Search Results

December 19, 2018  

Losses, Withdrawals Shrink Midway

Midway Group, which made a killing investing in mortgage securitizations in the years following the financial crisis, has seen its assets plummet amid weak performance and heavy withdrawals.The New York firm, led for 18 years by founder Robert Sherak, currently has about $50 million under management — down from $850 million four years ago. Among the investors that have pulled money from Midway are fund-of-funds managers Morgan Stanley...

This article is free to subscribers of Hedge Fund Alert. If you are a subscriber, please sign in.

If you are not a subscriber, please complete the form below to purchase the article for $19.95.
First Name *
Last Name *
E-mail *
Card Number *
Expiration *
Card Code *
Address *
City *
State/Province *
Zip/Postal Code *

Purchase Article