Billionaire Bill Ackman wrote an op-ed in support of Bloomberg for president...
Billionaire activist investor Bill Ackman, the CEO of the $13 billion Pershing Square Capital, has just published an op-ed article in the Financial Times throwing his support behind Michael Bloomberg...
View ArticleCarl Icahn and John Paulson just scored a big win
Carl Icahn and John Paulson scored a big win on Thursday.The billionaire investors got seats on the board of insurance giant AIG.Icahn won't be on the board, but he'll have one of his firm's analysts...
View ArticleMeet the quant hedge fund manager who's killing it this year
Quant hedge fund manager Roy Niederhoffer, the founder of New York-based R.G. Niederhoffer Capital Management, is off to a tremendous start in 2016. The $731 million Niederhoffer Diversified Offshore...
View ArticleJohn Paulson has a big new bet
Billionaire hedge fund manager John Paulson is raising money for a new private-equity fund, Bloomberg's Simone Foxman reports.Paulson & Co. is looking to raise $1.5 billion for Paulson Strategic...
View ArticleKYLE BASS: There's a 'ticking time bomb' in China
Hedge fund manager J. Kyle Bass, the founder of Dallas-based Hayman Capital, has a warning about a "ticking time bomb" in the Chinese banking system.Over the last ten years, China's banking system has...
View ArticleOne clear winner has emerged in the hedge fund space in 2016
There's one hedge fund strategy that's emerged as the big winner in 2016, and it's driven by computers.It has been absolutely brutal for hedge funds in general. Many are already suffering double-digit...
View ArticleHedge fund billionaire Marc Lasry drained a killer shot at the NBA All-Star...
Billionaire Marc Lasry, CEO of the $14 billion hedge fund Avenue Capital and co-owner of the Milwaukee Bucks, has some serious basketball skills.Lasry, 55, played in the NBA All-Star Celebrity Game in...
View ArticleDAN LOEB: This is a Wall Street recession
The 2016 market has been brutal for Wall Street, with global stock indexes getting slammed as oil prices have continued to fall.Here's a quick scorecard through Monday:S&P (-8.7%) Nasdaq...
View ArticleHerbalife's largest individual shareholder dumped a bunch of the stock
William "Bill" Stiritz — Herbalife's largest individual shareholder — has cut back his massive position in the multi-level marketer.Stiritz sold 2,805,835 shares during the fourth quarter ended...
View ArticleActivist fund Jana Partners has cut back on its biggest bet (QCOM)
Activist investor Barry Rosenstein, the founder of $11 billion hedge fund Jana Partners, massively cut back his company's stake in Qualcomm in the fourth quarter.Jana sold 19.3 million shares of the...
View ArticleHedge fund billionaire Leon Cooperman dropped two of Wall Street's horror...
Hedge fund billionaire Leon Cooperman, the founder of Omega Advisors, ditched two of Wall Street's nightmare stocks.In the fourth quarter, Cooperman sold all of his shares in SunEdison and Valeant...
View ArticleGeorge Soros has made a big bet on a financial-services company (SYF)
George Soros' family-office hedge fund, Soros Fund Management, initiated a new position in Synchrony Financial during the fourth quarter, the fund's latest regulatory filing shows.At the end of the...
View ArticleHedge fund billionaire David Tepper loaded up on energy stocks
Hedge fund billionaire David Tepper, who runs $20 billion Appaloosa Management, is bullish on energy stocks, according to his fund's latest 13F filing.Tepper loaded up on stocks in the energy sector in...
View ArticleTiger Global has made a $1 billion bet on Apple (AAPL)
Tiger Global's public-equity business, run by Scott Shleifer, initiated a new position in Apple during the fourth quarter, according to the fund's latest 13F filing.During Q4, Tiger Global, an...
View ArticleHedge funds were buying Morgan Stanley in Q4
NEW YORK/BOSTON (Reuters) - Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC, took new positions in Morgan Stanley during the fourth quarter, ahead of the bank's cost-cutting...
View ArticlePoint72: 'We are not capital constrained — we are talent constrained'
The big question in the hedge fund space is whether Steve Cohen's family-office hedge fund will open up to outside capital again.Speaking at the Absolute Return Symposium in New York on Wednesday,...
View ArticleActivist short seller Carson Block explains how he picks his targets
Short seller Carson Block, the founder of Muddy Waters Research, spoke about how he spots his short targets at the Absolute Return Symposium in New York."Establishment Wall Street has never liked short...
View ArticleBad coffee and a red Ferrari: Here are some of the 'red flags' at new hedge...
A group of hedge fund allocators revealed the biggest "red flags" that stop them from placing money with an emerging manager at the Absolute Return Symposium in New York on Wednesday.One thing to look...
View ArticleKyle Bass' latest short target got raided by the FBI and the stock is tanking...
The FBI raided the office of United Development Funding IV, a Texas-based real estate investment trust (REIT), according to people familiar with the matter.The stock fell more than 54% and was last...
View ArticleBillionaire hedge fund manager Ken Griffin reportedly dropped $500 million on...
Citadel CEO Ken Griffin has set a new record for contemporary-art collectors.The billionaire has bought two paintings for a combined $500 million, CNBC reports.Griffin reportedly bought a Willem de...
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