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PIMCO has raised $5.5 billion for private credit funds despite a hellacious...
Credit funds, especially those with exposure to structured credit like mortgage-backed securities, were flattened in a disastrous March, and many were forced to sell at a loss to meet margin calls from...
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Blackstone's real-estate dealmakers; the investment banker of the future
Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week. If you aren't yet a subscriber to Wall Street Insider, you...
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Ben Axler, founder of $330 million short-seller Spruce Point Capital, lays...
While the stock market has bounced back from its March collapse, Ben Axler, founder of $330 million short-seller Spruce Point Capital, believes there's still a correction to come. He's eyeing the...
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More remote work, less travel, and a new appreciation for work-life balance:...
The the coronavirus pandemic has caused financial services companies, like many other industries, to adjust in record time to new working conditions.From having to adjust to working from home to...
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Hedge funds posted their best month since the financial crisis in April amid...
Hedge funds notched their best month in more than a decade in April as the broad market rally lifted nearly all risk assets from late-March lows.Eurekahedge's Hedge Fund Index jumped 3.7% last month,...
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Bill Ackman turned a $27 million bet into $2.6 billion in a genius...
The hedge fund billionaire Bill Ackman is among few who minted a multibillion-dollar profit during the throes of the coronavirus pandemic. The famed investor turned a relatively modest $27 million bet...
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A billionaire investor dubbed 'the next Warren Buffett' took $300 million...
Hedge-fund billionaire Seth Klarman, widely seen as "the next Warren Buffett," bought into Google and Facebook in the first quarter.Klarman's Baupost Group revealed an almost $350 million stake in...
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Jim Simons' Renaissance pulled $1.2 billion out of Tesla and slashed its...
Renaissance Technologies cut its Tesla, Amazon, and Starbucks holdings in the first quarter.The quantitative hedge fund, founded by Cold War codebreaker Jim Simons, sold more than 80% of its Tesla and...
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Macro managers have been the stars of the pandemic-stricken markets. Here's a...
April was another strong month for some of the biggest macro managers in the business, including Alan Howard, Paul Tudor Jones, Greg Coffey, and more.Unlike other types of investors, macro managers...
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Here's how massive hedge funds like Man Group and Bridgewater are blending...
"Quantamental" is gaining hype on Wall Street. It's a type of investing strategy that tries to blend the best of quant funds and fundamental analysis.Bringing the two disciplines together is a feat in...
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Warren Buffett, George Soros, and other billionaire investors made big moves...
Billionaire investors including Warren Buffett and George Soros made striking changes to their portfolios last quarter.David Einhorn's Greenlight Capital took a stake in Disney, Dan Loeb's Third Point...
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$7 billion hedge fund WorldQuant is bringing on the former top quant at...
Former Goldman partner Gary Chropuvka will become the president of WorldQuant later this year, the $7 billion quant fund said.Chropuvka was the head of Goldman's massive Quantitative Investment...
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Tens of billions in redemptions, hundreds of billions in losses: Here's a...
March's hellacious month for hedge funds can be seen through the stark redemption numbers: more than $85 billion was pulled out in a single month, most since the last financial crisis.BarclayHedge also...
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Hedge fund bear Crispin Odey says personal gold ownership could become...
Central banks might outlaw private gold ownership and use the metal to stabilize currencies, hedge fund manager Crispin Odey said in a letter seen by Bloomberg.The notoriously bearish investor added to...
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A crypto investor lost nearly $250,000 after his chosen fund collapsed during...
An investor in cryptocurrency hedge funds saw nearly 99% of a $250,000 investment wiped out after his chosen fund collapsed during the market meltdown."I don't really know what happened," Vlad Matveev...
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RBC pinpoints 11 stocks loved by hedge funds that have beaten the market...
RBC's Lori Calvasina tracked the top holdings of hedge funds at the end of the first quarter and found that many were playing defense with investments in mega-cap growth stocks.Those hedge fund...
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Citadel just poached Two Sigma's data chief for its tech team — and it's the...
Citadel is adding Two Sigma's Andrew Janian, the $60 billion quant fund's former chief information officer and data chief, to its tech team.Ken Griffin's fund has poached several big names from Wall...
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These 10 stocks were most frequently ditched by hedge funds in the first...
Hedge funds rotated portfolios in the first quarter, buying winners and selling losers as the coronavirus pandemic roiled markets.A Wednesday report by Lori Calvasina — head of US equity strategy at...
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These 10 stocks were most frequently ditched by hedge funds in the first...
Hedge funds rotated portfolios in the first quarter, buying winners and selling losers as the coronavirus pandemic roiled markets.A Wednesday report by Lori Calvasina — head of US equity strategy at...
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Billionaire investor Bill Ackman pitched Elon Musk to move Tesla's HQ to a...
Billionaire investor Bill Ackman wants to cash in if Elon Musk relocates Tesla's headquarters.Ackman's Pershing Square fund owns almost 30% of Howard Hughes, a developer of master-planned...
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