HF Alert reports that Goldman Sachs is planning an all-star cap-intro event next week. They appear to have pulled a page directly from the Live Nation concert playbook. Instead of taking risks with smaller acts in small venues – LN prefers to book aerosmith, Madonna, Cold Play, U2 pay them well and book ginormous venues.
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Where does one go to party these days? Feb27
From 2/11/09 HF Alert: Expect more of this. If you are a hedge fund that expected to raise capital exclusively through your prime broker. Time to consider plan b. Merrill Lynch is the latest prime broker to cancel or scale back a hedge fund conference. Merrill, now part of Bank of America, told clients
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