Prime Brokerage Space Sees New Tier, New Entrants
Dec 22 2009 | 8:25am ET
The past 18 months has been tumultuous for the prime brokerage industry. On Sept. 15, 2008, the day Lehman Brothers filed for bankruptcy, hedge funds woke up to the fact that their assets could actually be frozen if a large bank failed. The practice of using multiple prime brokers and having several custody relationships took on new urgency. Hedge funds began to reevaluate their existing prime brokerage relationships en masse.
Related Links
More News
- Gupta Trial Delayed As Sides Squabble Over Charges, Evidence
- Bloomberg: Hedge Funds Up Just 0.2% In Jan.
- Lazard Launches Low-Minimum Fund Of Funds
- New Charges In Hedge Fund Insider-Trading Case
- Goldman, Tudor Vets Ready Global Macro Hedge Fund Launch
- Phony Hedge Funder Gets Eight Years
- Holwell Says Rajaratnam Trial 'Challenging'
- Coatue's Rangwalla To Launch Own Hedge Fund
- Eze Castle Promotes Company Vet TO CFO
- Hennessee: Hedge Funds Up 2.51% In January
- Q&A: Bringing Hedge Fund Strategies To The Mutual Fund World
- HFR: Hedge Funds Add 2.6% In January
- Hedge Funds Redeem $5B In December '11
- Atticus Vets Shutter Hedge Fund
Top Hedge Funds Rise In January
In Depth
Q&A: Bringing Hedge Fund Strategies To The Mutual Fund World
Feb 8 2012 | 9:31am ET
Direxion president and CIO Dan O’Neill says portfolio diversification is about...
Lifestyle
Claren Road's Fahey Faces Celebrity Uproar Over Planned Malibu Home
Feb 2 2012 | 2:37am ET
Claren Road Asset Management co-founder Sean Fahey isn't doing much to endear...
Guest Contributor
The S.E.C. Says the Game Has Changed, And So Must Senior Management
Feb 2 2012 | 6:15am ET
On January 31, the SEC held an all-day conference to deliver a clear message: CEOs...
Upcoming Events
Most Popular
Service Providers
Publisher's Note
Occupy GAIM Fizzles
Jan 23 2012 | 11:26am ET
South Florida’s version of Occupy Wall Street—Occupy Palm Beach Country—is staging what I’ve been told is a less-than-impressive protest outside the GAIM conference site. Read more…
- Follow Us
- Send us News Tips!
2006-2012 FINalternatives is an information service of Stone Street Media, LLC.