Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Wednesday, March 14, 2007

Lehman Buys Stake in D.E. Shaw Hedge Fund

In another example of Wall St. going where the money is, Lehman Brothers purchased a 20% stake in the $29 billion hedge fund controlled by D.E. Shaw.  See WSJ, Lehman Buys Into D.E. Shaw, Seeking Private-Money Profits; NY Times, House Panel Ponders the Growth and Risk of Hedge Funds.

http://lawprofessors.typepad.com/securities/2007/03/lehman_buys_sta.html

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