Figures from Barclays Trading Group of Fairfield, Iowa, show that 16% of equity-based hedge funds, designed to be relatively conservative, are leveraged at 100% or more of their asset values, meaning the fund has a dollar or more of debt for every dollar in assets.
In early 2003 they signed up Hannaford Brothers, a northeastern grocery chain (owned by Delhaize Group), and the town of Fairfield, Conn. to five-year deals.