Tag Archives: Basis Capital

Basis Capital seeks Court Assistance for Redemptions

More trouble for Basis Capital. Yield Alpha Fund’s Sister, Basis Aus-Rim Diversified Fund, has also lost about half its value since the credit crunch began. Basis recently announced they will be seeking help from the courts regarding redemptions. In a … Continue reading

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Basis Capital Managment – Emerging from Bankruptcy

According to a letter to Yield Alpha investors, the fund has enough cash to repay creditors, even without putting any value on the complex structured credits – mainly collateralized debt obligations, or CDOs – which it holds. The crashing value … Continue reading

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Basis Capital Management in Bankruptcy Court

Basis Capital Fund Management, Ltd. is an Australian firm which is currently in Chapter 15 Bankruptcy. The case is pending in the U.S. Bankruptcy Court for the Southern District of New York. The fund was located in the Cayman Islands … Continue reading

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