Aussie Hedge Fund Firm Halts Redemptions

Dec 23 2008 | 8:52am ET

Sydney, Australia-based HFA Holdings said it has suspended redemptions on three funds of hedge funds with immediate effect, citing “deteriorating liquidity in underlying investments.”

The firm said in a statement it had frozen redemptions from the HFA Diversified Investments Fund, the HFA Octane Fund, and the HFA Octane Fund Series 2.

Through its subsidiaries, HFA Asset Management and U.S.-based Lighthouse Investment Partners, the firm has in excess of US$6 billion in total assets.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...