You have to figure it’s tough for hedgies to make a profit. Perhaps the most surprising aspect of the news that sports radio host Craig Carton was allegedly running a ticket-selling Ponzi scheme is that he reportedly duped Brigade Capital — an $18 billion fund named firm of the year by the Absolute Return Symposium...
NYS Entity Status
NYS Filing Date
JULY 02, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2014 - BRIGADE CAPITAL MANAGEMENT, LP
Around the Web
- Brigade Capital duped by Craig Carton’s alleged Ponzi scheme
By Carleton English - Sunday Sep 10, 2017
- Gymboree’s lenders working on comeback strategy for retailer
By Josh Kosman - Saturday Jun 24, 2017
Gymboree’s lenders are working on a fast-paced comeback strategy for the bankrupt kids’ clothing retailer, The Post has learned. Bondholders Brigade Capital, Oppenheimer and Searchlight Capital have already begun to execute a detailed plan to turn around the 1,300-store chain retailer, which filed for Chapter 11 earlier this month, according to a source with direct...
- Bacon’s Moore Capital fires workers amid hedge-fund woes
By Carleton English - Thursday Jul 13, 2017
Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...
- Devils’ youth brigade make opening-day statement
By Associated Press - Sunday Oct 8, 2017
The Devils’ youth movement has a lot more going for it than No. 1 overall draft pick Nico Hischier. The Devils are three deep in the rookie department. Hobey Baker Award winner Will Butcher and Swedish import Jesper Bratt stole a lot of the spotlight from Hischier in a 4-1 season-opening victory over the Avalanche...
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
- Massive blaze breaks in London tourist area
By Associated Press - Sunday Jul 9, 2017
LONDON — The London Fire Brigade says about 60 firefighters are combating a fire at the Camden Lock Market, which is a popular tourist destination in the city’s north. The fire service says eight fire engines were sent after the blaze broke out early Monday. There is no early indication of damage. London police say...