November 22, 2008
Bear Stearns Attempting $3.2 Billion Hedge Fund Rescue
In what would be the biggest hedge fund bailout since 1998, Bear Stearns has offered a deal to several creditors of the less leveraged of its two collapsing hedge funds whereby it will assume $3.2 billion of the fund's debt, according to unnamed sources.
Deutsche Bank to Start Islamic Hedge Fund by June
May 16 (Bloomberg) -- Deutsche Bank AG, Europe's third- largest lender, plans to start its first hedge fund for Muslim investors, shunning investments in alcohol, tobacco and securities that pay interest.
APAC Greater China hedge fund shut down -manager
HONG KONG/SINGAPORE, Nov 10 (Reuters) - The APAC Greater China Fund, a Hong Kong-based hedge fund which at its peak managed $55 million, is being shut down after losing almost 16 percent this year, its manager said on Monday.
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