Saturday, 28 November 2015
Last updated 23 hours ago
Jan 7 2014 | 1:58am ET
Hedge funds' leverage levels held steady in the three months to November, according to a Federal Reserve survey of banks.
The Fed said that "responses to the core questions generally suggested little change over the past three months." The central bank polled 22 Wall Street banks between Nov. 19 and Dec. 2 to learn about lending conditions from September through November.
While the lending environment for hedge funds and pension funds remained unchanged, the Fed did say that one-third of respondents saw a decline in leverage at real-estate investment trusts during the period.
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…