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Meet the 10 Wall Street power players picking through up to $1 trillion in...
Top distress investors include Avenue Capital founder Marc Lasry and Aurelius Capital founder Mark Brodsky, as well as power players from Blackstone's GSO unit and Elliott Management.Distress...
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How $6 billion Balyasny trounced most hedge funds in the first quarter — and...
Dmitry Balyasny's $6 billion firm posted returns of nearly 5% in its flagship fund in the first quarter, much higher than the average hedge fund and overall market.One of the firm's macro investing...
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Tiger Global, Maverick, and Coatue all lost double-digits in a tough month...
Tiger Global, Maverick Capital, and Coatue all fell double-digits in March. Viking lost money as well.The Tiger Cubs, all founded by former members of Julian Robertson's Tiger Management's staff, focus...
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Billionaire Bill Ackman says he considered liquidating his whole portfolio as...
The activist investor Bill Ackman considered liquidating his portfolio amid the coronavirus market meltdown, he said in a Monday letter to Pershing Square Holdings investors.He instead opted to bet on...
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Chase Coleman's Tiger Global tells investors that SARS created 'an incredible...
Chase Coleman's Tiger Global, the secretive $36 billion fund manager, told investors in its latest private fund that the SARS breakout in China in 2003 created an "incredible backdrop for prospective...
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Hedge fund titan Crispin Odey says the coronavirus meltdown will most closely...
A coronavirus-fueled recession and resulting hit to global gross national product will most closely mirror the Great Depression, notoriously bearish fund manager Crispin Odey said, according to a...
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A 'Black Swan' fund posted a massive 4,000% return after the coronavirus blew...
A "Black Swan" hedge fund posted a 4,144% return last quarter after the novel coronavirus outbreak tanked markets.Universa Investments' chief, Mark Spitznagel, trumpeted the massive gain in a letter to...
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'I still think cash is trash': Ray Dalio doubled down on dollar doubts in...
Billionaire investor Ray Dalio still views cash as a bad investment even after the coronavirus sell-off."I still think that cash is trash relative to other alternatives, particularly those that will...
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Lansdowne Partners' clean energy fund got slammed in March, but its...
London-based Lansdowne Partners had a high-flying clean-energy fund that beat the overall market in 2019, when stocks soared, but the fund was one of many hit hard by a tough March.The firm's larger...
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Hedge fund billionaire Paul Singer reportedly warned his employees of...
Hedge fund billionaire Paul Singer warned of the coronavirus' effects long before many US officials. In a memo reported on by Bloomberg News, Singer told his staff on February 1 to prepare for lengthy...
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A fund nicknamed '50 Cent' made $2.6 billion hedging the coronavirus sell-off
A London fund nicknamed "50 Cent" made $2.6 billion hedging the market meltdown, the Financial Times reported.Ruffer invested $22 million in VIX derivatives that surged to more than $800 million during...
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Leaked letter: The 'Black Swan' fund that raked in a 4,000% return last...
The "Black Swan" hedge fund that raked in a 4,144% return last quarter warned its clients this week of a bigger crash to come."The world remains very much trapped in the mother of all global financial...
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Billionaire Carolina Panthers owner David Tepper is backing a new hedge fund...
Aaron Weitman, a long-time partner at Appaloosa Management and founder David Tepper's nephew, is launching his own hedge fund, CastleKnight Management, on July 1.The new fund, which Tepper is expected...
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A hedge fund betting on turbulence raked in a 400% return last quarter as the...
The California hedge fund LongTail Alpha saw one of its funds post a 156% gain in March, bringing its first-quarter return to 400% on bets on a jump in market volatility, The Wall Street Journal...
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Anthony Scaramucci's investment firm slumps 22% amid coronavirus rout, report...
Anthony Scaramucci's firm, SkyBridge Capital, is down 21.9% this year through March, The Wall Street Journal reported Monday.The firm's flagship fund lost 22.5% in March when the coronavirus pandemic...
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'It's a complete abomination': Hedge funds are applying for government...
Congress recently earmarked $350 billion to help small businesses navigate the novel coronavirus pandemic and cover payroll, rent, and other costs.Some hedge funds have applied for the government...
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Notoriously secretive hedge funds are being 'over communicative' during the...
For many hedge funds, the past couple months of market volatility is the first prolonged stretch of trouble since the 2008 housing crisis. One of the biggest differences in how hedge funds have handled...
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Billionaire Ken Griffin's Citadel has a sprawling alumni network of more than...
Billionaire Citadel founder Ken Griffin has built one of the most well-known brands in hedge-fund history, and those who have worked for him have benefitted.A Business Insider review has found dozens...
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'Oracle of Boston' Seth Klarman has a rabid following that's stuck with him...
Baupost Group founder Seth Klarman, the "Oracle of Boston," has become a billionaire thanks to his value investing ethos.The 62-year-old investor, who also has a stake in the Boston Red Sox and owns a...
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Big-name credit funds like Canyon Partners, Angelo Gordon, and CQS got...
During the market turmoil of March caused by the coronavirus pandemic, big-name credit funds run by managers like Canyon Partners, CQS, and Angelo Gordon fell by double-digits.Industry observers still...
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