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Stories Archive, MAY, 2008


29-05-2008  

New Jersey to invest $1.4 bn in alternative Investments
The $81.5 bn New Jersey Division of Investment is committing $1.4 bn to...

28-05-2008  

SEC issues subpoenas to DB Zwirn hedge fund
The SEC has issued subpoenas requesting information about the valuation...

27-05-2008  

Blackstone and Apollo in talks with Chemtura
The FT reports that Blackstone Group and Apollo Management, the private...

26-05-2008  

U.K. House Prices Fall Again
U.K. home values fell for an eighth month in May and will probably drop...

26-05-2008  

George Soros: rocketing oil price is a bubble
Speculators are largely responsible for driving crude prices to their...

23-05-2008  

Daido Life Plans to Increase Investment in Hedge Funds
Daido Life Insurance Co., with assets of $58 bn, will increase...

22-05-2008  

UBS sells shares at deep discount in rights issue
UBS AG, the biggest European casualty of the subprime crisis, plans to...

22-05-2008  

Residential Capital LLC is fighting to avoid bankruptcy
Residential Capital has said it may not be able to meet debt obligations...

21-05-2008  

AIG aims to raise more new capital
American International Group (AIG) revealed it would raise about $20bn...

20-05-2008  

US economy in ‘uncharted waters’
The US economy is in “uncharted waters,” Federal Reserve vice-chairman...

19-05-2008  

Hedge Funds - Age could be key
Hedge funds post their best performance in their first two years,...

17-05-2008  

Food prices decline
The United Nations’ Food and Agriculture Organisation food price index,...

15-05-2008  

Hedge funds code of practice
Summary of UK Hedge Fund Working Group’s recommendations

02-05-2008  

Berkshire loses 1.6bn $ on derivatives
Warren Buffett’s Berkshire Hathaway was hit by a $1.6bn first-quarter...

01-05-2008  

Drake winds down hedge fund
Drake Management has pulled the plug on its $2.5bn flagship 'Global...

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