Tag Archives: wednesday-night


Barclays Sues Chicago Hedge Fund Over Ties to Petters

November 24, 2008 : Permalink

New York (HedgeCo.Net) – Barclays Bank Plc has sued Chicago-based Ritchie Capital Management and the hedge fund’s principal Thane Ritchie, accusing them of concealing a $150 million investment in the controversial and now collapsed Petters Group Worldwide LLC. According to […]

Ritchie Funds Sued by Barclays Over Hidden Petters Group Stake

November 20, 2008 : Permalink

Bloomberg – Ritchie Capital Management and Thane Ritchie, the hedge fund manager’s principal, were sued by Barclays Bank Plc over accusations they concealed more than $150 million in investments made in the collapsed Petters Group Worldwide LLC and affiliates. Now […]

Feds expand probe into Bear Stearns

October 9, 2008 : Permalink

Newsday – A federal probe of the $1.8-billion collapse of Bear Stearns hedge funds has spread to include the activities of a number of banks and other lenders, according to court records and legal sources. Investigators are also reviewing various […]