Tag Archives: assets


Hedge funds ‘encourage bankruptcies’ for profit

January 15, 2009 : Permalink

Guardian.co.uk – "Parts of the current complexity arises from the existence of distressed debt investors who sometimes see commercial advantage from using an insolvency process to organise the sale of the viable part of a business to a solvent buyer […]

Polar Capital hedge fund manager Barnett to leave

January 14, 2009 : Permalink

Reuters – Polar Capital Holdings Plc said on Wednesday that Julian Barnett, the founder and manager of hedge fund Polar Capital Paragon Fund Ltd, has resigned. The firm said Barnett had decided to leave for personal reasons, and would continue […]

Yahoo Investors Want New CEO Bartz to Earn Them Quick Return

January 14, 2009 : Permalink

Bloomberg – Yahoo! Inc. Chief Executive Officer Carol Bartz, who took the job yesterday, won’t get much of a honeymoon with the Internet company’s investors. Shareholders are looking for Yahoo to rekindle talks with Microsoft Corp. or possibly sell off […]

Biggest Listed Hedge Fund to Sue over Madoff Exposure

January 14, 2009 : Permalink

CNBC – Shares in Man Group, the world’s biggest listed hedge fund firm, slid on Wednesday after it said funds under management fell 21 percent and that it would sue over its exposure to the Madoff scandal. Man said its […]

Steel Partners Seeks to Convert Biggest Fund to Public Company

January 12, 2009 : Permalink

Bloomberg – Activist investor Warren Lichtenstein is seeking to convert his largest hedge fund into a publicly traded partnership after clients sought to withdraw 38 percent of their money. The $1.2 billion Steel Partners II Fund lost 39 percent last […]

Universal banks winning battle for hedge business

January 8, 2009 : Permalink

Reuters – Broker-dealers such as Morgan Stanley and Goldman Sachs are losing out in the battle for hedge funds’ dwindling pool of assets, as funds seek out banks with diverse sources of funding in a major shake-up of prime broking. […]

Asia stocks at 2-month high

January 5, 2009 : Permalink

Reuters – Asian stocks rose to a two-month high on Monday, with expectations for a global economic recovery later this year on the back of massive government spending prompting investors to wade back into riskier assets. Regional equities have risen […]

Hedge Fund Tracking: Seth Klarman & Baupost Group, Q3 2008

December 30, 2008 : Permalink

SeekingAlpha.com – This is the Third Quarter 2008 edition of our ongoing hedge fund tracking series. Next up is Baupost Group ran by Seth Klarman. Klarman received his MBA from Harvard Business School and started working at Baupost at age […]

JC Flowers, others close to IndyMac deal

December 29, 2008 : Permalink

Reuters – A consortium of private equity and hedge fund firms, including J.C. Flowers & Co, is close to a deal to buy the assets of failed mortgage lender IndyMac, a source familiar with the matter said on Sunday. The […]

The (Bullish) Case for Hedge Funds

December 29, 2008 : Permalink

Seeking Alpha – The one group of investors that’s been vilified more than any other by the business press and government officials alike in 2008? Hedge fund managers. After years of rapid growth in terms of both assets and numbers […]

Westpac freeze on $1.2b held in US hedge fund

December 29, 2008 : Permalink

Sydney Morning Herald – The Westpac-controlled BT Investment Management delivered grim season’s greetings to retail investors when it froze withdrawals from a $1.2 billion fund days before Christmas. The funds manager suspended all redemptions from its Global Return Fund, which has […]

If You Have the Stomach for Hedge Funds….

December 26, 2008 : Permalink

CNBC – The hedge fund industry has been battered this year, suffering heavy losses in part due to redemptions by investors as they asked for their money back amid the market turmoil. According to a Singapore-based hedge fund research firm […]