Since mid-2007, at least
79
funds at 45 outfits have "imploded*"

Dear readers: don't be bashful—If you have any information regarding ailing or imploding funds please email us. As always, confidentiality is guaranteed.

Top Hedge Fund Blow-up News and Commentary:
(past news)
Latest Posts from the HF Forum!
  • Qinhan China Fund - Just in to the mailbox, one reader says he has ceased getting word from the Qinhan China Fund. Any of you heard anything? Here'... (14 hours ago)
  • RE: How To Speak "hedgie" - Aaron Quote: Backtesting should come with a warning label. It amazes me how many otherwise intelligent people don't seem to rea... (Fri 5/09)
  • RE: AQR next? - Richard, I think Goldman just moved their troubles into the shadowy "Level 3" pile: http://implode-explode.com/viewne... (Thu 4/10)
  • European fund liquidating? - A trusted tipster sent us the following rumor-level info today: Quote: FYI, we're hearing rumors of an European hedge fund that... (Thu 4/03)
  • funds to watch: Platinum, Farallon, SAC, et al. - Here are the ones I've seen mentions of: in http://online.wsj.com/article/SB120658664128767911.html?mod=googlenews_wsj - "... (Fri 3/28)
Go to the forum!
"Imploded*" Funds:
45. Endeavour Capital [1]
44. Old Lane Partners (Citigroup) [1]
43. Rumson Capital [1]
42. Russell Investments (Alternative Strategies Funds) [2]
41. Cornerstone Quantitative Investment Group [2]
40. North American Equity Opportunities (Goldman Sachs) [1]
39. Pentagon Capital Management [1]
38. Absolute Capital Group [3]
37. Drake Management - Global Opportunities [3]
36. ASAT Finance (Citigroup) [3]
35. MAT Finance (Citigroup) [3]
34. Blue River Asset Management [1]
33. Carlyle Capital Corporation [1]
32. Tequesta Mortgage Fund [1]
31. Focus Capital [1]
30. Peloton ABS Master Fund, Multi-Strategy Fund [2]
29. Falcon Strategies (Citigroup) [2]
28. CSO Partners (Citigroup) [1]
27. Sailfish Capital Partners [1]
26. Polar Capital - Lotus, Tech. Absolute Funds [2]
25. Standard Chartered - Whistlejacket SIV [1]
24. Deephaven Event Fund [1]
23. Rhinebridge Plc (IKB) [1]
22. Niederhoffer Matador Fund [1]
21. Absolute Capital Management Holdings [7]
20. Cooper Hill Partners [3]
19. Pirate Capital (Activist Funds) [2]
18. Synapse High Grade ABS Fund [1]
17. Cheyne Finance LLC (Cheyne Capital Management) [1]
16. Geronimo Multi-Strategy, Sector Opportunity, and Option & Income [3]
15. Basis Capital Fund Management, Ltd. - Basis Yield Alpha [1]
14. Solent Capital Partners LLP, Mainsail II [1]
13. Sentinel Mangement Group [1]
12. Sachsen LB: Ormond Quay conduit fund [1]
11. Parvest Dynamic ABS, BNP Paribas ABS Euribor and BNP Paribas ABS Eonia (BNP Paribas) [3]
10. Union Investment Asset Management Holding AG [1]
9. Oddo: Cash Titrisation; Cash Arbitrages; and Court Terme Dynamique [3]
8. Sowood Capital Management [2]
7. Galena Street Fund [1]
6. United Capital Markets Holdings Inc.: Horizon Strategy [4]
5. Caliber Global Investment [1]
4. Lake Shore Asset Management [1]
3. Ritchie Capital Management [2]
2. Bear Stearns: High Grade Structured Credit Strategies Enhanced Leveraged Fund; High Grade Structured Credit Strategies Fund [2]
1. Dillon Reed Capital Management (UBS) [1]

Historical Implosions:

1. Amaranth Advisors [2006-09]
2. MotherRock [2006-08]
3. International Management Associates LLC [2006-02]
4. Wood River Capital Management [2005-10]
5. Bayou Group [2005-07-27]
6. GLT Venture Fund [2007-07]
7. KL Group [2005-03]
8. Eifuku Master Fund [2005-01]
9. John Hancock Business Services/Epic Investment Capital et al. [2003-11]
10. Lancer Management Group [2003-07]
11. Orca Funds [2002-09]
12. Integral Investment Management [2001]
13. Long-Term Captial Management (LTCM) [1998-12-31]
14. Askin Capital Management [1994]
Ailing/Watch List*:
30. Clinton Group Multi-Strategy Fund [1]
29. AQR Capital Management [3]
28. Polygon [1]
27. Plexus Partners [1]
26. Pardus Capital Management [1]
25. Tisbury Capital [1]
24. Platinum Grove Asset Mgmt. [1]
23. Global Alpha and Global Equity Opportunities(Goldman Sachs) [2]
22. Carrington Capital Management [1]
21. MKA Capital Advisors [1]
20. Alcentra European Credit [1]
19. Pursuit Capital Partners [1]
18. GPS Partners [1]
17. JWM Partners LLC - Relative Value Opportunity fund [1]
16. ING Diversified Yield, Regular Income [2]
15. GO Capital Global Opportunities Fund [1]
14. Highland Capital Management [2]
13. Ellington Capital Mgmt. (certain funds) [2]
12. Golden Key Ltd. [1]
11. Queen's Walk Investment, Ltd. (Cheyne Capital Management) [1]
10. Capital Fund Management [1]
9. John W. Henry & Co. [7]
8. Campbell & Co. [1]
7. Tykhe Capital, LLC [2]
6. Black Mesa fund [1]
5. Second Curve Capital (various funds) [4]
4. Axa IM [2]
3. Macquarie Fortress Investments Ltd. [1]
2. Frankfurt Trust [1]
1. Mariner Bridge [1]

"Imploded" funds: The "imploded" list contains hedge funds (or other unregulated and autonomous speculative investment funds) which have gone through some sort of permanent adverse change. This is a somewhat subjective call, and does not necessarily mean total shutdown or bankruptcy. It can also mean steep and rapid mark-downs in net asset value; or abnormal "bail-out" by corporate parents or peers in order to avoid write-downs and provide liquidity. The funds are of any type and sector.

Ailing funds haven't shut down, but they've suffered significant value declines and/or temporarily halted redemptions. Funds on watch may not even have unusual declines, but may be posted if it is felt there may be risk of developing a more serious condition eventually.

Attention: This site changes rapidly, and some information may be inaccurate (particularly if it is very recent). You should always check other sources regarding information found here, and check with the funds and/or parent companies themselves if you plan on doing business with them. And as always, please let us know if you have corrections, clarifications, or additions.


Library


Search:
 
  
Syndication
RSS feed