Thursday, 28 August 2014
Last updated 4 hours ago
Oct 2 2008 | 10:40am ET
A prominent activist hedge fund has suspended redemptions in an effort to skirt an asset fire sale.
The Wyser-Pratte Euro Value Fund, managed by prominent activist and arbitrageur Guy Wyser-Pratte, has barred withdrawals, effective immediately.
The fund’s directors told investors that the move was made after consultation with Wyser-Pratte in an effort to protect the value of its investments.
“All reasonable steps will be taken to bring the period of suspension to an end as soon as possible,” the fund said.
The US$500 million fund, which targets medium-sized companies in Europe, is managed by Wyser-Pratte from New York.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...