Tuesday, 7 July 2015
Last updated 10 hours ago
Dec 21 2007 | 11:01am ET
The Carlyle Group’s foray into hedge funds is not going as planned. The firm’s Blue Wave hedge fund suffered another big monthly decline in November, and is down almost 15% year-to-date.
Blue Wave was hurt last month by continuing credit market losses. The fund, which has received some $150 million in new commitments, declined by 6% last month, Bloomberg News reports. It managed $690 million at the beginning of October.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…