Troubled Blue River Sets Conference Call

Mar 10 2008 | 9:56am ET

Blue River Asset Management, the Colorado hedge fund battered by the plunging municipal bond market, is set to speak with investors on Wednesday.

The firm will hold a conference call, Reuters reports. Investors last month pumped $100 million in new cash into the fund, helping it stave off disaster. JPMorgan helped arrange the bailout, which included both new and existing investors.

Last week, JPMorgan said Blue River would seek to add even more new cash to its troubled fund.

RELATED ARTICLE:


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of