Saturday, 30 May 2015
Last updated 9 hours ago
Feb 8 2008 | 12:00am ET
British hedge fund Tisbury Capital is closing its U.S. operation due to “underperformance.”
Tisbury’s Boston office, which opened just last year, employed 12. The U.S. arm was battered by several busted event-driven trades, most notably the failed leveraged buyout of credit-card issuer Alliance Data System, The Wall Street Journal reports.
Tisbury’s European operations remain strong, the Journal adds.
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…