Exact(11)
Sixteen staff are being made redundant by the school, which has seen its $3 billion endowment fund hit by the economic crisis.
Not surprising since, at the time of writing this newsflash, the fund hit £220,000 (way over if you count GiftAid).
CITY A.M. Endemol Shareholders Set for Hedge Fund Hit | Shareholders in the Dutch television producer Endemol, the company behind the "Big Brother" reality series, are set to lose out when hedge funds holding the company's $2.9 billion of debt swap all but $500 million of it for equity, Bloomberg News reports, citing The Sunday Times.
In fact, the United States Oil Fund hit an all-time high in Friday's trading, as the dollar plunged.
The fund hit a first close in the summer, as TechCrunch reported at the time, and now it has reached full capacity.
The startup was orphaned after its first investor Tudor Ventures, a hedge fund hit hard by the economis crisis, put in a rumoured $6m but could not come back for a second funding round.
Similar(49)
Every time our emergency fund hits the one-month mark some crisis strolls along and gobbles up our funds.
Rose did well enough to raise $20,000 for the U.S.T.A. Scholarship Fund, hitting only one target fewer than Blake or Agassi did.
This time around, however, it is less likely that banks have the strength to stabilize the financial system if a big hedge fund hits trouble.
Unless a fund hits our stop-loss level, we will hold it a minimum of 30 days.
When the fund hits 50 investors, it can then fund 50 design centered startups in return.
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