Wharton Asset Mgmt 就要倒下？

對衝基金 Pirate Capital, Wharton Asset Mgmt 就要倒下？  
來源: not4kids 於 07-09-11 12:46:48
 
據Bloomberg，Pirate Capital, Wharton Asset Mgmt bar withdrawals from hedge funds
Should we shoot their portfolio just like Wall Street did to Long Term Capital in 1998?  
 
 • Pirate Capital的最大positions是BCO, PBY -not4kids- ♂   (97 bytes) (135 reads)   
 • Wharton did it again? -putwriter- ♂   (106 bytes) (144 reads) 9/11/07  
    a friend told me U. Penn got left behind since a Wharton professor lost $1 billion in its endowment funds. 
 • 沒關係，Wharton的校友有錢啊 :-) -not4kids- ♂   (0 bytes) (13 reads) 9/11/07
 • that was early 1990s. $1B was worth $1B back then. -putwriter- ♂
 • Cramer did but failed this time -lei123- ♂   (0 bytes) (8 reads) 9/11/07 
 • tell me more details -not4kids- ♂   *****  shoot what is in its portfolio
    • BSC -lei123- ♂   (0 bytes) (6 reads) 9/11/07 



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http://www.speechlys.com/wharton_dec2006.htm

Wharton completes US$1bn CDO of asset-backed securities
12 December 2006

Speechly Bircham LLP has acted for longstanding client Wharton Asset Management Bermuda Limited and Wharton Asset Management UK Limited on their seventh collateralised debt obligation (CDO) securitisation transaction. This brings the aggregate managed portfolio value to over US$14 billion.

Wharton Asset Management is an innovative investment management group in the high grade asset-backed securities (ABS) market. Wharton’s CDO structures have included variations of both cash and synthetic transactions.

Speechly Bircham advised Wharton on the launch, by G Square Finance 2006-2 Limited, of an issuance of Notes relating to a portfolio of c.US$1bn of ABS. The acquisition of the ABS portfolio was funded by the issuance by G Square Finance 2006-2 of seven classes of rated notes and one class of unrated notes. Deutsche Bank AG, London Branch acted as arranger and initial purchaser acquiring all of the classes of notes on issuance.

Partners Paul Kay (Finance) and James Carter (Tax) led the Speechly Bircham team, assisted by Mark Robertson (Finance). The same team advised Wharton on each of its CDO issuances to date and on the UK listing of TRIO Finance Limited, a company formed to invest in predominantly investment grade ABS (with a primary focus on real estate mortgage-backed securities) and real estate related financial assets.

Deutsche Bank was advised by Ashurst, led by partner Michael Smith and senior associates Diala Minott and Alessia Serpetti.

For more information, please contact:

Paul Kay, partner, Speechly Bircham on 020 7427 6504 [e-mail]

Charlotte Macnaughton, press office, on 020 7427 6466, [e-mail]