Tag Archives: fund-business


In Lieu of Bailout, a New Strategy

January 19, 2009 : Permalink

Atlanta Journal Constitution – Unlike the nation’s banks, hedge funds haven’t been lining up for government bailouts in the wake of losses they can’t handle. But the funds do share one Wall Street problem: a huge mismatch between the short-term […]

Blackstone Makes Single Manager Hedge Fund Changes to Ensure Profitability

December 24, 2008 : Permalink

West Palm Beach (HedgeCo.net) – The Blackstone Group is making changes to the single manager hedge funds businesses within its Marketable Alternative Asset Management (MAAM) segment. Blackstone is consolidating its distressed securities fund onto a single operating platform and moving […]

Tokio Marine Makes Gradual Shift to Hedge Funds as Prices Drop

August 14, 2008 : Permalink

Bloomberg – Tokio Marine Holdings Inc. will shift more of its 11 trillion yen ($100 billion) in assets to hedge funds and scour the globe for bargains as the credit squeeze forces down prices. Tokio Marine & Nichido Fire Insurance […]

Ex-Merrill Banker Kim Abandons Plans for Hedge Fund

August 5, 2008 : Permalink

Bloomberg – Dow Kim, the former head of trading and investment banking at Merrill Lynch & Co., dropped plans to start a hedge fund after investors backed out, according to two people with knowledge of the matter. Kim had been […]

Hedge Fund Blackstone Opens Office in Beijing

August 4, 2008 : Permalink

West Palm Beach (HedgeCo.net) – Global alternative asset manager Blackstone Group is opening a representative office in Beijing with former Vice President of Beijing Mainstreets Investment Group, Mr. Shan Fu as chief representative. "The opening of our Beijing office and […]