Service Providers
Pirate Capital Sees Assets Walk The Plank
July 20, 2007
In addition to recalcitrant portfolio companies, Pirate Capital’s Thomas Hudson has another reason to be angry this month: recalcitrant investors.
Investors withdrew roughly half its remaining assets on Jun. 30, leaving the once $2 billion fund with just about $400 million, Hedge Fund Alert reports.
Leading the departures was fund of funds shop GAM, which alone accounts for as much as $300 million of the withdrawals.
- Share:
-
-
-
-
-
-
-
-
-
-
Print This
Send This
ReprintsMore News
- Insparo Adds Africa Marketer-Manager
- Madoff Trustee And His Law Firm Seek Another $22 Million
- EIP Opens Alelph Fund To Outsiders
- Citadel Nabs First Bond Underwriting Gig
- Citi Pulls Seed Funding From Credit Hedge Fund
- Pharos Financial Launches Agriculture Fund
- SAM Capital Names COO, Targets U.S. Investors
- Millennium Vet To Launch Commodity Fund In Jan.
- Paulson Gold Fund Features Lockup, $10M Minimum
- Jupiter Gives Hedge Fund Investors An Out
- Thames River Plans Fund Of Absolute Return Funds
- Gartmore’s Hedge Fund Biz. Set To Grow
- OppenheimerFunds Settles ‘Hedge Fund’ Lawsuit
- J O Hambro Investors Annoyed About Hedge Fund Liquidation
- UBS Taps Ex-ICAP, Citi Salesman To Head Hedge Fund Sales Team
Sign Up For FINalternatives
Upcoming Events
This Week's Most Viewed
Guest Contributor
Dynamic Decisions Case: Are Feeder Funds Benefiting By Calling It Fraud?
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
- Part I: Hedge Fund Due Diligence -- Insider Trading
- Mandatory Forex Registration Looms Large
- Leveling the playing field? House Committee Approves SEC Registration For Some Private Fund Advisers, Exempts Others
More guest contributors
Cleantech Corner
Ireland Launches $40 Million Seed Fund
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...
- Report: World’s Biggest Firms Still Bullish on Cleantech
- New Private Equity Firm To Focus On Cleantech Sector
- Soros Announces $1 Billion-Plus Commitment To Clean Energy
More Cleantech
