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<title> SecondMarket</title>
<link>http://www.secondmarket.com</link>
<description>With 3,000 members managing over $1 trillion in investable assets, SecondMarket brings together buyers and sellers in the largest marketplace for illiquid assets. SecondMarket's members include global financial institutions, hedge funds, private equity firms, mutual funds, and other institutional and accredited investors.</description>
<language>en-us</language>
<pubDate>Tue, 09 Mar 2010 10:11:41 -0600</pubDate>
<lastBuildDate>Tue, 09 Mar 2010 10:11:41 -0600</lastBuildDate>
<copyright>Copyright 2010, SecondMarket</copyright>
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<title><![CDATA[Hedge fund ranking reveals nasty scars from financial crisis]]></title>
<link>http://www.secondmarket.com/articles/hedge-fund-ranking-reveals-nasty-scars-from-financial-crisis.html</link>
<pubDate>Tue, 09 Mar 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Pensions &amp; Investments' list of the world's largest hedge fund firms &mdash; those with at least $20 billion as of Dec. 31 &mdash; shows that assets managed by the 11 companies totaled $316.2 billion, virtually the same as the $316 billion managed by the 10 hedge fund managers that made P&amp;I's last ranking, based on data as of Dec. 31, 2007
    Hedge fund assets of three prominent firms &mdash; Goldman Sachs Asset Management, Renaissance Technologies Corp. and Citadel Investment...]]></description>
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<title><![CDATA[U.S. to Sell Warrants in Washington Federal, Two Other Lenders]]></title>
<link>http://www.secondmarket.com/articles/us-to-sell-warrants-in-washington-federal-two-other-lenders.html</link>
<pubDate>Mon, 08 Mar 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Bank of America Corp. bailout warrants climbed in their first day of trading after the U.S. Treasury Department sold the securities in a record-setting auction
    The sale grossed $1.57 billion after bids came in higher than some traders estimated. Group B warrants climbed 20 cents, or 7.8 percent, to $2.75 at 4:15 p.m. on the New York Stock Exchange, and Group A warrants advanced 6 cents to $8.41
    &ldquo;Most of the guys that I talk to think the warrants were pretty rich at the...]]></description>
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<title><![CDATA[Wall St cops want hedge funds to register]]></title>
<link>http://www.secondmarket.com/articles/wall-st-cops-want-hedge-funds-to-register.html</link>
<pubDate>Thu, 04 Mar 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Forcing hedge fund advisers to register with U.S. regulators will give Wall Street cops more ways to access information and root out fraud in the $1.5 trillion industry, a U.S. Securities and Exchange Commission official said on Tuesday
    Hedge funds were briefly required to register with the SEC a few years back but a lawsuit overturned the rule
    &nbsp;
]]></description>
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<title><![CDATA[SEC Approves Short Selling Restrictions]]></title>
<link>http://www.secondmarket.com/articles/sec-approves-short-selling-restrictions.html</link>
<pubDate>Fri, 26 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    The Securities and Exchange Commission today adopted a new rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure
    This alternative uptick rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10 percent in one day
    &nbsp;
]]></description>
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<title><![CDATA[Hedge funds To Invest More in Troubled Companies-survey]]></title>
<link>http://www.secondmarket.com/articles/hedge-funds-to-invest-more-in-troubled-companiessurvey.html</link>
<pubDate>Thu, 25 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Hedge funds will increase their investments in distressed debt and equity this year and expect to make more money doing it, the Reuters HedgeWorld &amp; Dykema 2010 Insolvency Outlook Survey found
    The most attractive areas for distressed investing in the next 12 months will be banking, energy and healthcare, according to the survey
    &nbsp;
]]></description>
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<title><![CDATA[Equities: Relationships are still key]]></title>
<link>http://www.secondmarket.com/articles/equities-relationships-are-still-key.html</link>
<pubDate>Tue, 23 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Tony Whalley head of dealing at Scottish Widows Investment Partnership said: &ldquo;It is very important to be capable of finding where the liquidity is, and, to a large extent, we rely on brokers to tell us. That is a very different situation from three years ago, when liquidity was centered on the primary exchanges.
    Nearly two thirds of respondents to this year&rsquo;s Buyside Trading Poll, conducted by the Association for Financial Markets in Europe, said they directed more than...]]></description>
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<title><![CDATA[FINRA: Implementing a Same-Day Clearance Option for Shelf Filings]]></title>
<link>http://www.secondmarket.com/articles/finra-implementing-a-sameday-clearance-option-for-shelf-filings.html</link>
<pubDate>Tue, 23 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    In an effort to address the timing issues related to FINRA's review of public offerings of securities registered on a &quot;shelf&quot; registration statement, on Monday, March 1, 2010, FINRA will implement a &quot;Same Day Clearance Option.&rdquo;
    The option, if elected to be used, is intended to provide issuers with an ability to complete shelf offerings on a more expedited timeframe
    &nbsp;
]]></description>
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<title><![CDATA[Small Publicly Traded Biotechs Finding Other Funding Options]]></title>
<link>http://www.secondmarket.com/articles/small-publicly-traded-biotechs-finding-other-funding-options.html</link>
<pubDate>Fri, 19 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    A year ago, many health-care venture investors, anticipating lower valuations on the public markets, were gearing up for what they expected to be a busy season for private investments in public entities
    But the expected PIPE surge has yet to materialize, as small public biotechs are finding other ways to raise cash
    &quot;There are PIPEs in the market, but their number will be lower,&quot; said Benjamin Bowen, managing director for investment banking at Rodman &amp; Renshaw LLC...]]></description>
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<title><![CDATA[Vicis Capital Is Winding Down Funds After Investors Sought Redemptions]]></title>
<link>http://www.secondmarket.com/articles/vicis-capital-is-winding-down-funds-after-investors-sought-redemptions.html</link>
<pubDate>Tue, 16 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Vicis Capital LLC, a $2.9 billion hedge fund firm started by former Lehman Brothers trader John Succo in 2004, is winding down its funds after receiving too many requests for redemptions, a person familiar with the matter said
    Vicis has been an active investor in PIPEs. The New York-based firm had bought into at least 75 private placements totaling $185.9 million since mid-2004
]]></description>
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<title><![CDATA[Och-Ziff net loss narrows as incentive fees kick in]]></title>
<link>http://www.secondmarket.com/articles/ochziff-net-loss-narrows-as-incentive-fees-kick-in.html</link>
<pubDate>Fri, 12 Feb 2010 00:00:00 -0600</pubDate>
<description><![CDATA[
    Och-Ziff Capital Management Group, one of the world's largest hedge-fund firms, reported a narrower quarterly net loss Thursday as lucrative incentive fees kicked in after a period of strong performance.
    Chief executive says capital inflow cycle for hedge-fund industry has begun
    Subscription to publication required
]]></description>
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