Billionaire bond fund manager Jeffrey Gundlach is considering packing his bags to escape the “incompetent governance” of California.
Billionaire Ray Dalio's philanthropy unit is being accused of bad behavior.
A hedge fund founder was arrested Thursday on charges that he defrauded creditors of the luxury department store chain Neiman Marcus by pressuring an investment bank not to bid against his hedge fund in buying securities from the creditors.
Chatham said Friday that it plans to offer employees at the 30-newspaper chain their current jobs with the same pay and benefits, and it will honor collective bargaining agreements.
Former Bridgewater Associates co-Chief Executive Eileen Murray filed suit against her ex-employer on Friday, alleging Bridgewater is withholding $20 million to $100 million in deferred compensation because she has disclosed a gender-discrimination dispute she is involved in with the firm.
Bridgewater, the world’s largest hedge fund, made cuts in its research department and client-services team as well as among its recruiters
Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the coronavirus.
A court filing on that matter was made public Monday.
Other bids for the team have come in lower
The city's 4% unincorporated business tax raises about $2 billion a year for the city by taxing investment-fund managers, law firms and other individually owned businesses, based on the portion of sales or services performed within the city.
William Ackman's hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into a number of companies he already owned and dumped Warren Buffett's Berkshire Hathaway among other stocks.
Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point LLC, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent its investors.
Hedge funds recorded gains in April when stocks posted their biggest monthly return in decades.
Citadel makes a key disclosure on Tesla.
SkyBridge submitted redemptions of more than $1 billion to managers in order to pay back its investors and shift around its investments after the fund suffered a 23 percent loss in March.
SkyBridge Capital founder Anthony Scaramucci says Citigroup's private bank "issued a sell" on his flagship fund.
If small businesses don't have access to the stimulus funds, they will increase layoffs — many of these employees are minorities and all of them working-class Americans — or face bankruptcy, as is happening today.
The wealthiest people in the world have seen especially dramatic losses: According to the Bloomberg Billionaire Index, the world’s 500 richest people have lost almost $1.3 trillion
Coronavirus made billionaire Jeffrey Gundlach do something he hasn't done in years.
The world’s largest hedge-fund firm took a big hit to its funds as it got caught out by the market impact of the coronavirus