Australian hedge-fund manager Basis Capital Funds Management Ltd. sought bankruptcy protection for its Yield Alpha Fund after it suffered big losses due to the U.S. subprime-mortgage crisis.
The fund sought Chapter 15 bankruptcy protection in U.S..
Tag - Blackstone
Towergate, Britain's largest private insurance company, is mulling a sale, which could lead to a huge windfall for its founder and chairman Peter Cullum. If a sale does happen, Peter will be on course for an overwhelming £2 billion profit over h
Blackstone Group has finally to some extent lifted the curtain on its secretive investment partnership. In its filing with the U.S. Securities and Exchange Commission for its public share offering revealed that it earned more than $6 billion over.
Instablogs Club
Fresh Comments