Coatue Management is raising $1 billion to invest in AI-focused companies, underscoring its commitment to technology investments despite a slowdown in previous years.
This startup for traders raised $30 million from investors including Stanley Druckenmiller and Greg Coffey. Here's how it plans to transform how Wall Street analyzes data.
Reflexivity raised $30 million in Series B funding to enhance data analysis for hedge funds and institutional investors.
Balyasny wants to build an AI equivalent of a senior analyst. A recent breakthrough brings the hedge fund one step closer.
This startup for traders raised $30 million from investors including Stanley Druckenmiller and Greg Coffey. Here's how it plans to transform how Wall Street analyzes data.
Reflexivity raised $30 million in Series B funding to enhance data analysis for hedge funds and institutional investors.
Balyasny wants to build an AI equivalent of a senior analyst. A recent breakthrough brings the hedge fund one step closer.
Billionaire David Shaw Says This Dividend Aristocrat Is His #1 Target
David Shaw's D.E. Shaw hedge fund leverages quantitative analysis to achieve impressive returns and recently targeted Air Products for corporate governance changes.
If You Don't Know Who Ken Griffin Is, You Should
Ken Griffin's innovative hedge fund strategy emphasizes decentralized management, leading to Citadel's unprecedented success in the industry.
A longtime Bridgewater investor is launching a hedge fund. Here's a look inside Paul Podolsky's Kate Capital.
Kate Capital, a discretionary global macro fund led by Paul Podolsky, will launch on November 1 with $200 million.
Steve Cohen's Point72 Is Dumping These AI Stocks
Steven Cohen has shifted focus from trading to managing and mentoring at Point72 Asset Management, emphasizing firm strategy and talent development.
2 Stocks Ray Dalio's Bridgewater Associates Has Been Buying Hand Over Fist
Bridgewater Associates has struggled to keep up with traditional funds despite its size and diversified investment strategy.
Ray Dalio's focus on risk-parity has faced challenges as the hedge fund lags behind market benchmarks.
Dalio's legacy remains influential as he keeps a close watch on Bridgewater's management and performance.
Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
Steve Cohen is transitioning from personal trading to mentoring at Point72, focusing on talent development.
Cohen's reduced trading role illustrates a broader trend in hedge fund leadership.
Billionaire David Shaw Says This Dividend Aristocrat Is His #1 Target
David Shaw's D.E. Shaw hedge fund leverages quantitative analysis to achieve impressive returns and recently targeted Air Products for corporate governance changes.
If You Don't Know Who Ken Griffin Is, You Should
Ken Griffin's innovative hedge fund strategy emphasizes decentralized management, leading to Citadel's unprecedented success in the industry.
A longtime Bridgewater investor is launching a hedge fund. Here's a look inside Paul Podolsky's Kate Capital.
Kate Capital, a discretionary global macro fund led by Paul Podolsky, will launch on November 1 with $200 million.
Steve Cohen's Point72 Is Dumping These AI Stocks
Steven Cohen has shifted focus from trading to managing and mentoring at Point72 Asset Management, emphasizing firm strategy and talent development.
2 Stocks Ray Dalio's Bridgewater Associates Has Been Buying Hand Over Fist
Bridgewater Associates has struggled to keep up with traditional funds despite its size and diversified investment strategy.
Ray Dalio's focus on risk-parity has faced challenges as the hedge fund lags behind market benchmarks.
Dalio's legacy remains influential as he keeps a close watch on Bridgewater's management and performance.
Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
Steve Cohen is transitioning from personal trading to mentoring at Point72, focusing on talent development.
Cohen's reduced trading role illustrates a broader trend in hedge fund leadership.
Former hedge fund founders actively promote a new token, raising trust issues in the crypto market.
The token promotion serves as a controversial reminder of past failures in hedge fund management.
Fed Governor Warns Crypto Prices Could Fall to Zero Says 'Don't Expect Taxpayers to Socialize Your Losses' Markets and Prices Bitcoin News
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point.Please don't be surprised and don't expect taxpayers to socialize your losses when that happens, the Fed governor stressed.Crypto Prices Could Go to Zero, Fed Official Warns Federal Reserve Governor Christopher J. Waller warned about the danger of investing in cryptocurrency on Thursday at the Global Interdependence Center Conference on digital money, decentralized finance, and the puzzle of crypto.
