Thursday, 21 August 2014
Last updated 8 hours ago
Nov 15 2007 | 7:41am ET
The Carlyle Group’s first hedge fund has reportedly run into trouble, and is facing redemption requests.
Carlyle-Blue Wave Management Partners has been burned by bad credit trades, and has not reached its specified goal of raising $1 billion, Reuters reports, and investors are seeking their money back.
Carlyle-Blue Wave was launched in the spring by former Deutsche Bank traders Ralph Reynolds and Richard Goldsmith, with former Amaranth Advisors credit trader Scott Davidson handling its credit strategies.
Washington, D.C.-based Carlyle says it continues to invest the $700 million the fund has collected.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note