American Realty Capital Trust, under chief executive Nicholas Schorsch, plans to sell up to 150 million common shares, raising as much as $1.5 billion.
Turmoil in the credit markets will take a big bite out of hedge fund managers' bonuses this year, according to a report.
Hedge funds lost 1.31% in August, marking the first negative returns since July 2006, according to HFR.
It’s only nine in the morning on this late-July day, but Tom Ensign’s white dress shirt is already blotted with dark circles of perspiration. Mr. Ensign, president and chief executive of Provest Management Group, is standing on a football field under a blazing-hot sun, which still is rising in a cloudless blue sky. The pungent smell of earth and grass hangs languidly in the hot, thick air.
Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
Hedge funds overall experienced outflows of $32 billion in July, according to data from the TrimTabs/Barclay Hedge Fund Report.
A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
New York City houses the bulk of the investment banking industry, but it holds second place when it comes to weekly pay.
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
London & Capital Investment Advisors Inc. of Miami, the U.S.-based unit of London & Capital PLC, today announced its plan to launch a range of alternative absolute return investment strategies.
Shaky market conditions in August bit off 8% of Tudor Investment Corp.’s Raptor Global Fund, according to Reuters.
The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.
Purchases of existing homes in the Unites States slipped 0.2% in July, the fifth consecutive monthly decline, according to the National Association of Realtors.
Major losses at prominent hedge funds are causing pension fund managers to second guess hedge fund investments.
S.A.C. Capital Advisors, the world's most expensive hedge fund manager, joined the majority of hedge funds that lost money in the first two weeks of August, posting a 6% drop in its multi-strategy fund, according to an investor.
A federal judge refused to allow investors to seize the assets of two hedge funds of Bear Stearns' for 10 days, but indicated he is considering lifting the funds' U.S. bankruptcy protections.
Blackstone Group claims its yearly tax tab would increase by $525 million under legislation proposed in the Senate.