Cryptochutzpah
Former hedge fund founders actively promote a new token, raising trust issues in the crypto market.
The token promotion serves as a controversial reminder of past failures in hedge fund management.
Fed Governor Warns Crypto Prices Could Fall to Zero Says 'Don't Expect Taxpayers to Socialize Your Losses' Markets and Prices Bitcoin News
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point.Please don't be surprised and don't expect taxpayers to socialize your losses when that happens, the Fed governor stressed.Crypto Prices Could Go to Zero, Fed Official Warns Federal Reserve Governor Christopher J. Waller warned about the danger of investing in cryptocurrency on Thursday at the Global Interdependence Center Conference on digital money, decentralized finance, and the puzzle of crypto.
This $9 billion hedge fund just joined the raid on big bank commodity index traders with a senior JPMorgan hire
Hedge funds are aggressively hiring commodity index managers despite current market downturns, reflecting the strategy's long-term success over the past five years.
David Tepper views China's stimulus measures positively, indicating a shift in his investment limits in Chinese equities.
How the hedge fund superstar went extinct
Hedge fund superstars are fading as the industry shifts towards alternative investments.
Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs
Hedge funds like Point72 are investing in the Fidelity Wise Origin Bitcoin Fund and other spot bitcoin ETFs for various reasons.
Credit Suisse shares lose a quarter of their value as fears about banks grow | CBC News
Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told news outlets that it would not inject more money into the Swiss bank beset by problems long before the failure of two U.S. lenders.The turmoil prompted an automatic pause in trading of Credit Suisse's shares on the Swiss market and sent shares of other European banks plunging by as much as double digits.
Credit Suisse shares sink as key investor vows no more help
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told outlets that it would not inject more money into the ailing Swiss bank.
Mr. Cooper strikes deal to acquire investment firm Roosevelt Management Company
Nonbank mortgage lender and servicer has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday.The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC."This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets," Chris Marshall, vice chairman and president of Mr. Cooper, told analysts during a call on Friday.
Brass Balls In Beijing
David Tepper views China's stimulus measures positively, indicating a shift in his investment limits in Chinese equities.
How the hedge fund superstar went extinct
Hedge fund superstars are fading as the industry shifts towards alternative investments.
Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs
Hedge funds like Point72 are investing in the Fidelity Wise Origin Bitcoin Fund and other spot bitcoin ETFs for various reasons.
Credit Suisse shares lose a quarter of their value as fears about banks grow | CBC News
Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told news outlets that it would not inject more money into the Swiss bank beset by problems long before the failure of two U.S. lenders.The turmoil prompted an automatic pause in trading of Credit Suisse's shares on the Swiss market and sent shares of other European banks plunging by as much as double digits.
Credit Suisse shares sink as key investor vows no more help
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Battered shares of Credit Suisse lost more than one-quarter of their value Wednesday, hitting a record low after its biggest shareholder the Saudi National Bank told outlets that it would not inject more money into the ailing Swiss bank.
Mr. Cooper strikes deal to acquire investment firm Roosevelt Management Company
Nonbank mortgage lender and servicer has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday.The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC."This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets," Chris Marshall, vice chairman and president of Mr. Cooper, told analysts during a call on Friday.
These 2 Stocks Account for 22% of Al Gore's Hedge Fund
Al Gore exemplifies ethical investment through Generation Investment Management, focusing on ESG principles amidst controversy surrounding politicians' stock trading.
Billionaire Nelson Peltz Unveiled 3 New Stocks in His Very Focused Portfolio
Nelson Peltz uses public proxy battles to influence corporate governance at undervalued companies, aiming to enhance their performance.
Hedge funds are planning a 'budget boom' in 2025 for the datasets that cost them millions a year
95% of managers plan to increase or maintain their budget for alternative data, reflecting its critical role in investment strategies.
$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.
ExodusPoint's new share class requires beating T-bills for performance fees, signaling a reaction to market dynamics and a shift in hedging strategies.
