Sowood Capital is a Boston based hedge fund that lost 50% of its capital in the credit market turmoil of July 2007. Jeffrey Larson, the founder, worked for 12 years at the Harvard Management Company, the organization responsible for managing some of the business affairs of Harvard University. Harvard had seeded Larson with $500 million. Losses from the collapse were about $1.5 billion. Chicago-based hedge fund Citadel LLC bought out Sowood's position and made hug… WebA hedge fund egy kevéssé szabályozott befektetési alap, amely jellemzően csak szűk körű; olyan vagyonos befektetők részére elérhető, akik a tőke arányában vett fix díjon felül gyakran sikerdíjat fizetnek az alap menedzserei részére.. A hedge fund-ok lazább szabályozásukra és zártkörűségükre tekintettel sokkal komplexebb, egyedibb, és gyakran kockázatosabb ...
Sowood: The Next Likely Credit Hedge Fund Blow-Up
Web30. júl 2007 · Hedge fund Citadel Investment Group, LLC said on Monday it took over Sowood Capital's credit portfolio after the smaller fund suffered heavy losses that … Web30. júl 2007 · Sowood is based in Boston and run by Jeffrey Larson. Mr Larson left Harvard Management Company, which runs Harvard’s $30bn endowment, in 2004 to set up Sowood. minerals found in the great dyke
Sowood Capital - Wikiwand
Web15. dec 2008 · Larson eventually left HMC to start Sowood hedge fund with hundreds of millions of dollars of Harvard alums' donations. Sowood was one of the first hedge funds to blow up during the subprime mortgage derivatives crisis. Dr. Mack communicated with Summers' office regarding such derviatives trades. Perhaps, she could have saved … Web31. júl 2007 · Sowood Capital Management told its investors that the hedge-fund firm suffered dramatic losses of more than 50% this month and that it will wind down its two … WebSowood closed up shop last July after losing $1.6 billion of investors money, in what resulted in one of the biggest hedge fund debacles to date. The new hedge fund is … moses lake wa to portland oregon