Securities Law Prof Blog

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

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.

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