July 30, 2010
Hedge Fund Forced to Sell Its Portfolio
Sowood Capital said heavy losses in the credit market had caused the fund to lose more than half its value, prompting it to sell its portfolio to another hedge fund.
PEOPLE: Chelsea Clinton moves to hedge fund
Chelsea Clinton has started working for Avenue Capital Group, a hedge fund that manages about $12 billion in assets, the agency that represents her confirmed Saturday.
New SEC rule could stem hedge fund losses
A rule requiring hedge fund managers to register with the SEC or state regulators is coming too late for investors who lost millions in now-closed West Palm Beach-based KL Group.
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