9 investors are set for a huge windfall as Lucid Motors speculation sends a...
Summary List PlacementSeth Klarman isn't the only big-name investor enjoying the SPAC boom.Dozens of hedge funds and money managers have pumped millions into special-purpose acquisition companies...
View ArticleBillionaire Ken Griffin is testifying before Congress about the GameStop...
Summary List PlacementIt seems that wherever you look in the GameStop frenzy, there's a Ken Griffin connection. On Thursday, Griffin will testify before Congress as part of a hearing examining the...
View ArticleRep. Brad Sherman rips into Citadel CEO Ken Griffin: 'You are wasting my...
Summary List PlacementRep. Brad Sherman accused Citadel CEO Ken Griffin of "wasting his time" during a Congressional hearing about January's GameStop stock trading frenzy on Thursday. Sherman, a...
View ArticleRead the memo Bridgewater's CEO sent staff about a leadership shake-up at the...
Summary List PlacementThe largest hedge fund is shuffling its top ranks again. Bridgewater Associates has appointed Nir Bar Dea to the newly created role of deputy chief executive, CEO David McCormick...
View ArticleWall Street people moves of the week: Here's our rundown of promotions and...
Summary List PlacementHere's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know.Shawn Joshi, the head of index credit trading at Morgan Stanley,...
View ArticleGoldman Sachs says these are the top 15 SPACs hedge funds are betting on...
Summary List PlacementThe boom in blank-check companies is showing no signs of slowing down. Roughly five special purpose acquisition companies have gone public every trading day this year, according...
View ArticleA prime brokerage exec at Bank of America responsible for helping hedge funds...
Summary List PlacementGarry Collins is out at Bank of America after a little more than two years at the firm, and is returning to his former professional home: Credit Suisse.Collins, the bank's head of...
View ArticleRay Dalio's bubble indicator finds US stocks aren't dangerously high — but 50...
Summary List PlacementRay Dalio's bubble indicator suggests the US stock market isn't dangerously high.However, it found that 5% of the top 1,000 US companies are in "extreme bubbles."It also...
View Article3 top execs at hedge fund Elliott Management have put their New York...
Summary List PlacementThree top executives from hedge fund Elliott Management are putting their multimillion-dollar New York apartments on the market. According to a report from The Wall Street...
View ArticleMaverick Capital's top stock-picker Andrew Warford is leaving the $9 billion...
Summary List PlacementLong-serving Maverick Capital executive Andrew Warford is leaving the $9 billion hedge fund. Warford, chairman of the firm's stock committee and de facto head of the fund, is...
View ArticlePointState deputy CIO Zachary Kurz is launching his own fund with $500...
Summary List PlacementZach Kurz, a former Forbes' 30 under 30 member and deputy CIO for PointState, is starting his own hedge fund, sources tell Insider.The new firm will be called Pinnbrook Capital,...
View ArticleMore than 50 hedge funds have handed Bill Ackman's SPAC $818 million to find...
Summary List PlacementSpecial-purpose acquisition companies are one of the hottest investing trends right now. SPAC launches more than tripled in 2020 compared to 2019. And roughly five SPACs have gone...
View ArticleWall Street people moves: 18 must-know hires, promotions, and exits this week
Summary List PlacementHere's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone? Let us know.The Teachers Insurance and Annuity Association of America, also...
View ArticleWhat hedge funds really think about SPACs: How a money-printing frenzy could...
Summary List PlacementHedge funds have been big winners in the blank-check-company mania that's gripped markets over the past year — to the point that some industry veterans are wary of what they're...
View ArticleGabe Plotkin's Melvin Capital gained 22% in February – but the GameStop saga...
Summary List PlacementGabe Plotkin recouped some of Melvin Capital's heavy January losses with a 22% gain in February.The hedge fund boss was at the center of the GameStop saga that shook markets in...
View ArticleThe investment chief at Perceptive Advisors lays out the $8 billion hedge...
Summary List PlacementCompared to the average SPAC sponsor, Perceptive Advisors' track record has been phenomenal. Less than a third of SPACs that took a target company public between 2015 and the...
View ArticleHedge funds run by Ken Griffin's former lieutenants had big February...
Summary List PlacementJack Woodruff's Candlestick Capital was not the hedge fund leading the headlines during late January's market volatility, but the young fund felt the pain either way.The $3...
View ArticleWall Street people moves: Promotions, exits, and hires at firms like Goldman...
Summary List PlacementEric Lane, co-head of the asset management division at Goldman Sachs and a 25-year veteran of the bank, is leaving the bank, according to a memo viewed by Insider. The news was...
View ArticleM1 Finance just raised a $75 million Series D led by Coatue after a red-hot...
Summary List PlacementM1 Finance hadn't spent a penny of its $45 million Series C it raised last October when it was approached just a few months later by investors about a possible Series D.The...
View ArticleCarlson Capital's latest investor update shows the hedge fund has lost nearly...
Summary List PlacementThe past two years have not been kind to Clint Carlson's hedge fund manager.Carlson Capital has seen its assets fall by billions while investing talent keeps heading out the door....
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