Tag Archives: net-proceeds
Private equity firm takes 40% stake in Panmure
ShareCast – Private equity group BlueGem is to take a 40% stake in stockbroker Panmure Gordon in a move that will inject £17.3m of capital into the broker.Panmure Gordon has placed 72m new shares with BlueGem at 24p per share. […]
Meltdown sets back hedge fund master
Globe and Mail – Math whiz Ravi Sood has ridden the highs and lows of the wild world of hedge funds. The president of Lawrence Asset Management Inc. made a name for himself running the firm’s flagship hedge fund with […]
Hedge funds taking it on chin; losses expected to fuel mergers
Globe and Mail – Hedge fund manager Ravi Sood is having a rough time navigating through the tsunami that has hit stock markets around the world. The stellar record of his Lawrence Partners Fund suffered a 48-per-cent hair cut in […]
Hedge fund launches in dire times
Globe and Mail – On monday, when North American markets cratered, was not the most auspicious day to launch a closed-end fund of hedge funds, but Star Hedge Managers Corp. has been quietly trading since then. This fund invests in […]
New rules to make risky funds more transparent
Toronto Star- In one of Canada’s biggest investment scandals, regulators pulled the plug on Portus Alternative Asset Management Inc. in early 2005. The now-bankrupt Toronto company was selling risky hedge funds to ordinary investors, using a complex structure that avoided […]
