Hedge funds

The ideal copy

A series of hedge fund redemptions in the third quarter of 2008 have alerted investors to just how illiquid these investments can be. Add in the restrictions that some of funds have placed on withdrawing cash, and it is easy to see why structured…

Q&A: Asset-based lending funds

Now that many traditional lenders are tightening their lending criteria, is an opportunity arising for asset-based lending funds to fill this gap? Credit speaks to leading ABL managers to find out. Answers by Josh Zegen of Madison Realty Capital, David…

An absorbing business for credit hedge funds

Analysts predict there will be a wave of consolidation in the credit hedge fund sector as battered funds look for ways to survive the market turmoil. Already a number of smaller managers have had to bow to the inevitable and merge with larger players…

Traders get a taste for pick and mix

Relying exclusively on third-party applications for trading, pricing and risk management of mortgage-backed and other asset-backed securities does not make sense for all buy-side firms. Alternative investment manager Highland Financial Holdings Group has…