Service Providers
Blue River To Close Muni Fund
March 12, 2008
Sometimes, a bailout isn’t enough. Colorado-based Blue River Asset Management will liquidate its $1 billion municipal bond hedge fund, in spite of the $110 million lifeline arranged by JPMorgan Chase last month.
The firm plans to inform investors about its plan for an “orderly liquidation” today, according to Reuters. What’s left of the fund’s capital will be returned to investors.
The money raised from new and existing investors by JPMorgan will not go to waste: Blue River is planning a new domestic fund in order to stay in business.
- Share:
-
-
-
-
-
-
-
-
-
-
Print This
Send This
ReprintsMore News
- Steel Wins Dismissal Of Icahn Bid To Block Restructuring
- Madoff Lieutenant Moved To Suburban Jail
- Jupiter Puts New Star Hire On Top Fund
- Dynamic Decisions Case: Are Feeder Funds Benefiting By Calling It Fraud?
- Alleged Pequot Tipster Said Samberg Sought Insider Information
- Odey Cuts Back On Stocks After Big October Loss
- Petters Takes The Stand, Points Fingers
- Oaktree In $250 Million Bond Sale
- Harbinger Sells Off More Times Shares
- Gartmore Set To Float on LSE In December
- List Of New Goldman Sachs Managing Directors
- Buy-Side Traders Fear ‘Unintended Regulatory Consequences’
- Touradji Blames ‘Disgruntled’ Ex-Employees For Amaranth Lawsuit
- Phibro Seeks Hedge Fund Investors As Sale Nears
- Bank Break-Up Rule Would Apply To Hedge Funds
Sign Up For FINalternatives
Upcoming Events
This Week's Most Viewed
Guest Contributor
Dynamic Decisions Case: Are Feeder Funds Benefiting By Calling It Fraud?
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
- Part I: Hedge Fund Due Diligence -- Insider Trading
- Mandatory Forex Registration Looms Large
- Leveling the playing field? House Committee Approves SEC Registration For Some Private Fund Advisers, Exempts Others
More guest contributors
Cleantech Corner
Report: World’s Biggest Firms Still Bullish on Cleantech
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...
- New Private Equity Firm To Focus On Cleantech Sector
- Soros Announces $1 Billion-Plus Commitment To Clean Energy
- Ambienta Raises $317 Mil. Environmental Fund
More Cleantech
