Second Basis Hedge Fund On The Brink

Sep 27 2007 | 12:54pm ET

Last year, it was Australian hedge fund of the year. This year, Basis Capital can’t stop the bleeding.

The Sydney-based hedge fund manager said yesterday that its Aust-Rim Fund—the only one of its funds not currently seeking bankruptcy protection—is down about 50% this year after a disastrous summer.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…