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Billionaire hedge fund manager Ken Griffin trounced rival Steve Cohen in 2019...
Ken Griffin's Citadel posted a 19.4% return in 2019, beating out industry rival Steve Cohen's Point72 fund and its 16% gain, Bloomberg reported.Both offices, and the greater hedge fund industry, still...
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This hedge fund trounced the market in 2019 while most others fell way short....
Lansdowne Partners operates one of the largest hedge funds for clean energy. It held $221 million in assets at the end of last year, according to an HSBC report. In 2018, the fund saw negative returns...
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Jeff Talpins' $18 billion Element Capital announced it would raise fees in...
Macro manager Element Capital finished 2019 up 12%, a source familiar with the firm told Business Insider. Jeff Talpins' firm manages $18 billion and is raising performance fees to 40% this year,...
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Joseph Edelman's $4.8 billion hedge fund dominated 2019 with 53.7% returns...
Joseph Edelman's $4.8 billion Life Sciences fund, the flagship fund for the $6 billion Perceptive Advisors, returned 53.7% last year.The firm's biggest fund lost more than 9% in August, but still...
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Insiders explain how to navigate Steve Cohen's Point72 and climb from fresh...
Steve Cohen's Point72 Asset Management has put an emphasis on career development, according to Jaimi Goodfriend, the firm's head of investment professional development. New recruits, often straight out...
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The world's top 20 hedge fund managers posted their biggest gains of the...
The 20 best-performing hedge fund managers of all time gained $59.3 billion in 2019 to post their best annual return in at least a decade, according to a report released Monday by LCH Investments.TCI...
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Greenlight Capital's David Einhorn tells investors why he's adding to his bet...
David Einhorn's Greenlight Capital is short one of hedge funds' favorite stocks, streaming giant Netflix, because of increased competition from other streaming services and the loss of two series the...
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Bloomberg's alt-data head is starting up a new business at retail consultant...
Ascential Alternative Data Division was started by Jeremy Baksht, who used to be Bloomberg's global head of alternative data. The London-based company helps consumer companies, like clothing lines,...
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The alt-data industry faced serious growing pains after its sudden glow up —...
Alternative data quickly went from a quirky subset used by only the most sophisticated hedge funds to a multi-billion-dollar behemoth that has investors and companies like Vista Equity Partners,...
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Investors pulled $98 billion from hedge funds last year, the largest outflow...
Hedge fund net outflows in 2019 were nearly $98 billion, according to a Thursday report from eVestment.It marked the worst year for hedge fund redemptions since 2016, according to the report. Hedge...
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Billionaire Seth Klarman blames low rates and 'capitalist excess' for his...
Billionaire Seth Klarman's annual letter to investors touched on topics such as private equity's pile of unused money, modern monetary theory, WeWork, and foreign policy in the Middle East.The 17-page...
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After a $1 billion launch, Diamondback founders Richard Schimel and Larry...
Cinctive Capital, the new $1 billion fund from Diamondback founders Richard Schimel and Larry Sapanski, lost money in its first quarter of trading, sources tell Business Insider.The fund, which is...
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Hedge funds are flocking to Miami this week in search of new money — here's...
Investors streamed out of the hedge fund industry in 2019, with more than $16 billion leaving in December alone, according to data-tracker eVestment.Small hedge fund managers are facing an uphill...
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Billionaire York Capital founder and Milwaukee Bucks co-owner Jamie Dinan...
Jamie Dinan, the founder of $17.6 billion York Capital and a co-owner of the NBA's Milwaukee Bucks, told attendees of Context Summits in Miami that Japan, a post-Brexit United Kingdom, and deleveraging...
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Coronavirus fallout 'certainly ruined the environment' for market bulls,...
The threat coronavirus poses to global markets "certainly ruined the environment" for long-term investors, Appaloosa Management founder David Tepper told TheStreet on Saturday.The billionaire told CNBC...
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It can take years for a hedge fund to get a check from the most sophisticated...
Hedge-fund investors like university endowments and foundations require managers to take a years-long selling approach, and that's ramping up pressure on new launches hoping to make it.The more...
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Billionaire hedge-fund founder Lee Ainslie is worried his generation is going...
Billionaire hedge-fund founder Lee Ainslie said that he believes his generation will be considered the "generation of greed" by young people.The founder of Maverick Capital, speaking at an Economic...
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Billionaire Avenue Capital founder Marc Lasry says the decision to pay...
At an event in Manhattan on Tuesday night, Avenue Capital founder Marc Lasry discussed his purchase of the NBA's Milwaukee Bucks, which he made six years ago with fellow billionaire Wes Edens.The...
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Billionaire Bill Ackman's Pershing Square just exited its positions in...
Billionaire Bill Ackman's Pershing Square has sold its stake in Starbucks in January, a new investor presentation shows. The firm exited stakes in ADP and United Technologies last year. The $8.5...
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Wall Street's battle for data-science talent has gone next-level as Silicon...
There is growing demand for data-science talent across industries, and while Wall Street and other finance companies might be improving its reputation in these circles, it hasn't gotten any easier to...
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