Tag Archives: dumps


Tontine to Shut Down Two Hedge Funds

November 12, 2008 : Permalink

New York (HedgeCo.Net) – Two hedge funds run by famed portfolio manager Jeffrey Gendell are being closed because of heavy losses suffered this year.  Both Tontine Partners LP and Tontine Capital Partners LP are liquidating assets, although no time table […]

Scholes Among Losers as Hedge Funds Slump in October

November 11, 2008 : Permalink

Bloomberg – Hedge funds run by Jeffrey Gendell and John Burbank III posted their worst monthly losses in October. Peter Thiel gave back gains made earlier in the year. Nobel-prize winner Myron Scholes froze his biggest fund. The managers, like […]

Hedge Funds: Defensive In Tone, Aggressive In Strategy

October 22, 2008 : Permalink

Wall Street Journal Blogs – In an effort to forestall more redemptions and panic, hedge-fund managers preached “strong stomachs” and washed their hands of responsibility for losses in the latest round of investor letters. A review of nearly a dozen […]