Whitebox suspends redemptions

Fri Oct 24, 2008

Whitebox Advisors has suspended redemptions from most of its hedge funds to protect investors from the potential damage that could be caused by prime brokerage margin increases.

Earlier this month, one of Whitebox’s prime brokers, Goldman Sachs, doubled the margin requirements for the firm’s convertible bond...

ISSN: 2151-1845 / CDC10004H

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