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Billionaire Seth Klarman blames low rates and 'capitalist excess' for his...
Billionaire Seth Klarman's annual letter to investors touched on topics such as private equity's pile of unused money, modern monetary theory, WeWork, and foreign policy in the Middle East.The 17-page...
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After a $1 billion launch, Diamondback founders Richard Schimel and Larry...
Cinctive Capital, the new $1 billion fund from Diamondback founders Richard Schimel and Larry Sapanski, lost money in its first quarter of trading, sources tell Business Insider.The fund, which is...
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Hedge funds are flocking to Miami this week in search of new money — here's...
Investors streamed out of the hedge fund industry in 2019, with more than $16 billion leaving in December alone, according to data-tracker eVestment.Small hedge fund managers are facing an uphill...
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Billionaire York Capital founder and Milwaukee Bucks co-owner Jamie Dinan...
Jamie Dinan, the founder of $17.6 billion York Capital and a co-owner of the NBA's Milwaukee Bucks, told attendees of Context Summits in Miami that Japan, a post-Brexit United Kingdom, and deleveraging...
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Coronavirus fallout 'certainly ruined the environment' for market bulls,...
The threat coronavirus poses to global markets "certainly ruined the environment" for long-term investors, Appaloosa Management founder David Tepper told TheStreet on Saturday.The billionaire told CNBC...
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Billionaire hedge-fund founder Lee Ainslie is worried his generation is going...
Billionaire hedge-fund founder Lee Ainslie said that he believes his generation will be considered the "generation of greed" by young people.The founder of Maverick Capital, speaking at an Economic...
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'Money no longer finds you': New hedge funds have a short window to get...
Hedge-fund investors like university endowments and foundations require managers to take a years-long selling approach, and that's ramping up pressure on new launches hoping to make it.The more...
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Billionaire Avenue Capital founder Marc Lasry says the decision to pay...
At a New York Alternative Investment Rountable event in Manhattan on Tuesday night, Avenue Capital founder Marc Lasry discussed his purchase of the NBA's Milwaukee Bucks, which he made six years ago...
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Billionaire Bill Ackman's Pershing Square just exited its positions in...
The billionaire Bill Ackman's Pershing Square sold its stake in Starbucks in January, according to an investor presentation.The firm exited stakes in ADP and United Technologies last year. The $8.5...
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Wall Street's battle for data-science talent has gone next-level as Silicon...
There is growing demand for data-science talent across industries, and while Wall Street and other finance companies might be improving its reputation in these circles, it hasn't gotten any easier to...
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Carlson Capital's stock-picking fund drops more than 20% in a disastrous January
Carlson Capital's stock-picking fund, Black Diamond Thematic, lost more than 20% in January, according an investor document seen by Business Insider.The fund lost roughly 60% of its assets last year...
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A hedge fund betting against Tesla lost more in January than all of 2019 (TSLA)
Crispin Odey held a short position against Tesla at the end of January, The Financial Times reported Wednesday.The Odey European fund that held the position was down 11.2% at the end of the month,...
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Some big-name hedge funds are just sitting on piles of cash while their...
Billionaires like Seth Klarman and Warren Buffett are holding onto billions in cash as markets soar. Hedge-fund investors looking for diversification and uncorrelated returns are frustrated by the...
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Billionaire Citadel founder Ken Griffin says the US has a 'false sense of...
Citadel founder Ken Griffin said at an Economic Club of New York event on Thursday that the US ban of Huawei will lead to the US and China have two different tech realities. Europe, Griffin said, has...
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Hedge fund billionaire Ken Griffin calls markets 'utterly and completely...
Ken Griffin, the founder of the $32 billion hedge fund Citadel, considers a jump in US inflation to be among the biggest risks to financial markets and says the country shows "absolutely no...
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Billionaire Citadel founder Ken Griffin explains why he modeled his firm...
Billionaire Citadel founder Ken Griffin said the best advice he ever got was "spend your time with your strongest colleagues."Griffin said this advice goes against many people's intuition to help those...
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$160 billion hedge fund Bridgewater is projecting that a group of Asian...
Ray Dalio's Bridgewater, which runs $160 billion in assets and is the biggest hedge fund in the world, said in a new report on market conditions that a group of Asian countries, led by China, are set...
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Ray Dalio says Wuhan coronavirus is having an 'exaggerated effect' on...
Hedge-fund billionaire Ray Dalio said Wuhan coronavirus has had an outsized impact on markets and will blow over soon.The Bridgewater Associates boss argued the flu-like illness "probably had a bit of...
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Hedge fund giant Ken Griffin highlights the 4 key qualities a company needs...
Hedge fund billionaire Ken Griffin expects direct listings to grow even more popular in 2020, but noted that not all firms are meant for the unconventional approach to public markets.Companies eyeing...
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These are the 5 hedge fund managers who took home more than $1 billion last year
The top 15 hedge fund managers collectively earned $12 billion in 2019, with the top five taking in more than $1 billion each, according to Bloomberg estimates.The hedge fund industry generally...
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