Toscafund

Toscafund Asia Fund, on which Toscafund lifted gates that restricted investors 'ability to withdraw their money, has risen more than 5% this year after halving in value last year.

Toscafund Lifts Last Gate as Its Hedge Funds Revive 2009

Assets under management, which halved last year to $2.5 billion, this year have seen net inflows from investors, according to Mehmet Dalman, the former head of investment banking at Commerzbank who joined Toscafund last year as vice chairman.

Toscafund Lifts Last Gate as Its Hedge Funds Revive 2009

CEO of Toscafund, which owns about 20% of Aberdeen, backed the deal, saying: "Toscafund believes that the transaction is of clear benefit to the clients and shareholders of Aberdeen Asset Management and Credit Suisse."

Aberdeen Buys Assets From Bank 2009

Toscafund, started in 2000 after Mr. Hughes left Julian Robertson's Tiger Management, last year withstood an investor vote to wind down its funds.

Toscafund Lifts Last Gate as Its Hedge Funds Revive 2009

Toscafund, run by Martin Hughes, has been hit hard this year because of other bets on financial-services companies, as well as on homebuilders.

Toscafund Has Built Up 6% WaMu Stake 2008

In a separate filing, Toscafund reported a 5.1% passive stake in Sovereign Bancorp Inc.

Toscafund Has Built Up 6% WaMu Stake 2008

Toscafund and Prentice both declined to comment on performance.

June Is Cruel to Big Names 2008

It was unclear how much of that stake was acquired during a $7 billion capital infusion in Washington Mutual in April, in which Toscafund participated.

Toscafund Has Built Up 6% WaMu Stake 2008

Its biggest shareholders include Capital Research, Brandes, Toscafund and others.

WaMu's Shareholder Dis 2008

Toscafund, which also has had troubles this year, said it beneficially held about 105.5 million shares of Washington Mutual as of July 16, according to a filing Thursday with the Securities and Exchange Commission.

Toscafund Has Built Up 6% WaMu Stake 2008