Billionaire investor will focus on ‘running the firm’ he founded and ‘mentoring and coaching’ new talent
Hedge fund replication ahoy
Firms strike deal to offer model portfolios of alternative assets to rich individuals
GB News owner’s acquisition of historic magazine has raised concerns over its editorial direction
Industry’s hottest sector posts first client withdrawals in seven years after weaker returns in 2023, Goldman Sachs data shows
US fund relaunch could include right to buy extra shares or stock in billionaire’s hedge fund
Hedge fund behemoth’s founders had recently struggled to agree on strategy and succession plans
Top London investor undergoes restructuring after departure this year of ex-Tiger fund manager Johnny de la Hey
Crowding down; density up
Activist and his company will pay $2mn to resolve probe launched after Hindenburg Research report
Renaissance and Marshall Wace added to positions in chipmaking giant in second quarter, filings show
Bets on US Treasuries and yen put London-based firm among big winners from early August volatility
Funds have taken aim at US regulator’s authority in challenge to rule that would have forced greater transparency
Fund eyes real estate company Howard Hughes after recent attempt to take US entity public came to abrupt halt
Greg Coffey’s hedge fund made hundreds of millions of dollars in recent sell-off
Hedge fund tells clients many supposed applications of the technology are ‘never going to actually work’
What started as a characteristically bold scheme came crashing down after a startling series of setbacks
Hedge fund manager is in pole position to buy weekly publication for about £100mn
Decision follows vastly lowered target and delay in pricing
🤷♂️🤷♂️🤷♂️🤷♂️🤷♂️
Outside backers left wondering what to do with overpriced minority piece in illiquid manager
Figure is fraction of the $25bn initially targeted by billionaire hedge fund manager
Small-cap ‘legend’ is retiring at 84 just as shares in smaller US companies are back in favour
Delay marks a setback for the billionaire hedge fund manager who hoped for one of the largest listings in history
Pershing Square USA distances itself from its CEO’s comments