Lehman Buys Stake In Spinnaker

Jan 31 2007 | 10:15am ET

Lehman Brothers is getting in on the hedge fund shopping spree.

Just months after rival Morgan Stanley bought stakes in four hedge fund firms, Lehman is buying a 20% share of $5 billion London emerging markets hedge fund Spinnaker Capital Group. The firm said it expects to boost its stake in Spinnaker even further, to 25% by the end of the year.


In Depth

Q&A: Energy Expert Peter Fusaro Sees Lull In ‘Green’ Investing, Urges Patience

Mar 19 2010 | 1:29pm ET

Two year ago cleantech, or green, investing was the strategy du jour....

Lifestyle

Cohen Pays $110 Million For Famed Painting

Mar 19 2010 | 9:50am ET

SAC Capital Advisors founder Steven Cohen has bought on of Jasper John’s famed...

Guest Contributor

Post-Crisis: Hedge Funds, Custodial Risk And Prime Brokers

Mar 16 2010 | 6:45am ET

Just a few years ago prime brokers viewed hedge funds as their main...

 

Upcoming Events

Most Popular

Service Providers