point

 

 Remember me

Register  |   Lost password?


 

FINalternatives's Blog

Silverman Out At Credit Suisse Prime Consultancy

July 28, 2011 Comments (0)

A top executive at Credit Suisse's prime brokerage has been laid off. read more

North Carolina Pension Hires PAAMCo

July 28, 2011 Comments (0)

The North Carolina Retirement System has retained California-based fund of hedge funds Pacific Alternative Assets Management Co. read more

FSA Says Hedge Fund Defaults Pose Little Systemic Risk

July 28, 2011 Comments (0)

The U.K. Financial Services Authority says hedge fund defaults pose little threat to the country’s financial system as their “footprint” within markets is “generally small.” read more

Senator Accuses Soros Of ‘Hypocrisy’

July 28, 2011 Comments (0)

U.S. Senator Richard Shelby (R-Ala) accused billionaire businessman George Soros of hypocrisy for avoiding new regulations by turning his $25 billion hedge fund shop into a family office and returning outside money. read more

SAC To Close Flagship On Aug. 1

July 27, 2011 Comments (0)

After months of mulling such a move, SAC Capital Advisors will close its flagship hedge fund to new money at the end of the month. The Stamford, Conn.-based firm's International Fund, which has grown by about $2 billion since reopening to new investment last year, will close on Aug. 1.  The $14 billion firm is characterizing Monday's move as a "soft close," but SAC won't take new money from either existing investors or would-be new ones. read more

European Launches Are Fewer, But Bigger

July 27, 2011 Comments (0)

New European hedge funds are twice as large, on average, as they were last year, according to new figures from EuroHedge. read more

BNP Prime Brokerage Goes Global

July 27, 2011 Comments (0)

BNP Paribas has officially unveiled its global prime brokerage platform three years after buying Bank of America's prime brokerage business. read more

Mortgage-Backed Hedge Funds Hit In June

July 27, 2011 Comments (0)

Hedge funds investing in mortgage-backed securities had a tough time in June, as those bonds took a hit to close out the first half. read more

Citi Wants Madoff Case Dismissed

July 27, 2011 Comments (0)

Citigroup yesterday rejected the court-appointed trustee in the Bernard Madoff case's allegations against it and asked a federal bankruptcy court to toss his lawsuit against the bank. read more

Court Tosses UBS Lawsuit Against Highland

July 27, 2011 Comments (0)

A New York State appeals court has all but ended UBS' legal battle with Highland Capital Management over losses it suffered in a collateralized debt restructuring. read more