Monday, 3 August 2015
Last updated 4 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…