Hedge funds are planning a 'budget boom' in 2025 for the datasets that cost them millions a year
95% of managers plan to increase or maintain their budget for alternative data, reflecting its critical role in investment strategies.
$11 billion ExodusPoint just made a concession on fees. It could be the start of a massive change for hedge funds' biggest names.
ExodusPoint's new share class requires beating T-bills for performance fees, signaling a reaction to market dynamics and a shift in hedging strategies.
Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch
Billionaire hedge fund founders are significant political donors, raising concerns about their focus on investment management.
Weight Watchers wins when our diets fail it won't change society's broken thinking around food | Susie Orbach
It's no surprise that shares in Weight Watchers International surged more than 70% earlier this month after its acquisition of Sequence, a US telehealth service linking patients with doctors who can prescribe semaglutide medications, which suppress appetite and are being used for weight loss.I'd argue that Weight Watchers is not so much in the weight-loss business.
Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch
Billionaire hedge fund founders are significant political donors, raising concerns about their focus on investment management.
Weight Watchers wins when our diets fail it won't change society's broken thinking around food | Susie Orbach
It's no surprise that shares in Weight Watchers International surged more than 70% earlier this month after its acquisition of Sequence, a US telehealth service linking patients with doctors who can prescribe semaglutide medications, which suppress appetite and are being used for weight loss.I'd argue that Weight Watchers is not so much in the weight-loss business.
Are Hedge Funds Prepared for the Impact of Rate Cuts Across Wall Street?
Hedge funds are adjusting their strategies amidst the uncertainty of Federal Reserve monetary policy changes.
Banking Giant UBS Is Acquiring Smaller Rival Credit Suisse
BERN, Switzerland Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night.Swiss president Alain Berset, who did not specify a value of the deal, called the announcement one of great breadth for the stability of international finance.
Is inflation or recession driving mortgage rates now?
On Tuesday, we got more confirmation that the Federal Reserve 's biggest fear - inflation blowing up to 1970s levels - isn't happening, according to the CPI data.Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it's been hard to accelerate the core data.
Are Hedge Funds Prepared for the Impact of Rate Cuts Across Wall Street?
Hedge funds are adjusting their strategies amidst the uncertainty of Federal Reserve monetary policy changes.
Banking Giant UBS Is Acquiring Smaller Rival Credit Suisse
BERN, Switzerland Banking giant UBS is buying its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday night.Swiss president Alain Berset, who did not specify a value of the deal, called the announcement one of great breadth for the stability of international finance.
Is inflation or recession driving mortgage rates now?
On Tuesday, we got more confirmation that the Federal Reserve 's biggest fear - inflation blowing up to 1970s levels - isn't happening, according to the CPI data.Even with its most significant component, shelter inflation, keeping core CPI higher than it should be, it's been hard to accelerate the core data.
Gold, copper and oil prices fall as market contagion spreads-'It's just widespread panic'
Commodities across various sectors, including copper, gold, and crude oil, plunged due to a global financial crisis and concerns about economic downturn.
Commodity Speculators Reap Record-Shattering Profits Amid Global Hunger Crisis
The industry not only benefits from extreme market volatility - it's contributing to major price swings, experts say.A Yemeni baby, suffering from malnutrition, receives treatment with limited resources in the Department of Combating Malnutrition at Sabeen Hospital in Sanaa, Yemen, on March 1, 2023.
Gold, copper and oil prices fall as market contagion spreads-'It's just widespread panic'
Commodities across various sectors, including copper, gold, and crude oil, plunged due to a global financial crisis and concerns about economic downturn.
Commodity Speculators Reap Record-Shattering Profits Amid Global Hunger Crisis
The industry not only benefits from extreme market volatility - it's contributing to major price swings, experts say.A Yemeni baby, suffering from malnutrition, receives treatment with limited resources in the Department of Combating Malnutrition at Sabeen Hospital in Sanaa, Yemen, on March 1, 2023.
How hedge funds are dealing with the global market meltdown
In a global market meltdown, hedge funds are split as winners and losers based on their strategies and positioning.
1 Artificial Intelligence (AI) Stock Billionaires Have Been Buying Hand over Fist | The Motley Fool
Alphabet is a popular pick among hedge funds.
