Tag Archives: high-risk
Oregon wins first round against college fund manager
Oregon Live – Oregon won the first round in a $36 million court battle against the former investment manager of its college fund by keeping the lawsuit out of federal court. U.S. District Judge Michael Hogan ruled that the case […]
Einhorn’s Greenlight Hedge Fund Purchases Ford Debt
Bloomberg – Greenlight Capital Inc., the hedge- fund firm run by David Einhorn, added to its holdings of Ford Motor Co. debt in the first quarter and invested in EMC Corp., Harman International Industries Inc. and Pfizer Inc. The hedge […]
GMO’s Global Macro Hedge Fund Sees Further Declines in Stocks
Bloomberg – Global Tactical Trust, a hedge fund run out of Australia by Boston-based Grantham Mayo Van Otterloo & Co., is betting the recent rally in stocks will end, and is avoiding high-risk investments. The hedge fund that invests based […]
Hedge Fund Pentwater Suspends Redemptions
West Palm Beach (HedgeCo.net) – In a letter to investors, Hedge Fund manager Pentwater Capital announced that due to a number of unexpected redemption notices for year-end they have suspended redemptions and withdrawals, effective immediately. "The entire hedge fund industry […]
Hedge Fund Finds Itself on Defense
New York Times – Kenneth C. Griffin was one of those Wall Street whiz kids. As a teenager, he traded out of his dorm room at Harvard. In his 20s, he opened his own hedge fund. In his 30s, he […]
Hedge-fund chief gains seat on Sara Lee board
Chicago Tribune – The leader of an activist hedge fund with a significant stake in Sara Lee Corp. has been added to the foodmaker’s board of directors. Downers Grove-based Sara Lee said Thursday that it is expanding its 10-member board […]