The partners of Emerging Sovereign Group LLC (ESG) have agreed to buy back the majority stake in the emerging markets-focused hedge fund manager that was acquired by Carlyle Group LP in 2011, Carlyle said on Wednesday. ... Its remaining hedge fund.
In the summer of 2015, active management really started to struggle and on average, alpha turned negative,” said Kent Clark, managing director and head of the hedge fund strategies practice within Goldman Sachs Asset Management , New York. “By the.
Those bonds, purchased by hedge funds and asset managers such as Altair Global Credit Opportunities Fund, Oaktree Capital Management and Claren Road Associates Management in 2008, are secured by a lien on the contributions paid into the ERS by the.
The funds, which include Altair Global Credit Opportunities Fund along with funds from Oaktree Capital Management and Claren Road Associates Management , sued Puerto Rico's then-governor after he ordered the government to hold onto money the.
The newly elected treasurer, who has a CPA, ran on a promise to lower the fees that the pension plan pays to investment managers by $100 million. ... Poor performers included Claren Road Asset Management , Markstone Capital Group, and Relational.
Claren Road Asset Management LLC plans to return about $650 million by the regular October payout date for redemption requests made in the third quarter, people familiar with the firm said. The firm intends to hand back the remaining $1.3 billion of.
The investment losses at Claren Road Asset Management LLC came as all three of the hedge-fund firms Carlyle bought majority stakes in over the past few years—including Emerging Sovereign Group LLC and Vermillion Asset Management LLC—suffered .
Claren Road Asset Management disclosed yesterday a new position in Canadian Solar Inc. (NASDAQ:CSIQ). The hedge fund, managed by Brian Riano, John Eckerson, Sean Fahey and Albert Marino, declared holding 3.2 million Common Shares, which account for.
Investors in Carlyle Group CG -1.16% LP's Claren Road Asset Management asked to withdraw nearly $1 billion in the fourth quarter, according to people familiar with the matter, the latest in a string of setbacks for the hedge-fund firm. The $950 million.
However, the Setter report doesn't reflect recent market turmoil that has led several hedge fund operators, including Claren Road Asset Management , Lion Eye Capital and Warwick Capital, to suspend redemptions or otherwise restrict withdrawals.
The slew of charges came from losses in its commodities hedge fund, Vermillion Asset Management, and a $25 million expense the firm incurred when selling its ownership stake in another hedge fund business, Claren Road Asset Management . Carlyle also.