Izzy Englander's Millennium, Paul Singer's Elliott Among Bitcoin ETF Holders
Big names increasing allocations in spot bitcoin ETFs.
The Crypto World Has a New Villain
Crypto investments can be risky even when perceived as cautious.
Investors can unknowingly become involved in high-risk trading through seemingly safe platforms.
Goldman Seeing 'Resurgence of Interest' for Crypto Options From Hedge Fund Clients: Bloomberg
Approval of spot bitcoin ETF led to increased interest among Goldman's clients.
Goldman expanding offerings to asset managers, bank clients, and digital asset firms.
Layoffs Watch '24: Brevan Howard
Brevan Howard Asset Management is expanding its operations but facing financial losses.
The firm has cut about 10% of its traders due to underperformance in macro trading and systematic trading.
Report for America is "phasing out" partnerships with hedge fund-owned publications
Report for America has placed over 600 reporters in a variety of newsrooms, including hedge-fund-owned ones.
Report for America is phasing out partnerships with hedge-fund-owned news organizations.
Billionaire Investor David Tepper Has 46% of His Portfolio Invested in 5 Brilliant Artificial Intelligence (AI) Growth Stocks -- but Made Some Big Changes During the Quarter | The Motley Fool
David Tepper is a highly successful hedge fund manager with Appaloosa Management.
Appaloosa's portfolio heavily focuses on AI stocks, particularly Meta Platforms.
Sheikh Jassim bin Hamad Al-Thani has submitted an improved bid to buy Manchester United, sources have told ESPN.The Qatari banker was due to make his second offer ahead of Raine Group's 9 p.m. UK deadline on Wednesday before all bidders were given additional time.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) Sheikh Jassim's offer was submitted overnight on Friday UK time and will now be considered by Raine and current owners the Glazer family.
Sources: Man Utd bidders get deadline extension
Bidders for Manchester United have been given extra time to make their offers, sources have told ESPN.The Raine Group, the merchant bank handling the process for current owners the Glazer family, initially set a deadline of 9 p.m. UK time Wednesday for second bids.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)
Sources: Man Utd meet suitors, expect higher bid
Manchester United are meeting with the two most high-profile bidders, consortiums led by Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe, on Thursday and Friday ahead of what are expected to be improved offers for control of the club, sources have told ESPN.Sources said that representatives of Qatari banker Sheikh Jassim are expected at Old Trafford and Carrington for presentations on Thursday.
Sources: Qatari sheikh submits improved Utd bid
Sheikh Jassim bin Hamad Al-Thani has submitted an improved bid to buy Manchester United, sources have told ESPN.The Qatari banker was due to make his second offer ahead of Raine Group's 9 p.m. UK deadline on Wednesday before all bidders were given additional time.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) Sheikh Jassim's offer was submitted overnight on Friday UK time and will now be considered by Raine and current owners the Glazer family.
Sources: Man Utd bidders get deadline extension
Bidders for Manchester United have been given extra time to make their offers, sources have told ESPN.The Raine Group, the merchant bank handling the process for current owners the Glazer family, initially set a deadline of 9 p.m. UK time Wednesday for second bids.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)
Sources: Man Utd meet suitors, expect higher bid
Manchester United are meeting with the two most high-profile bidders, consortiums led by Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe, on Thursday and Friday ahead of what are expected to be improved offers for control of the club, sources have told ESPN.Sources said that representatives of Qatari banker Sheikh Jassim are expected at Old Trafford and Carrington for presentations on Thursday.
Credit Suisse shares soar after $54B central bank loan | CBC News
Credit Suisse's shares soared 30 per cent on Thursday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion US from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe.It was a massive swing from a day earlier, when shares of Switzerland's second-largest commercial bank plunged 30 per cent on the SIX stock exchange after its biggest shareholder said it would not put more money into Credit Suisse.
Credit Suisse to borrow $54 billion from Swiss central bank
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.
Companies want to know how many people are back in the office. They're using water coolers to find out.
Bevi, a Boston startup, makes high-tech water coolers that collect usage data.Some investors and hedge funds are using this data to track America's return to office trends, Bloomberg reported.The tracking places Bevi in the middle of a debate between remote workers and their employers.As companies adjust to a world of remote and hybrid work schedules, an unusual tool is emerging to help businesses keep track of their workers - the water cooler.
