Hedge Funds

James Simons left behind a legacy in mathematics, finance and philanthropy as well as a massive personal fortune and a yacht when he passed away at age 86 last week.

Angelo Gordon & Co is raising a new fund to invest in corporate-debt securitie. saying it believes worry over default has created screaming deals in the bond market.

Investors rethought putting their money into hedge funds, leading to a net outflow of $55 billion in assets, making it the largest capital flight from the industry since 2016.

The hedge fund firm, which manages $59 billion in assets, told investors its flagship Wellington fund returned roughly 32% through the end of November.

The employees worked at Alameda Research, and were some of Bankman-Fried's earliest colleagues, including Alameda’s co-founder, Tara Mac Aulay. Both FTX and Alameda are now bankrupt.

This 'unvarnished' and 'unauthorized' book about billionaire Wall Street Hedge fund investor Ray Dalio and Bridgewater is scheduled for next fall.

Greg Abel, vice chair of billionaire Warren Buffet's Berkshire Hathaway, purchased 168 class A shares at prices between $405,800 and $408,514.01 per share, worth almost $70 million

Disney CEO Bob Chapek has rejected activist investor Daniel Loeb's call for the media company to sell or spin off ESPN, saying he has plans for the network.

Under Julian Robertson Jr.'s leadership, Tiger Management LLC brought in annual gains of about 25%. He found success early on in his career on Wall Street.

The SEC is investigating Melvin Capital Management's risk controls and investor disclosure after the hedge fund was crippled by the meme-stock rally last year.

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.