Listed litigation funders scramble to avoid Burford contagion August 8, 2019 Listed litigation funders have distanced themselves from Burford Capital today, after a short seller attack yesterday sent Burford’s shares on a rollercoaster ride. Manolete Partners and Litigation Capital Management (LCM) today pointed out how their models differ to Burford’s after their shares fell steeply yesterday in reaction to the short-seller attack on Burford. Activist Muddy [...]
Tetragon buys hedgie Polygon October 29, 2012 Tetragon Financial Group yesterday bought Polygon Management, once one of the world’s biggest hedge funds and a high-profile casualty of the financial crisis, for $98.5m (£61.4m), to expand its asset management business. Tetragon said it will use 11.7m of its non-voting shares to buy Polygon, founded in 2002 by Paddy Dear and Reade Griffith, as [...]
Speculation is driving the price of oil October 21, 2009 OIL’S break through to $80 per barrel earlier this week was attributed to yet another bout of dollar weakness in forex markets, or a strong gasoline inventory draw-down in the US. But looking at the truly fundamental factors – the Organisation of the Petroleum Exporting Countries’ (Opec) spare production capacity standing at a whopping 5.5m [...]