- Cov-Lite Loans Make a Return
- Pasture land for Plainfield Read the rest of this entry »
Tags: Cov-lite loans, Fees, Hedge funds, History repeating itself, liquidations, Max Holmes, Plainfield
Have they learned nothing? Cov-lite loans said to be making a comeback; Max Holmes’ Plainfield said to be liquidating so that he can start over (get that fee machine back up and running!)
On March - 26 - 2010
Deutsche Bank: Greece problems “a dress rehearsal” for problems U.S. and UK could face?; Wealthy bailing out of New Jersey for CT, other less taxing states; Hedge fund BlueGold denies liquidation rumors
On February - 5 - 2010
- Greece ‘Dress Rehearsal’ for U.S., Deutsche Bank Says
- Study finds the wealthy prefer Conn. to N.J.
- Hedge Fund BlueGold Capital Says Liquidation Rumors False Read the rest of this entry »
Tags: CDS, Deutsche Bank, Greece, Hedge funds, liquidations, rumors, Sovereign debt, Taxes, Wealthy
- Meriwether setting up new hedge fund
- TPG Plans to Return $20 Million in Fund Fees
- Hamptons Home Sales Surge Most in Five Years Amid 19% Discounts Read the rest of this entry »
Tags: Fees, Hamptons, John Meriwether, liquidations, Liquidations / implosions, Real Estate, TPG
CNBC is reporting that Galleon is shutting down; Per Bloomberg: letter sent to Galleon investors today says they’re exploring alternatives, firm might be sold
On October - 21 - 2009
Is anyone really suprised? According to a Bloomberg report:
Galleon said it was exploring various alternatives for the business, according to a letter sent to investors today. Galleon has been approached by unidentified parties interested in buying the firm and an undetermined amount of its assets, according to a person familiar with the firm.
Tags: CNBC, Galleon, Insisder trading, liquidations, Raj Rajaratnam
High water mark be damned: Atticus is closing 2 funds; Barakett to focus on family and philanthropic interests; 13F Chart study
On August - 12 - 2009
According to Atticus Capital’s Tim Barakett’s letter to investors regarding the closing of the funds that he manages (Atticus Global, Ltd. and Atticus Global, LP):
My decision is solely a personal one. After fifteen years of being singularly focused on building and managing Atticus, I believe it is time to reassess my future. I intend to spend more time with my family, pursue my philanthropic interests and establish a family office to manage my own capital and charitable foundation.
Here’s our translation: I had a crappy 2008 and what with that pesky high water mark where I’d have to work for free, I’m packing it in so that I can spend more time with my family, yadda, yadda. Read the rest of this entry »
Tags: 13F Chart Study, Atticus Capital, Hedge funds, high water marks, liquidations, Tim Barakett
Liquidating Pequot Capital’s 13F Chart study ($GLD,$CMGB,$RE,$MCD,$ONXX,$WMT,$QCOM)
On May - 28 - 2009
So what equities did Art Samberg’s Pequot Capital report in their 13F as of 3/31/09? Here’s the chart study for their 13F filing dated 3/31/09. Given that they’re now in liquidation mode, we thought it was particularly relevant:
Tags: 13F Charts, Art Samberg, Charts, Hedge funds, liquidations, Pequot Capital, SEC
Ospraie Funds’ Dwight Anderson: Failed hedge fund managers don’t roll up and die, they just open new funds
On May - 13 - 2009
High water mark? Pffffft, let’s just open new funds!: Even as his main Ospraie Fund crashed and burned and liquidated last year after losing 39%, Dwight Anderson now wants more money to manage with two new hedge funds scheduled to open on July 1. Existing investors who invest will be offered such a deal on their fees — 1 and 10 vs 2 and 20. And instead of the 3-5 year lock up, these funds will allow quarterly redemptions. Anderson and his partners will invest “significant capital” in the funds. Read the rest of this entry »
Tags: Hedge funds, liquidations, Ospraie, Rising like a phoenix, second life
