Tuesday, 2 September 2014
Last updated 3 days ago
May 24 2013 | 10:38am ET
Argentine authorities have raided a factory owned by a U.S. billionaire and hedge fund manager battling the country over its 2001 default.
More than 50 agents of Argentina's federal tax agency searched the Buenos Aires factory of Dart Sudamericana, which makes foam drinking cups. Dart co-owner Kenneth Dart's hedge fund, EM Limited, is among the holdouts from the default 12 years ago, seeking US$700 million, the tax agency noted in a statement.
Dart, Elliott Management and other holdouts, along with Argentina, are awaiting a federal appeals court decision on whether the country has to pay the holdouts in full.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...