Tag Archives: asyst-technologies-inc


Lee Sustains Losses, May Shut Down Two Hedge Funds

New York (HedgeCo.Net) – Hedge fund investor Thomas H. Lee may downsize or shut the door to two of his funds after posting losses of about 40 percent this year, according to the Wall Street Journal. The funds, which together […]

Carlyle Group To Launch New Fund with $14 Billion

New York (HedgeCo.Net) – At a time when many hedge funds are experiencing their worst year to date, private equity firm The Carlyle Group is launching a new fund with around $14 billion in capital.  According to a report by […]

Hedge Funds Relunctant About PBL Media Refinancing

New York (HedgeCo.Net) – Private-equity firm CVC Asia Pacific, who owns 75 percent of PBL Media, is trying to prevent the company from defaulting on its $4.3 billion in debt, according to the Asian Wall Street Journal.  PBL Media, the […]

Duff Puts Plans on Hold as Hedge Funds Suffer

New York Times Blogs – Duff Capital Advisors has recently laid off dozens of its employees and is holding off on its plans to raise as much as $1.5 billion just eight months after the hedge fund firm began business, […]

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 […]

Credit Crunch Rocks Bain, as Funds Fall Up to 50%

Wall Street Journal – Some high-profile Bain Capital credit-investment funds are choking on losses of as much as 50%, said people familiar with the matter, the latest revelation in a day of shake-ups across the hedge-fund business. The private-equity firm’s […]

Wall Street CEOs Bag $3bn During Toxic Securities Build-Up

Here Is The City – Bloomberg reports that CEOs at Wall Street’s top five securities house earned a staggering $3bn between them from 2003 and 2007, during the time when the subprime and toxic securities timebomb was ticking away in […]

Africa attracting new private equity interest

Business Day – Private equity firm Actis says equity funds have embraced investing in Africa because many governments have instituted market reforms which are creating opportunities for brave investors willing to take a long-term view on Africa. “There is increased […]

Blackstone: $5 billion limit for LBO bank financing

Reuters – Private equity firm Blackstone Group LP’s chief operating officer said on Tuesday that the limit on bank financing for leveraged buyouts was about $5 billion. But COO Tony James said there were multiple opportunities to invest despite the […]

HSBC denies new deadline for $6.3 billion KEB deal

Reuters – HSBC Holdings on Thursday denied a South Korean media report saying it had agreed with U.S. private equity firm Lone Star to set a new deadline for a $6.3 billion deal for control of Korea Exchange Bank. "We […]

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 […]

Fulcrum Group Combines $100bln unit to serve 1000 hedge funds

West Palm Beach (HedgeCo.net) – Fulcrum Group, a leading global administrator for hedge funds and the alternative asset management industry, backed by global private equity firm, 3i, and Butterfield Fund Services (BFS), a top-twenty provider of administration services for investment […]