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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: hedge fund

hedge fund stories: 95 news summaries

81 - 95 of 95 Stories | << Prev 1 2 3 4 5

Funds Find One Bet They Can't Hedge: Trust

It's 1998 all over again as Bear Stearns buckle triggers panic

(Newser) - The recent collapse of two Bear Stearns hedge funds, and the resulting informal SEC investigation, have once again placed the complex system and its impact on markets under the spotlight. The Washington Post delves into the history and ethos of the powerful funds, comparing them to the Wizard of Oz... More »

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Wall Street Bear Stearns finance SEC hedge fund markets

Bad US Loans Sink London Hedge Fund

Subprime mortgage crisis ripples through
world market

(Newser) -  A London hedge fund is the latest casualty of the US subprime mortgage crisis that has already hit American investment companies, the Financial Times reports. After losing 53% of its value, Caliber Global Investment will sell its assets and try to repay $900 million to investors over the next... More »

SEC Opens Subprime Probe

Cox announces investigations into
CDOs in wake of
Bear Sterns tremors

(Newser) - The feds are investigating the controversial bundles of financial services that have recently shaken the market and sparked a spate of leveraged buyouts, the Journal reports. SEC chief Christopher Cox told a congressional panel yesterday that "about 12 investigations" were under way into CDOs, shared debt packages reliant on... More »

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investigation subprime mortgages leveraged buyouts Bear Stearns finance SEC hedge fund market Christopher Cox CDO

Hedge Fund Crisis Could Be 'Tip of Iceberg'

Suprime selloff, Bear Sterns collapse will test markets' elasticity

(Newser) - The near-collapse of a $20 billion pair of hedge funds has left Wall Street jittery, though not yet in panic mode, the Journal reports. Speculation about the fate of the Bear Stearns funds rippled through yesterday's markets, where stocks and bonds dipped widely; news that banks were struggling to unload... More »

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stock market investors subprime mortgages Bear Stearns hedge fund

Outlook Bearish for Bear Sterns Hedge Funds

Managers scramble after creditors
nix bailout plan

(Newser) - Two major Bear Stearns hedge funds that once controlled more than $20 billion in assets are on the brink of collapse after disastrous losses in securities backed by subprimes. The Journal reports a bailout plan that would have kept the funds afloat fractured last night, and the consequences could ripple... More »

Senate Puts Blackstone on Notice

Tax maneuver may derail IPO, transform private equity

(Newser) - Less than 2 weeks ahead of Blackstone's IPO, bipartisan legislation introduced in the Senate yesterday threatens to hamper or halt the avidly anticipated stock sale. The private equity behemoth's tax bill would more than double if the measure—under which partnerships like Blackstone would pay the 35% corporate rate rather... More »

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private equity Blackstone Group taxes Senate IPO stock hedge fund

KKR Buyout Spree Hits a Snag

Traditional investors tapped out; equity firm looking elsewhere

(Newser) - Buyout giant KKR's $26B acquisition of electronic payment processor First Data Corp is not going smoothly, reports the Wall Street Journal. Once enthusiastic investors are shying away from private equity deals as interest rates steepen. "We have enough exposure to KKR already," said one major financier. More »

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investing private equity Kohlberg Kravis Roberts KKR First Data Corp. Henry Kravis acquisition hedge fund buyout

New Cancer Ideas Compete for $1 Million

A Harvard doctor and two hedge fund managers set up contest for cancer cure

(Newser) - Doctors and hedge fund managers are joining forces to battle cancer with a million-dollar prize for the most imaginative new approach. The Gotham Prize for Cancer Research will be awarded to the most innovative essay—posted to the website—on finding a cure for cancer. Leading medical researchers will judge... More »

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cancer medicine health Harvard Medical School cancer research hedge fund innovation Gotham Prize

Hedge Funds Skip Riskier Gambles

Returns are down
as more cautious investors hold sway

(Newser) - Are hedge funds going soft? The swashbuckling industry has long been known for its high-risk, high-rewards MO, but returns are down, on average trailing the S&P 500 last year. The reason, BusinessWeek suggests, may be that alternative investments are no longer so alternative. And other non-traditional investments, like private... More »

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private equity money investments finance hedge fund

(Newser) - Former Goldman Sachs chairman John Whitehead is appalled by Wall Street's salary binge, and he wants his ex-employer to snap out of it. In an ornery interview with Bloomberg News, Whitehead, who ran the company from 1976 to 1984, says hedge funds sparked the rush toward obscene paydays but Goldman... More »

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Wall Street Goldman Sachs John Whitehead hedge fund salary

MEET THE MILLIONAIRES

From private equity
to speaking tours:
how the candidates made their money

(Newser) - No surprise that they're wealthy—at least 10 of this year's presidential candidates are millionaires. But how they brought in the big bucks is the focus of the Washington Post 's analysis of their latest financial disclosure forms and other documents. Rudy Giuliani, for instance, made $11 million last year... More »

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John Edwards Rudy Giuliani money hedge fund Election 2008

(Newser) - Qantas Airlines will keep flying solo, after what would have been the biggest airline takeover in history fell through yesterday evening. Airline Partners Australia, the private equity consortium that offered $11.1 billion for the company, failed to secure the 50% of stock it needed to move the deal to... More »

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private equity Qantas takeovers acquisition airline Airline Partners Australia hedge fund

Senate Eyes Hedge Fund Tax Breaks

Bill limits pretax earnings managers
can invest in their offshore funds

(Newser) - The Senate has an eye on extraordinary tax breaks that have allowed hedge fund managers to sock away hundreds of millions of dollars tax free, using their funds like giant pension schemes, the Times reports. Managers who run offshore funds can re-invest earnings in their own funds, deferring taxes for... More »

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Inside the Citadel: Hedge Fund Giant
Mulls IPO

Founder Ken Griffin gets cozy with Portfolio

(Newser) - Portfolio magazine debuts with a look inside Citadel Investment Group, the $13.5 billion Chicago hedge fund that's even more press-shy than most of its brethren. A rare chat with founder Ken Griffin reveals that he's thinking of taking Citadel public —which the magazine notes could be the biggest... More »

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investing Chicago Ken Griffin business finance IPO Citadel hedge fund

Wall Street Tigers Bearish on Stocks

Investment club moves to hedge funds, private equity instruments

(Newser) - Tiger 21—the elite investment club whose members have at least $10 million each — is moving away from stocks and into alternatives like hedge funds and private equity instruments. Michael Sonnenfeldt, Tiger 21 founder, reports that assets in stocks are down 10 percent from last year, based on members'... More »

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private equity stock market Wall Street Michael Sonnenfeldt stocks investments Tiger 21 hedge fund

81 - 95 of 95 Stories | << Prev 1 2 3 4 5