Tag Archives: fn
Pacificor Hedge Fund Faces Lawsuit
New York (HedgeCo.Net) – The hedge fund formerly run by the late Michael Klein has been sued by two individuals who owned a mortgage lending business in which the fund had a stake. John and Kitty Gaiser are suing California-based […]
Fortress fighting to keep two of its companies afloat
FT – Reuters – Fortress Investment Group LLC, one of the few publicly traded managers of private equity and hedge funds, is taking action to keep two of its companies afloat, the Financial Times said, quoting people familiar with the […]
Hedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its […]
