Friday, 30 January 2015
Last updated 1 hour ago
Sep 7 2011 | 11:46am ET
Add Alden Global Capital to the list of August's hardest-hit hedge fund casualties.
New York-based Alden's Value Recovery Fund lost 13.9% last month and its Distressed Master Fund dropped 13%, Reuters reports. The former is now down 15.2% on the year and the latter 18.8%.
Alden manages between $3 billion and $4 billion.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…