• Banks

    Gleacher-less Gleacher Gives Up

    Having ceased to have a Gleacher in the house, and having ceased to be an […]

    / Mar 14, 2014 at 2:24 PM
  • News

    Dexia Liquidation Plan Foresees A Dexia In 12 Years

    Dexia almost collpased more than a year ago. But it’ll still be around in 2025, according to its wind-down plan.

    / Jan 2, 2013 at 1:20 PM
  • Hedge Funds

    BlueGold Capital To Pack It In

    Why, the firm would rather not say at this time.

    BlueGold Capital, an oil-focused hedge fund that shot to fame in 2008 by calling the peak of the market, told its investors on Thursday it was liquidating after four years. BlueGold is conducting an “orderly closure” of the business and expects to return about 98 percent of investor capital before the end of the year, the London-based fund said in a letter to investors, a copy of which was obtained by Reuters. It did not give a reason for its closure…The fund was down 34 percent as of mid-December.


    / Apr 5, 2012 at 2:44 PM
  • News

    Hedge Fund Level Global Is Shutting Down

    The following letter was just sent to investors.

    / Feb 11, 2011 at 10:10 AM