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Bridgewater co-CEO Eileen Murray is leaving the $160 billion hedge fund
Bridgewater Associates co-CEO Eileen Murray is leaving the $160 billion hedge fund, according a press release published Tuesday. Murray will step down at the end of next quarter, and co-CEO David...
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Long-time Lone Pine managing director Paul Eisenstein is starting his own...
Paul Eisenstein has been an analyst for Lone Pine for 13 years, rising to become a managing director at the Greenwich, Connecticut-based fund. The firm's third-quarter letter said that he will leave at...
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PIMCO's flagship hedge fund has lost more than 14% in 2019 — a rare stumble...
The Global Credit Opportunity Fund is PIMCO's flagship hedge fund, and runs more than $3 billion. The fund has lost more than 14% this year, sources said, after making money last year. The average...
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Inside the first-ever 'Fidouchies' awards, a short-seller-created fake awards...
Short-seller Muddy Waters Capital held a screening for what it called the first annual "Fidouchies" awards — a spoof award show that celebrated financial malfeasance and criticized some of the...
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The Mets are in talks to sell 80% of the team to billionaire hedge fund...
The New York Mets' owners are in talks to sell up to 80% of the team to the billionaire hedge-fund manager Steve Cohen, Bloomberg reported on Wednesday.Bloomberg said that the deal would value the...
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Alternative data blew up thanks to desperate hedge funds looking to get an...
The constantly changing alternative data space is set for more growth in 2020, according to one data platform, but the datasets, structure, and clients will be different.After primarily selling to...
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Billionaire hedge fund manager Bill Ackman is poised to exceed 50% returns...
Bill Ackman's hedge fund is pacing itself for returns in excess of 50% through 2019 after three consecutive yearly losses.Pershing Square Capital Management posted a 3.4% gross gain for November, or...
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Banks and hedge funds may have fueled the shock surge in money market rates,...
The unwillingness of the top four US banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in US money market rates, the Bank for...
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Meet the 8 people with new ideas about data, fees, and tech who are shaking...
The hedge fund game is dominated by big players, and it can be tough for true innovators to carve out a niche. Here are eight people making their mark with new twists on fees, data, ESG investing, and...
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Outgoing Bridgewater co-CEO Eileen Murray explains how she smashed the hedge...
Bridgewater co-CEO Eileen Murray, who will leave the $160 billion hedge fund next year, told attendees at the Project Punch Card conference on Wednesday that she is "definitely going to do something"...
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A hedge fund-backed art dealer just lost an $11 million ruling to Sotheby's...
Hedge fund manager David Kowitz was ordered to pay Sotheby's roughly $6.6 million after a judge ruled against the investor in a case involving an allegedly fake painting.The lawsuit concerns the $10.8...
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Frat bros, sketchy accounting, and a regional auditor: The short-seller who...
The $67 million hedge fund Prescience Point predicted in April 2017 that the trucking giant Celadon was going to zero.Some 2 1/2 years later, the short seller's call turned out to be prescient. The...
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By 2030, the machines running a huge chunk of public markets will only be...
With 2020 quickly approaching, Business Insider is polling experts to find out what finance and real estate will likely look like a decade from now.The public markets are no longer the kingmakers they...
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We mapped 4 generations of Tiger Management descendants: it shows Julian...
Julian Robertson's network is one of the most sprawling in any industry — the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of...
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Here are the 8 hedge fund managers to watch in 2020 as investors pull...
The hedge funds to watch in 2020 are a mix of big names, newcomers looking to make a splash, and a long-time industry player giving it another shot. Big-name macro managers like Brevan Howard will be...
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We mapped 4 generations of Tiger Management's hedge fund descendants: here's...
Julian Robertson's network is one of the most sprawling in any industry — the billionaire has seeded dozens of hedge funds, many of which have had their own spin-offs, creating a web of hundreds of...
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'Uncle Jeff': Jeffrey Epstein's relationship with the 24-year-old daughter of...
The convicted pedophile Jeffrey Epstein told associates that he considered marrying Celina Dubin, the 24-year-old daughter of his ex-girlfriend Eva Andersson Dubin and the hedge-fund billionaire Glenn...
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Louis Bacon, David Tepper, and more: Here are the biggest names that said...
The $3.3 trillion hedge fund industry saw several big names call it quits in 2019, as Appaloosa founder David Tepper and Moore Capital chief Louis Bacon both decided to turn their funds into family...
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'The most anti-capitalist idea I could ever dream up': Billionaire investor...
Several countries implemented negative interest rates to boost their economies in 2019, but the billionaire investor Stanley Druckenmiller told Bloomberg TV on Wednesday that the policy tools...
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There's a huge reorg underway at M Science, the pioneer alt-data seller owned...
M Science has cut several people from its 20-person data-science team this week, sources told Business Insider, and the firm's head of sales has been demoted to a part-time role.The cuts to the...
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