Hedge fund billionaire Paul Tudor Jones has the most epic Christmas lights...
In keeping with holiday tradition, hedge fund billionaire Paul Tudor Jones, the founder of Tudor Investment Corporation, has put up another elaborate Christmas lights display at his Belle Haven estate...
View ArticleThe 3 reasons so many hedge funds got wiped out in 2015
It has been an ugly year for the hedge fund industry.As a group, hedge funds have posted dismal returns. The average hedge fund is down 3.72% this year, according to Hedge Fund Research.The S&P...
View ArticleThe trades that killed hedge funds in 2015
It has been a horrible year for the hedge fund industry. The average hedge fund is down 3.72% this year, according to Hedge Fund Research.And there have been numerous highly publicized hedge fund...
View ArticleThis hedge fund crushed the competition in 2015
A biotech-focused hedge fund has posted some astonishing performance numbers in what has been an underwhelming year for the average hedge fund.Perceptive Life Sciences Offshore Fund, a $1.14 billion...
View ArticleThere's one sector hedge funds are just itching to shake up in 2016
It's almost 2016, so Business Insider has asked a bunch of the smartest minds on Wall Street to tell us what they think will happen next.Here's a prediction for the activists, the hedge funds that buy...
View Article2 directors just resigned from the drug company formerly run by Martin...
KaloBios Pharmaceuticals, which last week fired its CEO Martin Shkreli in the wake of fraud charges, has lost two of its directors.Tom Fernandez and Marek Biestek resigned from KaloBios' board of...
View ArticleThe cofounder of one of Wall Street's elite conferences is shutting down his...
Doug Hirsch, founder of hedge fund Seneca Capital Investments, is returning all outside capital to investors by Tuesday, Bloomberg reports.Hirsch is one of the founders of the Sohn Investment...
View ArticleOne woman blew away her hedge fund peers in 2015 using her own money
When South Korean-born hedge fund manager Melissa Ko came to the US as a teenager, she couldn't speak English.She excelled in math, graduated from the Massachusetts Institute of Technology, and made a...
View ArticleThe hot new hedge fund strategy — stop being a 'hedge fund'
There has been a rush of hedge funds suddenly converting to so-called family offices in the past few months.A family office manages only the money of the hedge fund manager, his or her family members,...
View ArticleOne thing all junior bankers who want to work at hedge funds should know
Headhunters are not your friends.That is the simple message that one former Bank of America Merrill Lynch analyst tells every junior banker he mentors."They may seem like it — they may try to convince...
View ArticleA £13.7 billion hedge fund supremo is worried Britain is in a housing bubble
Top British hedge fund manager Crispin Odey is worried about a bubble.The boss of Odey Asset Management told the Sunday Telegraph that 2016 is said to be a rough year for investors due to China's...
View ArticleHedge fund closures are going to hit 'an all-time high'
Don Steinbrugge, a managing partner of the Richmond, Virginia-based Agecroft Partners, a marketing and consulting firm for the hedge fund industry, expects more hedge funds to shut down in...
View ArticleWe just watched the new hedge fund drama 'Billions' and it's going to be Wall...
We just watched the pilot episode of "Billions", the upcoming hedge fund drama that debuts on Showtime this month.Our verdict: Wall Street is going to be obsessed with it and non-finance folks are...
View ArticleGeorge Soros' protégé just nailed one of the biggest hedge fund launches ever
Scott Bessent, who had been managing George Soros' $30 billion fortune for the past four years, officially launched his own hedge fund this week with $2 billion in assets, Bloomberg News...
View ArticleA hedge fund has laid out why it is closing — and it is enough to chill...
After 15 years, Nevsky Capital, a London-based global long/short equity hedge fund led by Martin Taylor and Nick Barnes, is shutting down, according to an investor letter posted by ZeroHedge.The fund...
View ArticleERIC JACKSON ON YAHOO: 'The current board as a whole has failed'
Activist investor Eric Jackson of SpringOwl Asset Management has joined the call for a board shake-up at Yahoo, telling Business Insider that "the current board as a whole has failed its fiduciary...
View ArticlePassport Global's head quant is leaving to pursue other opportunities
Passport Global's head quant Tim Garry is leaving the $4.4 billion San Francisco-based hedge fund, according to a letter to investors from the fund's founder John Burbank."After eight highly productive...
View ArticleMartin Shkreli's $45 million E-Trade account was used to secure his $5...
Former hedge fund manager turned pharma entrepreneur Martin Shkreli used his E-Trade brokerage account as security for his $5 million bond, according to new court documents.As of January 6, the account...
View ArticleSteve Cohen is getting closer to making a comeback
Hedge fund manager Steve Cohen, CEO of the family-office hedge fund Point72 Asset Management, is getting closer to managing outside money again."I am pleased to announce that I have resolved the...
View ArticleA City heavyweight is worried Britain is stumbling into a housing bubble
Top British hedge fund manager Crispin Odey is worried about a bubble.The boss of Odey Asset Management told the Sunday Telegraph that 2016 is said to be a rough year for investors due to China's...
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