Clik here to view.
A wave of staffers has left hedge fund Folger Hill as the firm searches for...
At least seven staffers have left Folger Hill Asset Management in recent weeks as the fund continues its hunt for a new investor, Business Insider has learned.The departures include at least four...
View ArticleStocks have shrugged off Trump headlines to hit new highs this week
The US stock market has powered to new record highs this week as investors get increasingly numb to the Donald Trump headlines coming out of Washington. But the question remains: What can eventually...
View ArticleClik here to view.
A Delaware judge has dealt a blow to a $3.5 billion hedge fund
WILMINGTON, Del (Reuters) - A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius...
View ArticleClik here to view.
Trump's new communications director has a long history on Wall Street and a...
Anthony Scaramucci, who has been appointed to head the White House's communications operations, has a long history on Wall Street – and has been a big Trump backer and public advocate.He previously...
View ArticleClik here to view.
A hedge fund started by a Steve Cohen protégé is crushing it (FWONK, BABA)
A hedge fund started by a Steve Cohen protégé is up double-digits in 2017. David Fiszel's Honeycomb Asset Management is up 12.2% after fees over the past six months in its Class A shares, according to...
View ArticleClik here to view.
A $32 billion hedge fund bet its future on a 34-year old — and there is a...
Och-Ziff Capital Management, the 23-year-old hedge fund founded by its namesake Dan Och, is bleeding money.The firm lost a third of its assets after pleading guilty to conspiracy charges last...
View ArticleClik here to view.
The $180 million conflict that kept Scaramucci out of the White House in...
Anthony Scaramucci is selling his fund of funds business to a Chinese conglomerate with ties to the government. The firm, the HNA Group, is facing an increasing number of questions at home and abroad,...
View ArticleClik here to view.
A new technology could change the game for Amazon, Facebook, Netflix and...
A tech hedge fund that has been crushing it sees a huge opportunity for YouTube, Amazon, Netflix and Google.It's called OLED – "organic light-emitting diodes"– and it could soon change how people use...
View ArticleClik here to view.
A $13 billion hedge fund is sounding the alarm on one of the biggest trends...
Highfields Capital Management, a $13 billion hedge fund, has raised concerns about quant funds and passive investing in a letter to clients seen by Business Insider.Quants use algorithms to make...
View ArticleClik here to view.
$13 BILLION HEDGE FUND: Jeff Bezos' deal for Whole Foods is 'true genius'...
A $13 billion hedge fund says there's an aspect to Jeff Bezos' bid for Whole Foods that is "pure genius"– the fact that Amazon is valued so highly by the market.Highfields Capital Management, a...
View ArticleClik here to view.
A legendary fund manager is piling into a market he says Wall Street is ignoring
Psst... there's a fortune to be made buying closed-end funds (CEFs). Just don't tell Wall Street.That was the message delivered in a recent interview by famed credit trader Boaz Weinstein, whose $1.7...
View ArticleClik here to view.
Billionaire Dan Loeb is betting big on the world's largest asset manager (BLK)
Dan Loeb's Third Point hedge fund is betting big on BlackRock, the world's largest asset manager.In a client letter dated July 26 explaining its stock investment, Third Point said: "We think BlackRock...
View ArticleClik here to view.
Howard Marks used one of the iconic quotes of the financial crisis to...
Howard Marks, billionaire investor and founder of Oaktree Capital Management, knows these good times can't last forever. In his latest ‘Oaktree memo’ to clients on Wednesday, Marks recalled an iconic...
View ArticleClik here to view.
We went to a glamorous poker event where billionaires, athletes, and poker...
Hundreds of Wall Streeters packed a Manhattan venue this week to play poker and raise money for an education nonprofit.The crowd included a who's-who of financiers, politicians, athletes and show biz...
View ArticleClik here to view.
Scaramucci has investments in 'American Psycho,' the Mets, a glitzy...
(Reuters) - Best known as a New York hedge fund industry executive, Anthony Scaramucci, President Donald Trump's incoming communications director, has stakes in a film company, a glitzy Manhattan...
View ArticleClik here to view.
A $10 billion hedge fund investor is backing a new launch
PAAMCO, a $10 billion hedge fund investor, is backing Benn Eifert's QVR Advisors.QVR has hired staff from Uber and Wells Fargo.A $10 billion hedge fund investor is backing a new launch.PAAMCO, the...
View ArticleClik here to view.
A 'ruthless' 26-year-old investor is raising $200 million to bet against the...
Fahmi Quadir, a 26-year-old who trained under well-known short seller Marc Cohodes, is setting out to raise $200 million for her own recently-formed hedge fund, Safkhet Capital.In an interview with...
View ArticleClik here to view.
Inside the rise, fall, rebound, and spectacular flameout of Anthony Scaramucci
Anthony Scaramucci is still planning to sell his firm, SkyBridge Capital, and that has his friends and colleagues wondering what's next.People close to him say he's still interested in politics, and he...
View ArticleClik here to view.
A hot strategy at Two Sigma, one of the hedge fund industry's fastest-growing...
A strategy run by $30 billion Two Sigma, an increasingly popular hedge fund, has made almost no money this year.Another of Two Sigma's funds has lost nearly 4%.Investors, like public pensions, have...
View ArticleClik here to view.
A legendary oil trader is reportedly shutting down his main hedge fund after...
A legendary oil trader is shutting his main hedge fund after losing about 30% in the first half of the year, according to a Bloomberg report.Andy Hall is shutting his main hedge fund after the his...
View Article