hedge funds
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Business
Citadel boosts stake in James Dolan’s Sphere after Steve Cohen investment
Ken Griffin’s Citadel has boosted its stake in James Dolan’s Sphere Entertainment just weeks after another hedge fund titan, Mets…
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Business
Steve Cohen’s Point72 and Ken Griffin’s Citadel lead 2024 hedge fund rebound
Mets owner Steve Cohen’s Point72, Ken Griffin’s Citadel and Izzy Englander’s Millennium were among the top-performing hedge funds in the…
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Business
Nvidia rival Groq AI set to raise $300M in funding round
Groq AI, a buzzy startup fighting to compete with AI chip supplier Nvidia, is set to raise hundreds of millions…
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Business
Bill Ackman reportedly plans IPO for Pershing Square hedge fund
Billionaire hedge fund manager Bill Ackman is planning on taking Pershing Square Capital Management public — possibly as soon as…
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Business
Billionaire Nelson Peltz rakes in $1B after selling entire Disney stake following board fight: report
Billionaire Nelson Peltz’s Trian Fund Management has sold its entire stake in Walt Disney after a boardroom battle with the media giant,…
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Business
Archegos’ Bill Hwang lied to become Wall Street legend, causing $36B fund to collapse: prosecutors
Sung Kook “Bill” Hwang tried to trick all of Wall Street, a federal prosecutor told a Manhattan federal jury, as the…
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Business
Jim Simons, billionaire hedge fund manager, philanthropist, dies at 86
Jim Simons, the math professor who became one of the most successful hedge fund managers in history, died on Friday…
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Business
Izzy Englander’s hedge fund sued by rival who claims trade secrets were stolen
Millennium Management, one of the world’s largest hedge fund firms, was sued on Friday by rival Jane Street Group, which…
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Business
Junior bankers say they’ll quit after bonuses fall
It’s a tale of two Wall Streets. Hundreds of thousands of junior bankers are cutting back after their bonuses were…
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Business
Advance Auto Parts to add 3 new directors after Dan Loeb’s firm takes stake
Advance Auto Parts is appointing three new board members after hedge funds Third Point LLC and Saddle Point Management took positions in…
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