Alden Funds Down Between 13% And 14%

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.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 

From the current issue of