Der nächste Dominostein: Drake Hedge Fonds mit 12 Mrd ist dran (mT)

Jetzt endlich fangen die Hedge-Fonds an zu fallen, damit hatten wir ja schon eigentlich im Sommer 2007 gerechnet:

Nach Carlyle jetzt Drake:

http://www.ft.com/cms/s/0/a1dd9774-f069-11dc-ba7c-0000779fd2ac.html

Crisis hits Drake hedge funds

Another three big hedge funds have been forced to close down or to suspend investor withdrawals as the credit squeeze persists, also plunging several other funds into crisis. Drake Management, a $12bn New York manager, wrote to investors in three of its hedge funds – the Global Opportunities, Absolute Return and Low Volatility funds, which have about $6bn between them - on Wednesday offering to wind them up after about half requested their money back. Writing on FT Alphaville, the FT’s James Mackintosh says investors are asking whether Drake co-founder Anthony Faillace, the feted former Pimco manager, is “a genius caught out by irrational markets, or a stubborn gambler who wouldn’t close out failed trades”. It also emerged that Blue River Asset Management, a US hedge fund manager, will shut its main fund after nearly 80% losses and GO Capital, an Amsterdam hedge fund, would block withdrawals.