Browsing: Hedge Funds
In the first half of the year, 449 U.S. companies were subject to demands from activist investors, a 9% jump…
It’s not every day that a firm tells shareholders to disavow any and all comments from its parent company’s largest…
Hedge fund billionaires Ken Griffin and Paul Singer met with Trump about donating to his campaign despite past criticism
Ken Griffin and Paul Singer, Republican billionaires who have criticized Donald Trump, met with the former president to discuss donating…
Billionaire hedge funder sipped a drink as he was found criminally responsible for $100 billion in shareholder losses
The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities and market…
Southwest Airlines tagged in a billionaire board member, infuriating one of its investors
Southwest Airlines Co. appointed aviation industry veteran Rakesh Gangwal to its board, an effort to fortify the carrier’s leadership amid…
Hedge fund billionaire Ken Griffin, a top GOP donor, gives $500,000 to Miami-Dade County’s Democratic mayor
Ken Griffin, a major donor to Republican politicians, is backing the reelection of Miami-Dade County’s Democratic mayor, as the founder…
Ken Griffin is hitting pause on the AI hype, saying he’s unconvinced the tech will start replacing jobs in the next 3 years
It’s been more than 18 months since ChatGPT’s debut sparked a rally that propelled AI chipmaker Nvidia to a $3…
Legendary shortseller Jim Chanos allegedly used firm as a ‘piggy bank,’ raking in millions for himself and his girlfriend, partner claims
Jim Chanos, the short seller who made his name and fortune on Enron Corp.’s demise, was sued by a partner…
Archegos hedge fund founder Bill Hwang goes on trial for allegedly inflating stock values before a meltdown that cost banks and brokerages over $100bn
A prosecutor portrayed Bill Hwang, the founder of Archegos Capital Management, as a greedy man hoping to become a Wall…
The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86
Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm,…












