Hedge-fund manager Glenn Dubin , manager of about $27 billion in assets at Highbridge Capital Management, said he sees new opportunities in the market for collateralized-debt obligations, securities blamed for some of the biggest losses during the financial crisis.
Glenn Dubin of Highbridge Capital Management LLC was delayed overseeing homework, said his wife, Dr. Eva Andersson-Dubin, an internist at NBC, as she greeted guests last night to the inaugural Dubin Breast Center benefit.
Glenn Dubin, chief executive officer of Highbridge Capital Management, said hedge funds have an opportunity to provide credit to companies as banks are forced to scale back lending to meet tighter capital requirements.
Merchants from Vitol Group, the largest independent oil trader, to a company backed by billionaire Paul Tudor Jones are amassing physical energy assets in the U.S. at an unprecedented rate as shale output revives stagnant fuels markets.
On the lengthy list of things Dan Zwirn has lost, a few items jump out. There’s the $17 million condo on Central Park South, the summer place in Quogue, New York, and the $18 million Gulfstream IV jet. Then there’s D.B. Zwirn & Co., the hedge fund that once managed $12 billion in assets, employed 275 people in 14 global offices, and created the roughly $700 million in personal wealth that made so many of Zwirn’s spectacular purchases possible. Zwirn, 40, misses his money and the things it afforded him. But what he misses most, he said, is his “beautiful machine.”