Hedge Crunch FinancialMarch, 2008
Laurus – Valens Hedge Fund Adds partner – Kendall Raine
Laurus-Valens, a New York-based firm specializing in hedge funds that make private investments in publicly traded small and microcap stocks has hired a managing director from A.G. Edwards. These private transactions typically give the Laurus funds warrants for the right to purchase stock at a discount to market prices. The funds seek double digit returns [...]
Scaling back lending because of Mortgage Crisis
Ballooning losses from the US mortgage market could force the global financial industry to scale back lending by $2 trillion and trigger a substantial recession, according to a bearish analysis. The startling figure was suggested yesterday by the chief US economist at Goldman Sachs, Jan Hatzius, who said that an estimated $400bn (£290bn) in losses [...]
JP Morgan not affected by the credit crunch
Even though three of the top ten largest hedge funds in the US lost an estimated $24 billion in assets last year, the overall assets of the top US hedge funds actually rose in 2007 by more than 33%. JP Morgan topped the list with total assets under management of $44.7 billion dollars. JP Morgan [...]
Laurus-Valens Plucks MD From A.G. Edwards
Laurus-Valens, a New York-based firm specializing in hedge funds that make private investments in publicly traded small and microcap stocks has hired a managing director from A.G. Edwards. These private transactions typically give the Laurus funds warrants for the right to purchase stock at a discount to market prices. The funds seek double digit returns [...]
Top 100 Hedge Funds
Angelo Gordon, John Angelo and Michael Gordon AQR Capital Management, Clifford Asness Appaloosa Management, David Tepper and Jack Walton Atticus Capital, Timothy Barakett, David Slagger Avenue Capital, Marc Lasry, Sonia Gardner Bessent Capital, Scott Bessent Blackstone (Kailix Advisors), J Tomlinson, Bruce Amlicke, Halbert Lindquist Blue Ridge Capital, John Griffin Blue Mountain, Andrew Feldstein, Stephen Siderow, [...]