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

Fri Apr 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,...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI