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Point72's head of HR is leaving, following the firm's former president out of...
Mike Butler, the head of human resources at Steve Cohen's hedge fund Point72, is leaving.His departure comes in the wake of a lawsuit filed by a staffer alleging widespread gender discrimination,...
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We've seen the numbers for Steve Cohen's big hedge fund comeback, and they're...
Steve Cohen's hedge fund Point72 is up a little in its first few months managing outside money, according to an investor document seen by Business Insider. Point72's gains through April are around...
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Why the woman who filed Wall Street's big #MeToo lawsuit is speaking out
The woman who filed a lawsuit against billionaire Steve Cohen's hedge fund is speaking out as to why.In an interview with The New Yorker, Lauren Bonner, who works in talent for Point72, said that the...
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Hedge fund Soroban is shutting its master fund and returning $4.1 billion in...
Soroban Capital, founded by Eric Mandelblatt and Gaurav Kapadia, is returning $4.1 billion from its master fund, according to a client letter seen by Business Insider.Kapadia is leaving to form a...
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D.E. Shaw fired a high-profile hedge-fund manager after an investigation into...
Daniel Michalow, a senior portfolio manager at D.E. Shaw, was fired from the $50 billion hedge fund in March following an investigation into claims of inappropriate behavior, people familiar with the...
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D.E. Shaw sent a memo to employees in the fallout from an employee fired for...
D.E. Shaw, the $50 billion hedge fund firm, sent a memo to employees on Monday in the fallout from firing a portfolio manager for inappropriate behavior.Business Insider earlier reported that D.E. Shaw...
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Hedge fund Tourbillon's assets have dropped 20% in one month
Assets of Jason Karp's Tourbillon Capital have dropped 20% from March to April. The fund is down 4.6% this year through the end of April. Tourbillon Capital has seen its assets under management fall 20...
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A Citadel portfolio manager left a new investment group less than a year on...
Neel Gupta, a portfolio manager at Citadel's Fundamental Strategies unit, has left.Gupta had joined Citadel less than a year ago from Pine River Capital.A portfolio manager who was part of Citadel's...
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Bridgewater, the world's biggest hedge fund, says a crucial market driver is...
Bridgewater Associates, the world's largest hedge fund, is sounding the alarm on one crucial market driver, according to a note to clients reviewed by Business Insider.The hedge fund reportedly...
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Hedge funds are making a dangerous bet — and history suggests it's going to...
Hedge funds and other large speculators are currently holding their largest-ever short position on one of the market's most closely watched assets.History suggests that positioning to this degree will...
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David Tepper’s hedge fund dumped its entire Apple stake ahead of the...
Appaloosa Management, run by billionaire David Tepper, sold off its entire stake of Apple last quarter.Tepper is expected to purchase the Carolina Panthers NFL team for $2.2 billion, it was reported...
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RANKED: The 10 biggest hedge funds in the US
Hedge funds are the wild cards of financial markets. Some sharply criticize their activities, but others say they bring valuable diversity to markets and act as shock absorbers against volatility. The...
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The market's biggest and most influential investors are altering their...
Goldman Sachs conducts a regular survey of large investment managers, and the latest version featured findings from 848 hedge funds overseeing a gross total of $2.3 trillion in stock positions.The firm...
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Hedge funds love these 25 stocks
WalletHub analyzed financial disclosures for 100 of the largest hedge funds.The firm put together a list of their favorite stocks, including which moved up or down from previous quarters.Each quarter,...
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Hedge funds love these 25 stocks
WalletHub analyzed financial disclosures for 100 of the largest hedge funds.The firm put together a list of their favorite stocks, including which moved up or down from previous quarters.Each quarter,...
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Hedge funds are handily beating the market — and Goldman Sachs says these are...
Stock market volatility has been a boon for hedge funds this year, as they've beaten benchmarks handily.Goldman Sachs has identified the 16 stocks given "VIP" status from hedge funds — meaning the...
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The top 25 hedge fund managers earned a combined $15.4 billion last year
The top 25 hedge fund earners made a total of $15.4 billion in 2017, an increase of 40% from the year prior, according to a new report from Institutional Investor. Four managers on the list made more...
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One of the hedge funders behind 'The Big Short' says betting on marijuana is...
Danny Moses, a hedge funder at the center of "The Big Short" said investing in cannabis is the "big long."Moses has invested in a private equity firm, Merida Capital, that focuses on the emerging...
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Hedge funds are crushing the market this year — here's the secret to their...
Hedge funds have been beating the market so far in 2018, and they've relied on the outsized strength of one group of stocks to get there.They're also edging their way back into a much-maligned part of...
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Universities are starting to invest in crypto, according to an industry lawyer
Crypto lawyer: "We’re seeing some academic institutions getting involved on a limited basis for strategic reasons."John Lore, the lawyer, said he couldn't name specific universities because of...
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