Monday, 30 November 2015
Last updated 2 days ago
Jul 3 2012 | 1:20pm ET
Elliott Management has sold its MF Global debt and resigned from the bankrupt futures brokerage's creditors committee.
Elliott's move comes after it successfully won the right last year to both sit on the committee and continue to trade MF Global securities. But it has sold its position, indicating that there remains an active market for the collapsed firm's debt.
The hedge fund has been replaced on the creditors committee by JE Meuret Grain Co.
MF Global went under in October due to its exposure to European debt.
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…