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Stories Archive, DEC, 2008


22-12-2008  

Up to 40% of private equity groups may fail
The deepening economic crisis could see up to 40 per cent of...

19-12-2008  

SVG Capital seeks £200m from investors
SVG Capital, which is the largest investor in funds run by Permira, the...

19-12-2008  

Credit Suisse plans new compensation scheme
Under the plan, Credit Suisse is to give its top bankers shares in a new...

17-12-2008  

Dreier law firm files for bankruptcy
The law firm Dreier LLP yesterday filed for bankruptcy protection after...

17-12-2008  

SEC admits failures in Madoff case
U.S. Securities and Exchange Commission Chairman Christopher Cox said...

15-12-2008  

Apollo and Huntsman reach agreement on breakup fee
Apollo Management LP, the private- equity firm, agreed to pay $700m to...

15-12-2008  

List of names exposed to Madoff's alleged 'Ponzi Scheme' widens
Below is a list of the names rumoured or confirmed to have exposure to...

12-12-2008  

BOA plans to cut 35,000 jobs
Bank of America Corp., the third-largest U.S. bank, said yesterday that...

12-12-2008  

Madoff admitted fraud to employees
Bernard Madoff had confessed to employees that his investment advisory...

11-12-2008  

GMAC may drop plan to become bank holding company
GMAC said it could drop its attempt to become a bank holding company...

09-12-2008  

Tozai shuts down business
Tozai Investment Advisory Ltd., a Tokyo-based hedge fund adviser, is...

08-12-2008  

Citadel closes Tokyo office
Citadel Investment Group LLC will close down its Tokyo office and Asian...

05-12-2008  

Dubai property bubble bursts
The classified ads in Dubai read like an obituary for a real-estate...

04-12-2008  

Augustus hedge fund doubles assets under management
Fund firm Augustus Asset Managers said that assets under management in...

04-12-2008  

Fortress, DE Shaw, Farallon suspend redemptions
Fortress Investment Group, the listed private equity and hedge fund...

04-12-2008  

Neuberger managers buy Lehman asset management unit
Neuberger Berman and other asset management operations of the bankrupt...

03-12-2008  

Man Group CEO says banks more leveraged than hedge funds
Peter Clarke, CEO of hedge fund manager Man Group Plc said on Tuesday...

02-12-2008  

Tudor BVI halts withdrawals
Tudor Investment Corp. plans to split its $10bn BVI Global Fund into two...

01-12-2008  

Actis raises $2.9bn for new fund
Actis announced that it had raised $2.9bn for its new private equity...

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