To win the hedge funds 'business, while also gaining the due diligence rubber stamp needed to mark the resultant CDOs fit for sale, investment banks recruited pliant CDO managers who signed off the hedge funds' choices. 为了赢得对冲基金业务,同时获得尽职调查的橡皮图章、让设计好的CDO能够销售出去,投行聘请顺从的CDO经理,这些经理会轻易批准对冲基金的选择。
People close to the situation said that Citi had opened talks with private equity groups and hedge funds over the sale of$ 3bn worth of car loans as part of its efforts to cleanse its balance sheet of billions of dollars in troubled assets. 知情人士表示,花旗正与私人股本集团和对冲基金谈判,拟出售价值30亿美元的汽车贷款。这是花旗清理资产负债表中数十亿美元不良资产计划的一部分。
Investors fear that some hedge funds and other institutions will soon have no option but to start a fire sale of their assets to cover losses on their portfolios. 投资者担心,一些对冲基金和其它机构很快就会别无选择,只能减价出售资产,以弥补其投资组合的亏损。
One of London's most successful hedge funds imploded yesterday when Peloton Partners put the assets of its$ 2bn flagship fund up for sale and froze its remaining fund after geared mortgage bets left it unable to meet lenders 'demands. 伦敦最为成功的对冲基金之一昨日爆出问题,PelotonPartners将其旗舰基金20亿美元的资产进行标售,并冻结了其剩余的资金。此前抵押贷款相关投资使得该基金无力满足贷方的需求。