Tisbury To Shutter U.S. Biz

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.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note