Wednesday, April 9, 2008

Who's Next?

We've been seeing listed funds associated with hedge funds and PE firms get decimated, some more than others. Why has Ares held up so much?

The following is a list of funds associated with PE or hedge fund firms who have seen their value decline:

Carlyle Capital (CCC) - The Carlyle Group
Axon Financial - TPG-Axon Capital Management (affiliated with TPG Capital)
Ares Capital Corp. (ARCC) - Apollo Management
KKR Financial Corp. (KFN) - KKR & Co. LP

Any more to add?


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