Tag Archives: wagers
Paulson Hedge Fund Buys Banks That Lost Value in Credit Crisis
Bloomberg – John Paulson, the hedge-fund manager whose wagers against the U.S. housing market helped him earn an estimated $2.5 billion last year, bought Bank of America Corp. and Goldman Sachs Group Inc. stock in the second quarter, while adding […]
Boaz Weinstein Said to Raise $160 Million for Saba Hedge Fund
Bloomberg – Boaz Weinstein, the bond trader who lost more than $1 billion last year at Deutsche Bank AG, has raised about $160 million since the end of April for his new hedge fund, according to two people familiar with […]
Octagon, Run by Ex-GIC Staff, to Start Hedge Fund
Bloomberg – Octagon Capital Management Pte, run by former managers of the Government of Singapore Investment Corp.’s quantitative-investment group, plans to start a fund that seeks to profit from broad economic trends. Octagon, which uses computer models to pick trades, […]
Iraqi Babylon Fund Maintains in June
West Palm Beach (HedgeCo.Net)- So far this summer, with only some slight exaggeration, Iraq could comparatively be portrayed as a stable, safe & secure place, according to the Fact Sheet for June 2008 for the Iraqi Babylon Fund. Relative calmness […]
House denies alternative minimum tax expansion
Seattle Times- The House on Wednesday approved a plan to protect more than 20 million families from an expensive levy called the alternative minimum tax (AMT) while raising taxes on hedge-fund managers and oil companies. But the measure has little […]
Energy Hedge Funds Sputter Despite Soaring Markets
CNNMoney.com- Oil and natural gas prices have soared to new highs this year, but most energy hedge funds are having trouble turning a profit in their trades. Energy hedge fund managers interviewed by Hedge Fund Trades cited various reasons for […]
