Thursday, 26 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…