leverage news from FierceFinance
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Just how unique is Goldman Sachs?
Breakingviews.com strikes a note that we've hit on recently: Goldman Sachs has separated itself from its peers. While Goldman has remained extremely competitive, a lot of good companies are stumbling Read more...
Another hedge fund in trouble?
Pardus Capital Management, a New York hedge fund, became the latest to halt redemptions, according to Financial News Online. The twist here is that the fund was not a credit fund--and it used no Read more...
Does the use of multiple prime brokers boost risk?
Although most hedge funds use more than one prime broker, the question remains: Does this pose any problems for investors? The Financial Times reports that the GAO is concerned that when information Read more...
Smart money on small buyout firms?
The big boys in the private equity game are struggling a bit, but not so much for the little guys. Smaller private equity firms have been chugging along. They generally rely on leverage less to close Read more...
Behind the Bear Stearns hedge fund fiasco
The implosion of Bear Stearns is still making news. Business Week Online has taken a close look at confidential financial statements and has concluded that the funds were virtually built to crumble Read more...
The upside changes to private equity deal making
Most people assume that the credit crunch has given private equity firms a strong punch right in the gut. Short-term that appears to be the case. Just look at the stock of the Blackstone Group. But Read more...
Hedge fund woes spreading to art market?
One chuckles to think of hedge fund managers as patrons of the arts. But they were certainly huge buyers in the boom times. Prestige works became huge status symbols, and the market really soared. Read more...
The big, big picture: the on-going credit crunch
Business Week Online has weighed in with a big story on the Read more...
Hedge fund contagion at work?
The notion that hedge funds are a bit too correlated with each other has been dogging the industry for years. Read more...
Banks also look askance on credit as collateral
Hedge funds typically rely on their prime brokers for leverage, all of it in some cases. But there are times when an additional source of liquidity is necessary--this is one of those times. Prime Read more...