Facing losses, Farallon rejigs to emphasize credit

Tue Aug 26, 2008

Tom Steyer's Farallon Capital Management, which has had trouble finding its footing in this year's rocky markets, has made organizational changes to refocus on credit, particularly distressed assets.

The move comes amid losses and redemptions at Farallon, whose flagship multi-strategy Farallon Capital Offshore Investors declined 2.53% in July and is off about 12.5% for the year so far, according...

ISSN: 2151-1845 / CDC10004H


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

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


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

Subscribe now

Popular Searches on HFI