Publicly Traded Hedge Funds – Appearance of a Scam

By on August 7, 2008

The dismal performance of publicly traded hedge funds Blackstone Group, Och Ziff Capital Management, Fortress Investment Group and GLG Partners over the past year place in question what investors are paying for. It appears to be the manager’s yachts, because it certainly is not for superior investment returns.

Sources:
http://www.marketwatch.com/news/story/story.aspx?guid=%7B2CB6EF4E%2D4EDC%2D4425%2D861F%2D3CE1931A3768%7D

http://blogs.wsj.com/deals/2008/08/06/mean-street-fortress-blackstone-alternative-asset-management-means-the-jokes-on-you/
***

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>