Home >> Absolute Return >> Archive - Landing Page >> Deephaven posts first quarter loss of $4.1m; drags down Knight Capital

Deephaven posts first quarter loss of $4.1m; drags down Knight Capital

April 18, 2008  



Deephaven Capital Management posted a first quarter loss of $4.1 million, dragging down the performance of its 51% owner Knight Capital Group, though the broker’s trading gains outweighed Deephaven’s losses.

The $3.5 billion hedge fund firm’s losses stemmed from the poor performance of a number of its portfolios and the resulting closure of its on- and off-shore U.S. event-driven funds,...

TAKE A FREE TRIAL

The full contents of this article are available to active AR subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in to AR.

Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now



  1. Market wizards or masters of mirage? Noted authors Schwager, Lack and Drobny to discuss at Symposium
  2. Investable indices are distorting commodities and futures
  3. Valiant Capital founder Chris Hansen: Free beer for Seattle arena deal
  4. Looking back on Elliott's enlargement and a potential pair of prop desk launches
  5. Michael Geismar’s $710,000 blackjack breakfast

Popular Searches on HFI