Stock-picking billionaires like Bill Ackman and Lee Ainslie are soaring while...
Summary List PlacementThe winners and losers of hedge-fund world of 2020 may look very different after the next quarter.With the election and the ongoing pandemic, there will be no shortage of...
View ArticleA portfolio manager at $20 billion Lone Pine says value investing is alive...
Summary List PlacementValue isn't dead, it's just changed its name and appearance.This is what Lone Pine Capital's Mala Gaonkar argued in a Milken Institute-hosted panel Wednesday morning. The $20...
View ArticleWall Street heavyweights profited as the market melted down in February after...
Summary List PlacementWall Street investors knew of private concern about the coronavirus within the Trump administration and used the knowledge to position for the following market plunge, The New...
View ArticleInside the alumni network of billionaire Israel Englander, the founder of $46...
Summary List PlacementOne could argue that Millennium Management's greatest advantage over other hedge funds is its ability to keep talented people in-house.The massive hedge fund — which manages some...
View ArticleInside the sprawling network of hedge fund spin-offs from Israel Englander's...
Summary List PlacementOne could argue that Millennium Management's greatest advantage over other hedge funds is its ability to keep talented people in-house.The massive hedge fund — which manages some...
View ArticleWe've been tracking big hires and exits across Wall Street. Here's a look at...
Summary List PlacementThere's been a mad dash for talent as Wall Street firms quickly overhauled their 2020 playbooks.Equity and debt trading have surged as a result of the financial turmoil caused by...
View ArticleBillionaire Ken Griffin's Citadel just turned 30. Read the anniversary note...
Summary List PlacementBillionaire Ken Griffin describes his younger self as being "woefully short on experience and expertise" when he started Citadel 30 years ago with roughly $5 million in...
View ArticleA rising star from billionaire Philippe Laffont's Coatue is starting his own...
Summary List PlacementA rising star from billionaire Philippe Laffont's Coatue is set to become the latest addition to the extensive Tiger Management family tree. Peter Zhou, a former senior managing...
View ArticleNick Maounis' $2 billion Verition Fund Management is up more than 22% —...
Summary List PlacementNick Maounis' Verition Fund Management has surged this year despite the pandemic, ongoing market volatility and the US election.Sources tell Business Insider that the...
View ArticleBillionaire Bill Ackman calls for Trump to concede: 'Think about your legacy...
Summary List PlacementBillionaire investor Bill Ackman is urging President Donald Trump to concede the election and unite the country following his loss to President-Elect Joe Biden.Ackman tweeted at...
View ArticleA $330 million short-seller alleges Fortune 500 company Avery Dennison is...
Summary List Placement$330 million short-seller Spruce Point Capital has a new target in its sights: Fortune 500 manufacturer Avery Dennison.Avery Dennison, a California-based label-and-tape-maker, has...
View ArticleA Harvard undergrad explains how she extended her internship with $58 billion...
Summary List PlacementFor 19-year-old Claire Zhou, life has been a lesson in the art of substitutions during the coronavirus pandemic.Zhou, who finished her first year at Harvard University this spring...
View Article$42 billion Tiger Global is trying to diversify its staff — and its hired a...
Summary List PlacementThe insular world of hedge funds is slowly trying to crack open its doors. Long dominated by white men with Ivy League educations, the more-than-$3-trillion industry has struggled...
View ArticleBillionaire investor Bill Ackman is hedging the pandemic again after raking...
Summary List PlacementBill Ackman has insured his Pershing Square hedge fund against a surge in corporate defaults after making $2.6 billion on a similar bet in the spring, according to the Financial...
View ArticleSchonfeld is raising money for its $2.2 billion fundamental equity fund. Here...
Summary List PlacementSchonfeld Strategic Advisors wants more money.The $5.8 billion hedge-fund manager is in the process of raising more capital for its $2.2 billion Fundamental Equity Fund, according...
View ArticleSoftBank CEO Masayoshi Son racked up a $3.7 billion loss trading daily moves...
Summary List PlacementSoftBank's new trading arm, SB Northstar, led by CEO Masayoshi Son, posted $3.7 billion in losses as bearish derivatives bets on tech stocks floundered, the Financial Times...
View ArticleBitcoin has helped billionaire Paul Tudor Jones put up above-average returns...
Summary List PlacementBillionaire Paul Tudor Jones is riding the bitcoin wave. The founder of Tudor Investment Corporation and manager of the $3.7 billion BVI Global fund is up more than 9% for the...
View ArticlePalantir jumps 18% after Steve Cohen's Point72 discloses 30-million-share...
Summary List PlacementPalantir jumped as much as 18% to record highs on Tuesday after 13-F filings revealed large stakes scooped up by hedge funds like Steve Cohen's Point72 and Daniel Loeb's Third...
View ArticleHEDGE FUND COMP: How much engineers, associates, and researchers are paid at...
Summary List PlacementFor many Wall Street aspirants, a career at a top hedge fund is the holy grail. For those who succeed, compensation has the potential to eclipse nearly any other profession in the...
View ArticleWall Street is seeing an adoption surge for complex forms of AI. But firms...
Summary List PlacementFinancial firms are putting more resources towards using complex forms of machine learning. And that means they'll also need to develop ways to better understand the tech and...
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