Tag Archives: adverse-effect
MILTON BROS. FEEL HEAT ON FUNDS
New York Post – The heat is getting turned up under Alan and Philip Milton, the brother team that runs Greenwich-based Windmill Management and its embattled SageCrest hedge funds. A lawyer for an investor in the SageCrest II hedge fund […]
Hedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its […]
Hedge Fund SageCrest Files For Bankruptcy
West Palm Beach (HedgeCo.net) – In an effort to head off a forced asset sale, Windmill Management’s SageCrest Finance and SageCrest II filed for Chapter 11 bankruptcy after its assets fell sharply. The hedge fund filed at U.S. Bankruptcy Court […]
Investor accuses hedge fund of siphoning off money
Hartford Courant- An investor has sued a Greenwich hedge fund management firm, accusing its operators of siphoning off money and enriching themselves at the expense of investors. Westerly Capital sued Windmill Management LLC, manager of SageCrest hedge fund, and operators […]
