Clik here to view.
Lone Pine's Mala Gaonkar, a longtime lieutenant to billionaire Stephen Mandel...
Summary List PlacementAn upside-down investing landscape requires an outside-the-box thinker.For decades, asset managers have been able to stick to somewhat static definitions of what value and growth...
View ArticleClik here to view.
$7.8 billion Schonfeld has hired former Citadel and Balyasny macro head Colin...
Summary List PlacementColin Lancaster is adding another big name to his resume.The former head of macro strategies at Citadel and Balyasny is starting a new macro investing division at Schonfeld...
View ArticleClik here to view.
Billionaire investor Bill Ackman hopes to close his mega SPAC deal in a...
Summary List PlacementBill Ackman hopes to close his huge SPAC deal in the next couple of weeks.The Pershing Square chief is hedging against inflation and a market correction.Ackman switched Starbucks...
View ArticleClik here to view.
The bankers, brokers, and big money transforming litigation finance from a...
Summary List PlacementPaying for someone else's lawsuit used to be illegal. Now it's a multibillion-dollar opportunity.Commercial litigation funders make money by advancing money to businesses that...
View ArticleClik here to view.
The hedge fund investor who lost a $1 million bet with Warren Buffett doubts...
Summary List PlacementTed Seides made a $1 million, decade-long bet with Warren Buffett that he lost in 2017.The investor wagered that hedge funds would outperform a S&P 500 index fund.Seides...
View ArticleClik here to view.
Meet the power players of the booming litigation finance industry
Summary List PlacementPaying for someone else's lawsuit used to be illegal. Now it's a multibillion-dollar opportunity.Today, litigation funders have $11.3 billion invested or ready to invest in US...
View ArticleClik here to view.
Here are 4 York Capital alums starting their own funds after billionaire...
Summary List PlacementBillionaire Jamie Dinan decided he was done with the hedge fund game after decades in the business, announcing at the end of last year that his York Capital was going to wind down...
View ArticleClik here to view.
Hedge funds' biggest names — from Dalio to Cohen to Englander — are embracing...
Summary List PlacementThe hedge-fund world didn't come running to cryptocurrencies.While some smaller funds embraced bitcoin and other digital currencies early on, the biggest names in the industry...
View ArticleClik here to view.
A hedge fund founder who quit his job to start a healthy food company shares...
Summary List PlacementFor Jason Karp, working in finance was rewarding. He made millions, won awards, and started a business that employed dozens of people.But in 2018, after a couple of tough years at...
View ArticleClik here to view.
A rising star in the hedge fund world left it all behind to start his own...
Summary List PlacementOn a spring day in 2018, Jason Karp paid a visit to Kern Valley State Prison, a maximum-security facility in California's Central Valley. Karp was the founder of Tourbillon...
View ArticleClik here to view.
$58 billion Two Sigma just poached a top engineer from Google to be its new...
Summary List PlacementTwo Sigma has a new hire to help wrangle its reams of data.Carter Clark Page joined the $58 billion hedge fund at the start of June as the firm's new head of data engineering...
View ArticleClik here to view.
Billionaire investor Bill Ackman might land his $4 billion Universal Music...
Summary List PlacementBill Ackman's special-purpose acquisition company (SPAC) is close to buying 10% of Universal Music Group for $4 billion. The billionaire investor might have his grandfather's...
View ArticleClik here to view.
Wall Street brokers are reportedly limiting short bets against meme stocks by...
Summary List PlacementSome of Wall Street's largest brokers are quietly tightening rules on who can bet against meme stocks popular among retail traders in an effort to protect themselves against the...
View ArticleClik here to view.
The former head of data at Neuberger Berman and Point72 has launched a firm...
Summary List PlacementThe biggest hurdle for both sides of the data equation is cost.It's expensive for asset managers to build out data science teams and suss out the most relevant bits of info from...
View ArticleClik here to view.
Welcome to Wall Street's 'Summer of Anxiety'
Summary List PlacementAs summer comes to the United States, the coronavirus is receding, businesses are reopening, and people are going back to work. There are memes everywhere trying to encapsulate...
View ArticleClik here to view.
Hedge funds piled into the first-ever junk bond tied to bitcoin to avoid...
Summary List PlacementCryptocurrencies are creeping into the traditional financial markets where hard, reserve currencies still rule the roost.MicroStrategy raised the first-ever junk bond that will be...
View ArticleClik here to view.
2 of the biggest hedge fund victims of GameStop's short-squeeze suffered more...
Summary List PlacementUS hedge funds Melvin Capital and Light Street Capital, two short sellers hurt by the GameStop day-trader rebellion earlier this year, saw further declines in May, the Financial...
View ArticleClik here to view.
A Danish biotech stock surged 1,387% during US trading hours for no apparent...
Summary List PlacementShares of a small Denmark biotechnology company surged as much as 1,387% in US trading hours Thursday as chatter about the stock jumped on Reddit's Wall Street Bets.Orphazyme,...
View ArticleClik here to view.
Billionaire Chase Coleman's Tiger Global struggled in May and its flagship...
Summary List PlacementWhile billionaire Chase Coleman has pumped billions into the private markets this year, his flagship public-equity fund is down so far in 2021.The flagship was down 6.3% in May,...
View ArticleClik here to view.
$3 billion Maplelane Capital — which was slammed by the GameStop frenzy in...
Summary List PlacementOne of Reddit traders' hedge-fund targets — $3 billion Maplelane Capital — took a step back in May as it tries to dig out of its GameStop-caused hole.The fund, run by former...
View Article