Tag Archives: ashe


Hedge Funds Are Bracing for Investors to Cash Out

New York Times – First, the money rushed into hedge funds. Now, some fear, it could rush out. Even as Washington reached a tentative agreement on Sunday over what may become the largest financial bailout in American history, new worries […]

Wall Street Fastens Its Seatbelt, Preparing for This Weeks Ride

New York Times – Frazzled traders and money managers spent an angst-filled weekend struggling to fathom the sweeping bailout the Bush administration proposed for financial institutions in the United States and what it will mean for the world’s markets. At […]

Harbinger says it’s not dumping Times, Media General

Reuters – Hedge fund Harbinger Capital Partners said it is not pulling out of high-profile investments like The New York Times Co. and Media General Inc., seeking to quell market rumors after their share prices dropped sharply on Monday. Philip […]

Hedge Fund Glory Days Fading Fast

New York Times – Making millions — or even a few billion — by managing a hedge fund has been a running dream on Wall Street in recent years. But suddenly even the masters of this $2 trillion universe are […]

Hedge Funds Hit An All Time Low – HFR Report

West Palm Beach (HedgeCo.net) – New investments in hedge funds for the first six months of 2008 was below $30 billion, according to Hedge Fund Research, way below the $118 billion raised for the same period the year before, making […]

Shocker! Steve Jobs Blames It All on Hedge Funds

New York Times – To the ranks of chief executives who blame those terrible meanies who run hedge funds for their troubles — Jeffrey Skilling at Enron, say, or Jimmy Cayne at Bear Stearns, or Patrick Byrne at Overstock.com — […]

Survey shows lack of succession planning at hedge funds

Wealth Bulletin – Nearly 70% of hedge funds don’t have a clear succession planning structure in place, a study by wealth management experts Russ Alan Prince and Hannah Shaw Grove has shown, according to a report in The New York […]

Harbinger Hedge Fund Picks Next Battle

New York (HedgeCo.Net) – Harbinger Capital Partners is no stranger to aggressively seeking strategic changes within companies in which they invest. This month, it’s Harbinger vs. Cleveland-Cliffs Inc. The mining company is urging shareholders to reject a bid by the […]

Harbinger Hedge Fund Looking to Shake Up Another Board

New York (HedgeCo.Net) – Harbinger Capital has taken an 8 percent stake in Cablevision Systems Corp., according to a regulatory filing done yesterday with the Securities and Exchange Commission. The activist hedge fund now owns nearly 19 million shares of […]

Hedge Fund Business Lifts Profit for Blackstone

New York Times – The Blackstone Group may be best known as an immense private equity firm, but the firm’s earnings report on Wednesday made it clear that Blackstone has been buoyed by its hedge fund operations. Blackstone reported $165.6 […]

Big-Dollar Donors Are Major Force in Obama Campaign

New York Times – In an effort to cast himself as independent of the influence of money on politics, Senator Barack Obama often highlights the campaign contributions of $200 or less that have amounted to fully half of the $340 […]

Jack Nash, Pioneer in Hedge Funds, Dies at 79

New York Times Blogs – Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long […]