Monthly Archives: March 2009
Emerging private equity surviving crisis
Reuters – Private equity continues to show signs of life in emerging markets despite drying up in the west, the manager of an emerging fund of funds said, but even in frontier African markets firms and funds are feeling the […]
Hedge funds waiting to invest $300 billion: report
Philadelphia Daily News – "Hedge fund managers are sitting on $300 billion in cash," says InvestmentNews, citing a report by Deutsche Bank AG. Short article here. That almost sounds modest, compared to what the Federal Reserve and Treasury are pumping […]
Asia hedge funds yearn for institutional love
Reuters – Asian institutional wealth holds the key to growing the local hedge fund industry that has relied heavily on foreign inflows, an industry body said on Wednesday. With the exception of Singapore, regional institutional investors have mostly shied away […]
Hedge fund victims blame losses on newsletter
Herald Tribune – On Tuesday, investment newsletter writer Don Rowe Tuesday became the target of a $2.3 million lawsuit by six victims of Arthur G. Nadel’s failed hedge funds — investors who claim they took Rowe seriously when he called […]
Hedge fund Bridgewater mulls US toxic asset plan
Reuters – Bridgewater Associates Inc, one of the world’s biggest hedge-fund managers, said on Tuesday it might be interested in participating in the U.S. Treasury’s public-private investment program, calling it a "big transfer of money from the government to the […]
Big hedge funds’ golden era fading
Reuters – The golden age for super-sized hedge funds may be coming to an end as investors think about putting more money with smaller players, said an industry veteran who is setting up his own fund. "I think the established […]
Hedge-Fund Pay May Fall 25% in 2009 as Fees Evaporate
Bloomberg – Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year’s investment losses. The decline will cut hedge-fund paychecks to about half the record levels of 2007, […]
Top Hedge Fund Managers Do Well in a Down Year
The Ledger – The financial crisis may have turned much of Wall Street’s wealth into dross, but a select group of hedge fund managers has managed to maintain a golden touch that might make King Midas blush. As major markets […]
Geithner’s Toxic Asset Plan: Wall Street Finally Cheers
Time.com – To stop the economy’s deflationary spiral, President Obama and Treasury Secretary Tim Geithner need to get toxic assets off banks’ balance sheets so the banks can start lending again. With much fanfare and after much delay, Geithner on […]
Madoff Trustee Locates Assets of $75 Million
Wall Street Journal – A lawyer for the court-appointed trustee liquidating Bernard Madoff’s firm confirmed they have located an additional $75 million in Madoff assets — a figure that would put the total above $1 billion. A lawyer for the […]
Washington’s reluctant auto bailout
CNNMoney.com – General Motors and Chrysler LLC have about a week or less before they find out if they’ll get the additional help they need from taxpayers, creditors and unions to avoid bankruptcy. What they already know is that any […]
Hedge Fund Assets to Fall 11% in 2009, Study Says
Bloomberg – The global hedge fund industry may shrink by 11 percent this year as funds liquidate and investor withdrawals persist, a Deutsche Bank AG survey said. Industry assets may fall to $1.33 trillion by December, according to 68 percent […]