Thursday, 18 September 2014
Last updated 43 min ago
Jun 1 2010 | 3:49pm ET
Early estimates show that David Einhorn's Greenlight Capital Offshore hedge fund not only held steady in May, but managed to return 0.3% net of fees and expenses during the month—which was one that saw many of Einhorn's peers suffer.
The May gains bring Greenlight Capital Offshore up 0.9% year-to-date, according to an investor letter obtained by Wall Street Tabloid Dealbreaker.
Also in May, Greenlight Capital added a gold share class to its flagship hedge fund. The New York-based firm raised $131.1 million in a private offering of limited partnerships in the new share class. Most of that money went into the onshore Greenlight Capital (Gold), which attracted 29 investors, while Greenlight Capital Offshore (Gold) took in $2.6 million from four investors, according to regulatory filings.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.