Hints and tips:
...Two Sigma Investments and DE Shaw, two of the biggest names in the hedge fund industry, have posted losses after an army of retail investors on Reddit upended markets....
...industry....
...Instead Hertz was forced to take a $1.65bn loan with an interest rate approaching 10 per cent. ‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...And since class-action suits against securities companies are not allowed under US law, the trial lawyers have lost interest....
...New York City’s investment in hedge funds — $1.5bn in well-known firms such as DE Shaw and Brevan Howard — does not matter much for an industry that manages $3tn of assets....
...Trilantic V North America is the company’s first fund after rising from the ashes of Lehman’s merchant banking unit four years ago....
...Dattaraj V. Salgaocar (V. M. Salgaocar Group) Harsh Pati Singhania (J.K. Organisation) Krishen Sud (Sivik Global Healthcare, Inc.)...
...It seems like a very difficult case to us, not to mention rather embarrassing for the industry....
...Mr Vernon, who is the ‘v’ in Brevan, intends to “pursue other interests”. Of the five founding partners, Jean-Philippe Blochet left in November 2009 to join Moore Capital....
...Shaw Group and PIMCO, in supporting CME Group’s OTC CDS initiative....
...LLC; Carlyle Investment Management L.L.C.; Blackstone Capital Partners V L.P.; Centerbridge Capital Partners, L.P....
...Although for credit cards the rate is higher, at 7 to 9 per cent, companies charge heftier interest rates to offset the increased risk of default....
...The move had been triggered by a SFr150m (£62m) first-quarter loss on US subprime mortgage investments But on the whole the increasing interest of investment banks reflects a growing institutionalisation...
...“This was not just about getting a good deal in terms of the extremely high price Citigroup paid for Old Lane,” says one hedge fund industry source....
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