Tag Archives: default-rate
Salida Capital Freezes Three Funds That Used Lehman as Broker
Bloomberg – Salida Capital Corp., a Toronto-based hedge-fund manager with assets of about C$900 million ($834 million), halted redemptions on three of its funds after the bankruptcy of Lehman Brothers Holdings Inc. Lehman acted as prime broker for Salida’s C$157 […]
Mooring Hedge Fund Gains Amid Losses
West Palm Beach (HedgeCo.net) – Mooring Financial Corp., a private investment firm specializing in the management of alternative assets, has seen its hedge fund, the Mooring Intrepid Opportunity Fund gain 37% year-to-date, while global hedge fund returns have declined almost […]
Hedge Fund SageCrest Files for Bankruptcy
New York (HedgeCo.Net) – Greenwich-based hedge fund SageCrest Finance has filed for Chapter 11 bankruptcy protection. The credit opportunity fund, which grants short-term loan to companies left with few financing alternatives, said its recent losses were due to the condition […]
ARE Opportunity Fund Launch
West Palm Beach (HedgeCo.net) – Lee Hetfield has joined ARE Asset Management LLC, a distressed credit and distressed real estate asset management company in Florida, as Portfolio Manager. Hetfield reports that as of May 30, 2008, ARE Asset Management launched […]
Greylock Capital hedge fund hires ex Bear execs
Reuters – Greylock Capital, a hedge fund with about $600 million under management, said on Tuesday it hired several former Bear Stearns senior executives, the latest firm to bring in executives from the investment bank sold to JPMorgan Chase & […]
