A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
London & Capital Investment Advisors Inc. of Miami, the U.S.-based unit of London & Capital PLC, today announced its plan to launch a range of alternative absolute return investment strategies.
Shaky market conditions in August bit off 8% of Tudor Investment Corp.’s Raptor Global Fund, according to Reuters.
The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.
Purchases of existing homes in the Unites States slipped 0.2% in July, the fifth consecutive monthly decline, according to the National Association of Realtors.
Major losses at prominent hedge funds are causing pension fund managers to second guess hedge fund investments.
S.A.C. Capital Advisors, the world's most expensive hedge fund manager, joined the majority of hedge funds that lost money in the first two weeks of August, posting a 6% drop in its multi-strategy fund, according to an investor.
A federal judge refused to allow investors to seize the assets of two hedge funds of Bear Stearns' for 10 days, but indicated he is considering lifting the funds' U.S. bankruptcy protections.
Blackstone Group claims its yearly tax tab would increase by $525 million under legislation proposed in the Senate.
Goldman Sachs's Global Equity Opportunities hedge fund gained 12% last week after the firm injected it with $3 billion in cash.
GLG's European Long-Short, with more than $2 billion in assets, lost 4.4% in value during the first 10 days Of August.
Raising taxes on private equity managers probably won’t generate a whole lot of money, according to a new study.
FBR took a $57 million loss after selling $4.95 billion in agency mortgage-backed securities.
Angelo Haligiannis was arrested in Greece and then freed pending an extradition hearing next week.
Equity markets pulled back during June, but hedge funds still posted positive returns, according to the Lipper Hedge Funds Insight report.
Chimera Investment Corp., a newly formed specialty finance company that will invest in mortgages, filed to raise up to $250 million through an initial public offering.
Country songs aren’t just about losing your dog, your truck and your wife—they’re also about losing your hedge fund.