Credit Suisse shares soar after $54B central bank loan | CBC News
Credit Suisse's shares soared 30 per cent on Thursday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion US from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe.It was a massive swing from a day earlier, when shares of Switzerland's second-largest commercial bank plunged 30 per cent on the SIX stock exchange after its biggest shareholder said it would not put more money into Credit Suisse.
Credit Suisse to borrow $54 billion from Swiss central bank
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.
Companies want to know how many people are back in the office. They're using water coolers to find out.
Bevi, a Boston startup, makes high-tech water coolers that collect usage data.Some investors and hedge funds are using this data to track America's return to office trends, Bloomberg reported.The tracking places Bevi in the middle of a debate between remote workers and their employers.As companies adjust to a world of remote and hybrid work schedules, an unusual tool is emerging to help businesses keep track of their workers - the water cooler.
Rail Workers Demand "Immediate Action" From Lawmakers to Rein In Rail Industry
Workers say preventing future crashes like the one in East Palestine could be simple, if lawmakers choose to act.Balloons are placed next to a sign displaying information for residents to receive air-quality tests from Norfolk Southern Railway on February 16, 2023, in East Palestine, Ohio.Michael Swensen / Getty Images Railroad workers are warning that, if policymakers don't act soon to rein in the rail industry with better regulations and protections for workers, there will be far more crashes like this month's disaster in East Palestine, Ohio.
Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78
Before the era of swashbuckling corporate raiders rained riches and fear on Wall Street, there was Thomas H. Lee.A private equity titan earlier than practically anyone else, Mr. Lee, through his firm, Thomas H. Lee Partners, cemented Boston as a hub of financiers who took over companies, slashed costs and resold them quickly for profit.
Peter Schiff Says Bitcoin Still Has a Long Way to Fall Values BTC at $10K Markets and Prices Bitcoin News
Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX.He also believes that $10K is the real price of bitcoin, warning that The lion's share of the selling has not even started yet.Schiff Predicts Bitcoin Still Has a Long Way to Fall' Gold bug and economist Peter Schiff has warned in a series of tweets about the price of bitcoin falling a long way from its current level.
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa Press release Bitcoin News
PRESS RELEASE.Internet City, Dubai, Nov. 11th, 2022 Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa.LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more.
Rail Workers Demand "Immediate Action" From Lawmakers to Rein In Rail Industry
Workers say preventing future crashes like the one in East Palestine could be simple, if lawmakers choose to act.Balloons are placed next to a sign displaying information for residents to receive air-quality tests from Norfolk Southern Railway on February 16, 2023, in East Palestine, Ohio.Michael Swensen / Getty Images Railroad workers are warning that, if policymakers don't act soon to rein in the rail industry with better regulations and protections for workers, there will be far more crashes like this month's disaster in East Palestine, Ohio.
Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78
Before the era of swashbuckling corporate raiders rained riches and fear on Wall Street, there was Thomas H. Lee.A private equity titan earlier than practically anyone else, Mr. Lee, through his firm, Thomas H. Lee Partners, cemented Boston as a hub of financiers who took over companies, slashed costs and resold them quickly for profit.
Peter Schiff Says Bitcoin Still Has a Long Way to Fall Values BTC at $10K Markets and Prices Bitcoin News
Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX.He also believes that $10K is the real price of bitcoin, warning that The lion's share of the selling has not even started yet.Schiff Predicts Bitcoin Still Has a Long Way to Fall' Gold bug and economist Peter Schiff has warned in a series of tweets about the price of bitcoin falling a long way from its current level.
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support the Development of Web3 in Africa Press release Bitcoin News
PRESS RELEASE.Internet City, Dubai, Nov. 11th, 2022 Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa.LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more.
Greenwich Socialite Sentenced to One Year in Prison for Secret Videos of Minors
A Connecticut socialite whose criminal case continues to be sealed from the public was sentenced on Tuesday to one year in prison for secretly recording videos of three minors in intimate situations.Hadley Palmer, 54, of Greenwich, did not make any statement during her sentencing hearing, according to The Associated Press.