Team Hedge Fund

“Pensions, endowments and mutual funds cut new commitments to buyout funds by more than 50 percent, according to Preqin, questioning whether firms led by Blackstone Group LP have grown too large to generate the returns that made their founders billionaires. Blackstone, the world’s biggest private-equity company, has dropped 67 percent in New York trading since a 2007 offering, and Fortress Investment Group LLC lost 82 percent. KKR & Co. this month canceled a $500 million stock sale.”
Go to Source

Related posts:

1. Hedge Fund Group Fortress Announces Pricing of RailAmerica, Inc. IPO
2. Why Private Equity is Chasing the next Satellite Dream
3. Private Equity Vs. Hedge Funds All-Star Game
4. Morgan Stanley’s Hedge Fund Division Raises $370 Million For Private Equity Funds
5. Asia Private Equity Hedge Funds To Recieve $200 Million From Texas Retirement Fund