Tremont hedge 'loses $3.3 bln in Madoff scandal'
Hedge-fund firm Tremont Group Holdings, which lost more than half of its assets to alleged scammer Bernard Madoff, is winding down operations and could shutter its doors by summer
By KAJA WHITEHOUSE Last updated: 12:31 pm January 27, 2009 Posted: 2:46 am January 27, 2009 Hedge-fund firm Tremont Group Holdings, which lost more than half of its assets to alleged scammer
Tremont Group Holdings Inc. of New York is closing its hedge fund division following $3.1 billion in losses associated with the Bernie Madoff scandal, according to the firm.
Tremont Group Holdings Inc. of New York is closing its hedge fund division following $3.1 billion in losses associated with the Bernie Madoff scandal, according to the firm. Rye (N.Y.) Investment M
Tremont Group Holdings invested 3.3 billion with Bernard Madoff
Tremont hedge 'loses $3.3 bln in Madoff scandal' WASHINGTON (AFP) – US hedge fund Tremont Group Holdings invested 3.3 billion dollars with Bernard Madoff, the disgraced investment manager accused in