Tag Archives: millionaire
Elle Macpherson cuts £2 million from price of her Notting Hill home
This is London – She bought the property close to the top of the market following the break-up of her relationship with hedge-fund multi-millionaire and philanthropist Arpad "Arki" Busson, the father of her two children Arpad Flynn, 11, and Aurelius […]
Helios Plans India ‘Slumdog Millionaire’ Stock Fund
Bloomberg – Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp., plans to start a “Slumdog Millionaire” fund that will buy underperforming shares of Indian companies. “We want to find slumdogs from the Indian equity markets […]
Hedge fund millionaire trumps offer for Panmure
Reuters UK – Hedge fund millionaire Bertrand des Pallieres’s SPQR Capital has launched a bid to trump BlueGem Water’s proposed stake building in stockbroker Panmure Gordon & Co. SPQR said that, via vehicle P.G. Holdings, it proposed to take part […]
Former chairman of GM financial arm charged in Madoff-related fraud
WSWS – New York State Attorney General Andrew Cuomo on Monday charged J. Ezra Merkin, a multi-millionaire hedge fund manager and former chairman of GMAC Financial Services, the financial arm of General Motors, with bilking investors out of $2.4 billion […]
Hedge fund-like investments, even if you are not a millionaire
New York Daily News – The hedge fund industry has a public relations problem these days and you have to be a millionaire to invest in one anyway, but there’s a new fund for more modest investors that can offer […]
Treasury Select Committee turns the spotlight on hedge funds
Times Online – They are the financial world’s most secretive and unaccountable men — but also among its wealthiest and most influential. Today, four of the sharpest speculators in the hedge fund industry will be thrust into the spotlight when […]
PXP Vietnam to start hedge fund, bets on stock recovery
Thanhnien – The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said. PXP, the initials of Phan Xi Pang, Vietnam’s highest mountain, is betting that the stock market will recover […]
