Candover, the private equity group, has agreed with its investors to suspend the â?¬3bn fund it raised last year, freezing new investments and reducing its management fees.
After the US Treasury changed the rules of its $1,000bn toxic assets plan, hedge funds and small fund companies could get government loans to buy troubled securities from banks.
A UK court has frozen more than $100m worth of assets belonging to Stanford International Bank (SIB) as US regulators ramp up their efforts to track how funds flowed between the complex web of international companies formerly controlled by Sir Allen Stanford.