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Duff Capital to acquire hedge fund North Sound
Reuters- Investment firm Duff Capital Advisors said on Tuesday it acquired hedge fund group North Sound Capital. The two firms, both located in Greenwich, Connecticut, did not disclose terms of the...
View ArticleA TV reporter gambles, and loses, on running a hedge fund
International Herald Tribune – Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: Billions of dollars were being thrown around like...
View ArticleHedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich,...
View ArticleHedge Funds Concede Errors, Profess Optimism After Worst Losses
Bloomberg – Hedge fund managers, after enduring the industry’s worst month in a decade, are seeking to explain to investors what went wrong and what they are doing about it. “We clearly underestimated...
View ArticleGlitzy Greenwich feels hedge fund pain
Reuters – As many hedge funds suffer big losses and anxious investors yank out their money, the town synonymous with the riches of their recent glory is now hurting. In Greenwich, Connecticut, the...
View ArticleDE Shaw, Farallon Restrict Withdrawals as Fund Freeze Deepens
Bloomberg – D.E. Shaw & Co. LP, the investment firm run by David Shaw, and Farallon Capital Management LLC limited withdrawals by clients, joining more than 80 hedge-fund managers to impose...
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