June 2010
June 29, 2010
Marc Lasry’s Avenue Strategic Partners dropped 1.79% in May yet remains positive on the year, returning 3.43% in 2010. The fund is invested York, Glenview, Marathon and Gracie Capital, among others.
June 29, 2010
Jamie Dinan’s investments in General Motors, Xerox and eye-care company Alcon contributed to a negative month in May for the $1.2 billion York Select fund, while a stake in Chrysler provided profits.
June 18, 2010
Bob Treue’s fixed income arbitrage shop, which returned 132% in 2009, suffered its first down month in a year and a half.
June 15, 2010
Tiger cubs howl and Third Point loses some edge.
June 03, 2010
Jaffray Woodriff’s firm has lost 16% of its assets since January 1, largely due to poor performance in May across its Global Program funds. May 20 was particularly bad. Said QIM president Michael Geismar: “It was one of the worst days we’ve ever had.”