Tag Archives: pipeline
New funding sought for U.S. “clunker” program
Reuters – The U.S. government’s $1 billion "cash for clunkers" auto sales incentive program reached its funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday. Auto dealers began offering government-backed rebates […]
Few Hedge Funds Started In Europe This Year, Raising Little
NASDAQ – The pace of new European hedge fund launches has stalled this year after the industry’s dismal 2008 performance made investors unwilling to back new ventures. Data provider EuroHedge Monday said just 47 funds started trading in the first […]
New Horizon may start second fund
Reuters UK – New Horizon Capital, a Japanese private equity firm, said it may start raising its second fund this year as it sees opportunities to make money from investing in struggling companies. New Horizon has five potential transactions in […]
Four in hedge fund sting convicted
Newsday – Maybe you heard the one about the phony multibillion-dollar Long Island hedge fund that was actually performing a public service. No? Well, apparently neither did four confidence men, according to federal prosecutors. The four were convicted yesterday in […]
