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August 31, 2007

Gerken Capital Associates Announces September 1, 2007 Launch of GCA Latam Hedge Fund

Gerken Capital Associates, the San Francisco-based alternative asset manager which manages/advises $1.4 billion, announced the launching of OCA LATAM Hedge Fund.

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Hedge fund files for bankruptcy

AccountancyAge.com, Accountancy Age , Friday 31 August 2007 at 00:00:00 Credit market upheaval claims Australian hedge fund Basis Yield Alpha Fund, a £50m hedge fund, has filed for Chapter 11 Bankruptcy protection after being hit by rising mortgage defaults . > Read the full article

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August 30, 2007

Basis Capital hedge fund fails

Basis Capital's Basis Yield Alpha Fund put into provisional liquidation, and investors in the Sydney hedge fund appear unlikely to get their money back.

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Activist Hedge Fund Lays Into PDL BioPharma

The activist hedge fund inks a letter calling for the departure of the company's chairman.

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Australian hedge fund goes under

An Australian hedge fund has become the latest casualty of the upheaval in the credit markets, filing for bankruptcy in New York.

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