Tag Archives: world-of-pain


Hedge Funds Looking to Revamp Dillard’s Management

October 28, 2008 : Permalink

New York (HedgeCo.Net) – Two hedge funds are looking to oust William Dillard II, CEO of Dillard’s Inc., after poor performance and lagging stock prices.  Barington Capital Group LP and Clinton Group Inc sent a letter to the SEC that […]

Former UBS Trader’s Hedge Fund Takes a Hit

August 15, 2008 : Permalink

New York (HedgeCo.Net) – The SRM Global Master Fund, headed by former UBS AG star trader Jonathan Wood, is down about 85% over the course of its two-year tenure, according to a report by the Wall Street Journal.  Launched in […]

Blackstone’s income falls, but beats expectations

August 8, 2008 : Permalink

International Herald Tribune – Blackstone Group, manager of the world’s largest leveraged-buyout fund, said Wednesday that second-quarter profit beat analysts’ estimates as gains from hedge funds offset a decline in private-equity takeovers. Net economic income, a measure that excludes some compensation […]

Eight Arrested in London Insider Trading Scheme

July 30, 2008 : Permalink

New York (HedgeCo.Net) – Eight people were arrested yesterday in London on suspicions of insider trading.     The city of London police and about 40 Financial Services Authority officials targeted workers at UBS and JPMorgan Cazenove, in what they are […]