Saturday, 30 August 2014
Last updated 18 hours ago
Aug 11 2011 | 1:27pm ET
Another hedge fund has said it will formally object to Lehman Brother's bankruptcy exit plan, which was crafted to win the support of other hedge funds.
Mason Capital plans to file an objection to the settlement Lehman reached with its largest creditors, including Paulson & Co., in June, the Financial Times reports. In doing so, it will join a group of distressed-debt hedge funds, including Centerbridge Partners, in fighting to scupper to the proposed settlement, which would have begun paying creditors early next year.
A federal bankruptcy judge in New York will hear arguments on whether he should reject the plan next month.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...