Tag Archives: rsquo
Hedge Fund Insurance Costs Rise as Lehman, Madoff Spur Scrutiny
Bloomberg – The cost of insuring hedge funds against negligence has risen as much as 20 percent in the past six months after Lehman Brothers Holdings Inc.’s bankruptcy and Bernard Madoff’s Ponzi scheme increased the threat of lawsuits. A fund […]
Steven Soderbergh on hookers and hedge funds
St. Louis Post-Dispatch – For his 20th feature film, “The Girlfriend Experience,” director Steven Soderbergh has returned to a theme he explored in his breakthrough “sex, lies and videotape”: infidelity. Yet the Oscar-winning director of “Traffic” and blockbusters such as […]
Stanford Completes Second Phase of Hedge Fund Case Study
West Palm Beach (HedgeCo.net) – The second phase of a hedge fund business model case study has been finalized by the Stanford University’s Graduate School of Business. GlobeOp is the first hedge fund administrator to be featured in a case […]
Petite hedge fund WLTM larger partner?
Reuters Blogs – Finding the right partner can be difficult, which is why matchmaking can be helpful. That’s precisely what recruitment firm Alpha Search Advisory Partners is attempting to do with its Hedge Fund Consolidation practice, launched today. The unit, which aims […]
Paulson to Launch New Real Estate Fund, Report Says
New York Times Blogs – John Paulson, the hedge fund manager who reaped a windfall betting against the U.S. housing market before the credit crunch, is now hoping to ride to riches on the property industry’s recovery, The Telegraph reported. […]
Och Stores Up Cash as Funds Brace for Stock Losses
Bloomberg – Daniel Och had about 35 percent of his $20 billion of hedge-fund assets in cash during the first quarter because he suspects global stock markets will start falling again. “The world will not just bounce back to where […]
Fairfield Hedge Funds Sued by Madoff Trustee
Newsinferno.com – Bernard Madoff trustee, Irving Picard, has sued three Fairfield Greenwich Group hedge funds—Fairfield Sentry Ltd., Greenwich Sentry LP, and Greenwich Sentry Partners LP—in a clawback suit that seeks the return of $3.54 billion to repay victims of Madoff’s […]
TCI Cuts $1 Billion of Japanese Short Stock Positions
Bloomberg – The Children’s Investment Fund Management UK LLP, a $9.5 billion U.K. hedge fund, cut its short positions in Japanese stocks including Toshiba Corp. by almost $1 billion in less than two months, exchange filings show. The London-based fund, […]
Blackstone Cancels Plan for Asian Event-Driven Fund
Bloomberg – Blackstone Group LP, the world’s biggest buyout company, canceled a plan to start a hedge fund that initially aimed to invest as much as $1 billion in Asian companies affected by events such as mergers and reorganizations. Blackstone […]
Aozora Posts 242.6 Billion Yen Loss on GMAC, Hedge Fund Losses
Bloomberg – Aozora Bank Ltd., the Japanese lender controlled by Cerberus Capital Management LP, posted its first loss in a decade, after investments in U.S. lender GMAC LLC and Bernard Madoff soured. The bank booked a 242.6 billion yen ($2.5 […]
