Einhorn’s Greenlight Capital Added to the List
New York (HedgeCo.net) – Alternative investment firms continue to post poor second quarter results. On Monday, Greenlight Capital RE, the reinsurer headed by David Einhorn, reported a second quarter...
View ArticleCiti offers $250m to hedge fund investors
Independent- Citigroup is coming under pressure to bail out investors in one of its troubled hedge funds, in another embarrassment for a company already among the biggest losers from the credit...
View ArticleHedge Funds Fell 0.75%, Worst First-Half Performance
Bloomberg – Hedge funds turned in their worst first-half performance in almost two decades as the collapse of subprime-mortgage bonds and rising commodity prices pushed stocks to the brink of a bear...
View ArticleJohn Paulson Buys Mortgage Bonds as Hedge Fund Losses Widen
Bloomberg – Money manager John Paulson has started buying beaten-up mortgage bonds as hedge funds stumbled for a fifth straight month. Paulson, 52, is purchasing debt backed by home loans after...
View ArticleAussie hedge fund manage HFA Holdings freezes payouts
The Australian – HFA, which has $5.8 billion in assets, joins a long line of fund managers — including Perpetual, Babcock & Brown and Macquarie Group — in suspending redemptions from some funds...
View ArticleFixing US economy’s health is a boon for DC region
Charleston Gazette – Whether it’s a buildup of Civil War troops, Depression-era bureaucrats or defense contractors after Sept. 11, the region has prospered in times of crisis. Today, the financial...
View ArticleBlackstone Falls to New Low as Investors Brace for Another Loss
Bloomberg – Blackstone Group LP, the world’s largest private-equity firm, fell to a record low in New York trading this week on concern that a rebound in leveraged buyouts will lag behind any economic...
View ArticleNY State Pension Fund Linked to Millions in Kickbacks from Private Equity,...
New York (HedgeCo.Net) – Two high-ranking men who worked in the New York State comptroller’s office were arrested yesterday after it was discovered they took millions of dollars in kickbacks from...
View ArticleHedge Funds, Buyout Firms Say Regulation Unstoppable
Bloombergb – Hedge funds and private-equity firms, after opposing increased federal oversight for years, said they can’t escape the Obama administration’s plan to include them in an overhaul of U.S....
View ArticleChurch Pension fund opens shop in Asia
Reuters – India Church Pension Fund has invested in Future Group backed Indivision India, Advantage Partners and IDG Accel China. The $8 billion Church Pension Fund based in New York City has roped in...
View ArticleNew York, SEC investigates Carlyle Group
SmartBrief – Carlyle Group is being investigated by New York prosecutors and the Securities and Exchange Commission for allegations that it made improper payments to get investments from the state’s...
View ArticleMorris Emerges as Key Figure in Probe of New York Pension Fund
Bloomberg – Former Democratic political adviser Hank Morris and New York State Deputy Comptroller David Loglisci may hold the keys as authorities examine whether private equity firms and hedge funds...
View ArticleCarlyle Group Sets Sights On Battered Banks
Free Internet Press – With the leveraged-buyout business on life support, major private-equity firms such as the Carlyle Group are taking a closer look at the battered banking sector as a way to make...
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