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Harbinger Capital imposes limits on withdrawals Harbinger Capital, the activist US hedge fund that shot to fame in 2007 with a lucrative bet against subprime mortgages, has joined the list of funds restricting withdrawals for investors FT.comInvestors back Peloton founder Geoff Grant, co-founder of the failed Peloton Partners hedge fund, has launched another fund in the latest example of how quickly investors can forgive managers FTRescue bid for builder A takeover offer for McCarthy & Stone has been made by a group o finvestorsf which would inject £60m of new funds FT.comRupee falls 26 paise against dollar : The Indian rupee on Monday by 26 paise against the US dollar in early trade owing to heavy capital outflow by foreign funds The Times Of IndiaHedge Funds Are Losing Their Fervor for IPOs As more hedge funds face investor withdrawals or close their doors, the typical IPO investor base in the future is expected to be weighted more heavily toward mutual funds. CBC.caHedge fund plan splits opinion Steel Partners' radical idea to convert to a listed company may not be good for investors who will only be able to sell shares in the market - possibly at a steep discount to net asset value - preventing capital from leaving the fund (PDF) FTObama team, Dems talk bailout funds U.S. Senate Democrats who met with members of President-elect Barack Obama's economic team were optimistic about plans to spend the remaining $350 billion in Troubled Asset Relief Program funds. Lawmakers have expressed unhappiness with the way Treasury made few strings attached to the $350 billion allocated to banks so far and the lack of tracking mechanism. CNNObama team, Dems talk bailout U.S. Senate Democrats who met with members of President-elect Barack Obama's economic team were optimistic about plans to spend the remaining $350 billion in Troubled Asset Relief Program funds. Lawmakers have expressed unhappiness with the way Treasury made few strings attached to the $350 billion allocated to banks so far and the lack of tracking mechanism. CNNQuick tapping of unspent $350 billion in works WASHINGTON (AP) -- Senate Democrats prepared Sunday to answer a request for the remaining $350 billion in financial industry bailout funds as the Bush administration and President-elect Obama undertook a tag-team effort to obtain the money from reluctant lawmakers.... The Arizona RepublicKPCL identifies locations for wind power projects Karnataka Power corporation limited (KPCL), the state-owned power producer, is signing two separate memoranda of understanding (MoUs) with public sector power giant, National Thermal Power Corporation Business Standard1 2 3 |
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