Tag Archives: deviations
Goldman’s Hedge Funds Business A Bright Spot In Down Year
CNN Money – Hedge funds may be struggling and closing up shop in the current market environment, but Goldman Sachs Group Inc. (GS) was able to make more money tending to the funds’ needs this year than last. The company, […]
Citi Prime Brokerage Singapore Head Leaves Co-Sources
CNN Money – In another sign the financial crisis is hitting Asia’s once booming hedge-fund industry, Alexis Fosler, the head of Citigroup Inc.’s ( C) prime brokerage team in Singapore has left the company, two people familiar with the situation […]
High-flying fund manager under SEC scrutiny
CNN Money – Third Point Management, a New York hedge fund run by one of the country’s most outspoken and controversial investors, has come under investigation from the Securities and Exchange Commission. The $5.6 billion fund, whose founder Daniel Loeb […]
Help wanted on Wall Street
CNN Money – No one would dare go so far as to say that the Wall Street job market is bright. Through June, financial firms of all stripes have shed an estimated 63,000 jobs over the past year, according to […]
Goldman Sachs Hedge-Fund Vehicle Raises $221 Million In Share Sale
CNN Money- A listed fund of hedge funds operated by Goldman Sachs Group Inc. (GS) has lifted its assets by about 25% by raising an additional $ 221.3 million on the London Stock Exchange on Tuesday. Goldman Sachs Dynamic Opportunities Ltd. (GSDO.LN), […]
Hedge funds urge CSX shareholders to elect their board slate
CNN Money- Two hedge funds urged shareholders of CSX Corp. on Tuesday to elect their minority slate of five board candidates, arguing that their nominees have more industry experience and a greater financial stake in the railroad operator. The hedge […]
