: business and political leaders generously donating money for Christmas gifts for 1,500 children, thanks […]
8th Circuit Rejects Hedge Fund’s Debt Collection Practice
Law.com – The 8th U.S. Circuit Court of Appeals has become the first circuit in the country to rebuff efforts by a hedge fund to call in a debt based on an alleged technical violation of bond terms in a […]
Even strong hedge funds may go under
Reuters – Even some strong hedge fund managers may not survive the ongoing credit crisis due to a lack of funding or credit, the president of hedge fund John W. Henry & Co. said on Tuesday. "There are going to be some […]
I’m Shocked, Shocked: My Hedge Fund Didn’t Hedge!
Seeking Alpha – "In my view they didn’t do what they set out to do … which was to hedge. I saw a few hedge funds that did much worse than my long-only fund, which is rather ironic," [Veritas Asset […]
Hedge funds in EU will be regulated
Reuters – Hedge funds in the European Union will be regulated following a public consultation that is currently underway, a senior EU official said on Wednesday. "On hedge funds, we have used as our basis that they must be regulated," […]
UBP sees ‘unique’ opportunities in hedge fund segment
GENEVA (Reuters) – Union Bancaire Privee (UBP) aims to reinforce its presence in the hedge funds segment as rivals feel the pressure from the prolonged financial crisis, a senior bank official said on Tuesday. "Only the best will survive and […]
Hedge funds find silver lining in crisis
Norwalk Advocate – Crisis can create opportunity, and for the smart hedge fund operator, the downturn gripping the global investment community is a chance to build a respected reputation in the industry. While the financial crisis has been unprecedented, so […]
TPG’s Bonderman eyes debt assets sold by hedge funds
Reuters HK – David Bonderman, one of the the most influential figures in the U.S. private equity industry, said on Thursday his firm, buyout giant TPG Capital TPG.UL, wanted to buy debt assets offloaded by troubled hedge funds. Bonderman, speaking […]
Witnesses Call for Tighter Hedge Fund Restrictions
New York Times – Several leading hedge fund managers told Congress on Thursday they support some new regulation of hedge funds and the complex derivative securities that are partly blamed for the global financial crisis. But they advocated only the […]