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JPMorgan's Highbridge Capital is unwinding a $2 billion fund and now turning...
JPMorgan's Highbridge Capital believes investors want more specialized hedge funds, so it is shutting down its $2 billion multi-strategy flagship fund.Three of the four lead portfolio managers will...
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The quiet rock stars of hedge funds are data junkies, and they're in such...
At BattleFin's two-day conference in New York last week, 150 alternative-data companies jockeyed for the attention of data buyers from hedge funds like Credit Suisse's QT Fund, ExodusPoint, Millennium,...
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'Wizard of Oz' Greg Coffey's new fund is up nearly 7% so far this year as he...
Greg Coffey, the former star trader at GLG Partners and co-chief information officer of Moore Capital, is nicknamed the "Wizard of Oz."His new fund returned 6.9% year to date through the end of May,...
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One of this year's top hedge funds has been $7 billion Melvin Capital run by...
Gabe Plotkin's $7 billion Melvin Capital has notched returns over 35% through May, sources say, after finishing last year down 7%.Plotkin's fund, which was launched at the end of 2014 with a $200...
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In its return to the Bellagio, Scaramucci's SALT conference shuns hedge funds...
The 10th edition of Anthony Scaramucci's SALT conference brought nearly 2,000 people to Las Vegas' Bellagio hotel this week and diverted from its prior focus on just hedge funds.Politicians, not hedge...
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One of this year's top hedge funds has been $7 billion Melvin Capital run by...
Gabe Plotkin's $7 billion Melvin Capital has notched returns over 35% through May, sources say, after finishing last year down 7%.Plotkin's fund, which was launched at the end of 2014 with a $200...
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Hedge funds are failing left and right and billionaire investors say the...
Hedge funds got out to a roaring start in 2019, but have slipped since, with the average fund underperforming the overall market.Investors, many of whom put up with net losses in their hedge fund...
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Bridgewater's Ray Dalio struggled with finding his successor. For billionaire...
Big names like David Tepper and Leon Cooperman have opted to close their hedge funds instead of transitioning their business to new management, but investors see more and more founders planning for...
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The hedge fund industry has a problem with managers cherry-picking...
The CFA Institute released new performance-reporting standards on Tuesday, and the $3.2 trillion hedge fund industry will have to decide if it wants to opt in to the updated rules.Industry watchers say...
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Hedge funds are getting swamped by alternative data. Some want to fast-track...
New alternative data companies are popping up everyday, and hedge funds are getting overwhelmed by choice. Some have developed a way to evaluate data more quickly.Two hedge funds, Balyasny and...
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A billionaire hedge fund manager and his wife maintained social and...
Glenn Dubin and his wife, Eva Andersson Dubin, have been friendly with disgraced financier Jeffrey Epstein for decades.A Business Insider investigation revealed new ties between the Dubins and Epstein,...
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Former Bain & Co. and Sagard Capital partners are launching a...
The former Bain & Co. and Sagard Capital executives Anil Shrivastava, Dan Friedberg, and Michael Braner are raising $400 million for a hedge fund called 325 Capital, sources told Business...
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Tech companies have raised billions of dollars from outside of venture...
As venture capital-funded companies get bigger, large investors outside of Silicon Valley like Fidelity, Wellington Management and T. Rowe Price are doing more funding in the last stage of private...
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Ken Griffin's Citadel is losing a longtime money-manager and the COO of its...
Faron Schonfeld, COO of the Citadel's global equities arm, and Brian Conn, a longtime portfolio manager, are both leaving Ken Griffin's firm, sources tell Business Insider.Citadel has wooed several...
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Lone Pine Capital stock-pickers explain why they're investing in Tiffany and...
$19 billion hedge fund manager Lone Pine Capital categorizes companies as young disruptors, disrupted, or "compounders" when deciding whether to go long or short.Young disruptors include recently...
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Humans are beating machines, and Pershing Square and Greenlight are crushing...
Bill Ackman's Pershing Square, David Einhorn's Greenlight Capital, and $1.4 billion 12 West Capital Management are some of the hedge funds that are flying high so far this year. Quants haven't exactly...
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BlueMountain's head of fundamental credit is leaving the firm. Here's one of...
$18.5 billion hedge fund manager BlueMountain is losing its head of fundamental credit, Omar Vaishnavi, who has been at the firm for a decade.Vaishnavi led three teams — distress and special...
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BlueMountain's biggest backer is reportedly considering a sale of its...
Affiliated Managers Group, an asset manager that partners with and takes stakes in other money managers, is considering selling its majority stake in $18.5-billion hedge fund BlueMountain, Bloomberg...
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AMG is offloading its majority stake in struggling hedge fund BlueMountain...
Affiliated Managers Group sold its majority stake in Andrew Feldstein's BlueMountain Capital to Assured Guaranty, a Bermuda-based municipal bond and infrastructure insurer, for $91 million.The deal is...
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BlueMountain's new owner just revealed what the future holds for the...
An investor presentation from Assured Guaranty outlines the focus for Andrew Feldstein and his BlueMountain team at their new owner. BlueMountain will have a bigger focus on collateralized loan...
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