EQUITIES

Blackstone / GSO Capital Solutions Fund Closes on Over $3.25 Billion

GSO Capital Partners LP, the credit business of The Blackstone Group (NYSE: BX), has announced the final closing of the Blackstone / GSO Capital Solutions Fund (“the Fund”) with total commitments of over $3.25 billion. The Fund’s strategy is focused on providing privately negotiated “capital solutions” to companies in need of liquidity or significant capital structure transformation due to pending covenant violations, debt maturities, cyclical downturns in their businesses or other funding r...

Greenwich Global: Hedge funds limit losses in June as markets continue to fall

Hedge funds as measured by the Greenwich Global Hedge Fund Index (“GGHFI”) cut net exposures and limited the losses experienced by markets in June. The GGHFI shed 0.84% compared to global equity returns in the S&P 500 Total Return -5.23%, MSCI World Equity -3.56%, and FTSE 100 -5.23% equity indices. 42% of constituent funds in the GGHFI ended the month with gains.
More news

Asian stocks dropped anew Asian

Asian stocks plummeted its biggest in two weeks as U.S. home sales slowed down anew in May unexpectedly raising concerns on the fragility of the world's biggest economy.
  • MOST READ IN Equities