Independent research firm Hedgeye Risk Management has filed a lawsuit against a financial-TV personality and hedge fund manager in federal court alleging theft of the outfit's proprietary analysis by a former company executive that is also subject of litigation, FOX Business has learned.
Stock markets’ selloff in January dealt double-digit losses to a range of hedge funds investing in technology and other fast-growing companies, sparking questions about whether a popular and lucrative strategy for these firms is running out of steam.
The world's 20 best-performing hedge funds earned $65.4 billion for clients in 2021, setting a new record as stock markets marched higher despite rising prices and coronavirus cases, LCH Investments data show.
Billionaire investor and Och-Ziff Capital Management founder Daniel Och has reportedly sold his pied-à-terre at 220 Central Park South for big bucks.
John Paulson’s wife found out that her billionaire hubby had filed for divorce and run off with a woman half his age the same way all New Yorkers find out the juiciest news — by reading about it in Page Six, sources said.
Billionaire Leon Cooperman and his wife Toby have donated $100 million to a New Jersey hospital
The United States government sold "Pharma Bro" Martin Shkreli's unique Wu-Tang Clan album this week, more than three years after the former hedge fund manager and pharmaceutical executive was convicted of securities fraud.
Shapewear giant Spanx has reportedly put out feelers over the prospect of selling, according to a report from The New York Times.
Billionaire hedge fund manager Bill Ackman has agreed to buy 10% of Universal Music Group for about $4 billion.
Hedge-fund billionaire William Ackman's special-purpose acquisition company is nearing a transaction with Universal Music Group that would value the world's largest music business at about $40 billion, people familiar with the matter said.
Billionaire hedge fund manager Bill Ackman has amassed a nearly 6% stake in Domino’s Pizza Inc. while exiting his position in Starbucks Corp.
Credit Suisse Group AG amassed more than $20 billion of exposure to investments related to Archegos Capital Management, but the bank struggled to monitor them before the fund was forced to liquidate many of its large positions, according to people familiar with the matter.
Hedge fund manager David Einhorn “half-heartedly” defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares.
Goldman Sachs Group Inc (GS.N) executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.
BOSTON - Melvin Capital, the hedge fund at the center of the GameStop GME.N trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity
Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.
Toshiba Corp. said Wednesday that it has received an acquisition proposal from private equity firm CVC Capital Partners
Before his epic collapse this week losing an estimated $8 billion or possibly in 10 days, hedge fund trader Bill Hwang increased the size of his fortune a staggering 900% or more in just seven years.
The $10 billion hedge fund, run by Bill Hwang, was forced to liquidate positions last week, causing extreme swings in a number of stocks, including Discovery and ViacomCBS, according to reports.
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions.