Tag Archives: eton-park
Biden No Hedge Fund Lover
HedgeFund.Net – According to Joseph Biden, the hedge fund industry and private equity deserve the blame for the global credit crisis. The Delaware senator and running mate of Democratic presidential nominee Barack Obama made that assertion in a primary debate […]
Ore Hill Hedge Fund Halts Redemptions
New York (HedgeCo.Net) – New York-based Ore Hill has suspended investor redemptions after hefty withdraws set off an “automatic gate.” The $1.2 billion Ore Hill International Portfolio, which is partially owned by hedge fund giant Man Group Plc, was frozen […]
Hedge investors on cautious tack in choppy markets
Reuters UK – Funds of hedge fund portfolios are battening down the hatches in the current volatile markets by building up cash or steering clear of strategies with too much exposure to market movements. With returns in the hedge fund […]
Hedge investors on cautious tack in choppy markets
Reuters – Funds of hedge fund portfolios are battening down the hatches in the current volatile markets by building up cash or steering clear of strategies with too much exposure to market movements. With returns in the hedge fund industry […]
Morgan Stanley, Goldman change lending systems
Boston Globe – Morgan Stanley and Goldman Sachs are responding to the credit crisis with a system that uses the market’s view of their own creditworthiness as a basis for lending decisions, the Financial Times reported. Wall Street’s second-largest investment […]
UBS Writes Down Another Subprime-Related $6 Billion
New York (HedgeCo.Net) – Writedowns from major banks have reached the $500 billion mark, only one year after the subprime fallout forced mortgage-backed securities to plummet in value. And it’s not over. Some economists estimate that number will ascend upwards […]
Global Islamic Fund of Funds Ranked Number One
Al-Bawaba – The Global Islamic Funds of Funds has demonstrated excellent performance in terms of returns and stability and has consistently outperformed other funds in the same category. Global Investment House “Global” announced today that its Global Islamic Fund of […]
Carlyle Group to Liquidate Hedge Fund
New York (HedgeCo.Net) – The private equity firm Carlyle Group will liquidate its lone hedge fund, after stating that it failed to achieve “critical mass.” The fund, Carlyle-Blue Wave Partners Management LP, was a multi-strat fund launched by Rick Goldsmith […]
Lone Star-Merrill deal marks power shift to funds
Reuters- Lone Star’s deal to buy bad loans from Merrill Lynch & Co signals a growing power shift as private equity firms mop up after the year-long credit crisis. Merrill Lynch said on Monday it will take a $5.7 billion […]
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 […]
European hedge fund launches fall to six-year low
Reuters UK- European hedge fund launches in the first half of 2008 fell to their lowest level since the last bear market, a survey showed on Monday, as the credit crisis hit investors’ confidence. The survey by EuroHedge, part of […]
Hedge fund chiefs look to global macro funds in difficult market
International Herald Tribune- Hedge fund managers are looking to global macro funds to try to steer clear of the mess created by the credit crisis while cautiously dipping into a small pool of more risky assets, a Reuters poll found. Stormy […]
