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Dominique Strauss-Kahn

Ex-IMF chief Strauss-Kahn-led hedge fund aims to raise $2 billion

Former International Monetary Fund chief Dominique Strauss-Kahn plans to raise $2 billion in a macro hedge fund, his firm, LSK & Partners , said on Thursday, as investors continue to back a low-risk and rapidly growing investment strategy.The venture marks Strauss-Kahn's first partnership with an asset manager for the DSK Global Investment Fund that will invest globally, Mohamad Zeidan, the firm's chief operating officer told Reuters.Strauss-Kahn will manage the fund with his daughter and economist, Vanessa Strauss-Kahn, and is currently on a trip to China to raise capital for the hedge fund from institutional investors and wealthy individuals."China plays and will play a predominant role in this fund," Zeidan told Reuters in an interview in Shanghai, where he is promoting the fund. He said the fund is awaiting regulatory approval from Luxemburg before it can start raising the money."We have met with the largest groups in each sector and I'm talking to the financial sector, insurance c...

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  1. Judge Allows Strauss-Kahn Lawsuit to Move Forward

    A New York judge on Tuesday rejected a motion by former International Monetary Fund chief Dominique Strauss-Kahn to dismiss a lawsuit filed by the hotel maid who acc...

  2. Strauss-Kahn Put Under Formal Probe in France

    Former IMF chief Dominique Strauss-Kahn was put under formal investigation by a French court on Monday over his role in a prostitution case, his lawyer said.The move...

  3. Stocks Move Higher After Tuesday’s Big Dive

    FBN's Ashley Webster breaks down afternoon market news.

  4. ADP Private Sector Adds 216K Jobs in February

    FBN's Sandra Smith breaks down late-morning market news.

  5. Waiting for Greek Revolution

    European Parliament member Nigel Farage on being surprised at how quiet the U.S. has been amid the worsening crisis in the European Union, and why he believes Greece’s woes will end in revolution.

  6. Wall Street Back in Rally Mode After Sharp Losses Last Week

    FBN’s Robert Gray breaks down the day in the markets.

  7. Greece Must Shrink State to Avoid Default: Lenders

    International lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid default within weeks as investors spooked by politic...

  8. Urgent action needed to protect recovery: IMF chief

    By Ann Saphir and Mark Felsenthal"Developments this summer have indicated we are in a dangerous new phase," International Monetary Fund Managing Director Christine L...

  9. Strauss-Kahn Criminal Charges Dismissed

    FBN's Adam Shapiro breaks down the latest in the Dominique Strauss-Kahn criminal case.

  10. Strauss-Kahn Criminal Sex Charges Dismissed

    FBN's Sandra Smith breaks down afternoon market news.

  11. Judge Dismisses Charges Against Strauss-Kahn

    New York judge dropped all criminal sexual assault charges against ex-IMF chief Dominique Strauss-Kahn on Tuesday after prosecutors lost faith in the credibility of ...

  12. Charges to Be Dismissed Against Strauss-Kahn

    FBN’s Adam Shapiro with the latest details surrounding the criminal case against former IMF head Dominique Strauss-Kahn

  1. Lagarde: Won't Let French Case Distract From IMF Focus

    International Monetary Fund Managing Director Christine Lagarde said she would not let a French criminal probe distract her from her role at the world's emergency le...

  2. Law firm recruits federal judge who presided over Ebbers case

    Barbara Jones, the federal judge who presided over the criminal trial of former WorldCom CEO Bernard Ebbers, will join the law firm of Zuckerman Spaeder later this m...

  3. Confidential Settlement Reached in DSK Case

    FBN’s Lori Rothman with an afternoon market update, plus news that a confidential settlement has been reached in the Dominique Strauss-Kahn sexual assault case.

  4. Strauss-Kahn Strikes Preliminary Civil Case Deal with Maid

    Former IMF chief Dominique Strauss-Kahn has reached a preliminary agreement with the hotel maid who accused him of sexual assault last year to settle a civil lawsuit...

  5. Draghi enters lion's den to sell bond-buying plan

    European Central Bank President Mario Draghi faces a two-hour grilling on Wednesday from German lawmakers who fear his bond-buying plan to ease the region's debt cri...

  6. Greece's Lame Tax Attacks on IMF's Lagarde

    Officials in Greece are blasting Christine Lagarde, head of the International Monetary Fund, over her zero income tax bill after her criticisms that Greece's massive...

  7. IMF’s Lagarde Bashed for Tax-Free Income

    FBN’s Liz MacDonald discusses why the IMF head is receiving criticism for her comments on Greeks and their need to pay taxes while she pays no income tax on her salary from the IMF.

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