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The bankruptcy of trucking giant Celadon left nearly 4,000 jobless. The...
$67 million hedge fund Prescience Point predicted in April 2017 that trucking giant Celadon was going to zero.Some 2-1/2 years later, the short-seller's call turned out to be prescient. The...
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A hedge fund-backed art dealer just lost an $11 million ruling to Sotheby's...
Hedge fund manager David Kowitz was ordered to pay Sotheby's roughly $6.6 million after a judge ruled against the investor in a case involving an allegedly fake painting.The lawsuit concerns the $10.8...
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By 2030, the machines running a huge chunk of public markets will only be...
With 2020 quickly approaching, Business Insider is polling experts to find out what finance and real estate will likely look like a decade from now.The public markets are no longer the kingmakers they...
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We mapped 4 generations of Tiger Management descendants: it shows Julian...
Julian Robertson's network is one of the most sprawling in any industry — the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of...
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Hot launches, macro players, and new blood: Here are the 8 hedge funds to...
The hedge funds to watch in 2020 are a mix of big names, newcomers looking to make a splash, and a long-time industry player giving it another shot. Big-name macro managers like Brevan Howard will be...
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We mapped 4 generations of Tiger Management's hedge fund descendants: here's...
Julian Robertson's network is one of the most sprawling in any industry — the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of...
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'Uncle Jeff': Jeffrey Epstein's relationship with the 24-year-old daughter of...
The convicted pedophile Jeffrey Epstein told associates that he considered marrying Celina Dubin, the 24-year-old daughter of his ex-girlfriend Eva Andersson Dubin and the hedge-fund billionaire Glenn...
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'The most anti-capitalist idea I could ever dream up': Billionaire investor...
Several countries implemented negative interest rates to boost their economies in 2019, but the billionaire investor Stanley Druckenmiller told Bloomberg TV on Wednesday that the policy tools...
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There's a huge reorg underway at M Science, the pioneer alt-data seller owned...
M Science has cut several people from its 20-person data-science team this week, sources told Business Insider, and the firm's head of sales has been demoted to a part-time role.The cuts to the...
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Here are the 18 biggest names that said goodbye to hedge funds in 2019
The $3.3 trillion hedge fund industry saw several big names call it quits in 2019, as Appaloosa founder David Tepper and Moore Capital chief Louis Bacon both decided to turn their funds into family...
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Leaked audio from the Bank of England gave hedge funds an 8-second head start...
The Bank of England says it is investigating how hedge funds were able to pay thousands of pounds to listen to broadcasts of its briefings before they were made public.The misused audio of briefings...
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The hedge fund landscape shrinks for a 5th straight year as investors rebel...
The hedge fund industry saw more closures than openings for the fifth year in a row in 2019, Bloomberg reported Monday, citing data from Hedge Fund Research Inc.Investors are quickly fleeing the...
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Hedge funds are making most of their money by piling into no-brainer wins...
There are fewer public companies to invest in, and hedge funds have been desperate to match the surging markets, forcing many managers into the same trades and stocks. In the 2010s, the stock that...
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In 2019, activists and stock pickers were hot — but Ray Dalio made a rare...
The hedge funds that dominated 2019 included big names like Bill Ackman, David Einhorn, and Dan Loeb.Spin-offs from funds like Citadel, D.E. Shaw, and Viking also made positive headlines, carving out...
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$50 billion D.E. Shaw's flagship fund posted a 10.5% return in 2019, besting...
$50 billion manager D.E. Shaw posted returns of 10.5% for its flagship Composite fund in 2019, according to a source familiar with the matter.The firm's 16-year-old, macro-focused Oculus fund returned...
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Billionaire Larry Robbins' Glenview Capital crushes 2019 with eye-popping...
Billionaire Larry Robbins' Glenview Capital had a banner year, posting returns of nearly 30% in its flagship fund when the average hedge fund returned just over 8%, according to Hedge Fund...
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Famed short-seller Andrew Left's hedge fund saw 43% returns in its 1st year
Citron Capital, the new hedge fund led by famed short-seller Andrew Left, gained 43% net of fees in 2019, Reuters reported Monday, citing a letter to investors. The fund includes both long and short...
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Here are the 8 biggest holdings in Bill Ackman's flagship hedge fund, which...
Billionaire Bill Ackman's hedge fund returned 58% in 2019.The 2019 performance was a fantastic rebound for the fund, which posted negative net returns each year from 2015 to 2018. Here are the top...
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BlackRock's flagship hedge fund Obsidian returns more than 13% in 2019 after...
BlackRock's 23-year-old Obsidian hedge fund bested the average hedge fund, returning more than 13% in 2019 even after losing money in August. The fund, managed by Stuart Spodek, is fixed-income...
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PE shop Vista Equity Partners paid $100 million for 7Park to get in on the...
Vista Equity Partners paid nearly $100 million to buy alternative data company 7Park Data at the end of 2018. Since the acquisition, the firm has added to the sales team as it attempts to pivot away...
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