Early last year, Alex Virolle, a Paris-based managing director at Goldman Sachs, had to make an unwelcome call to one of his superiors in New York. A talented banker who reported to him was quitting.
A prominent hedge fund that fell by double digits in the first quarter is already near breakeven for the year.Glenview Capital Partners was off 10.13 percent for the first three months of the year ...
Discovery Capital Management’s three-year surge took a breather last month.The hedge fund headed by Tiger Cub Robert Citrone reported a 4.1 percent loss for March, according to its latest monthly ...
With AI-related stocks accounting for 75 percent of S&P 500 returns since ChatGPT was launched in 2023 — along with 80 percent of earnings growth and 90 percent of capital spending — there’s little ...
For the fifth consecutive year, trading activity in short-dated commodity options has set a new record. In 2025, the total average daily volume (ADV) for weekly options reached 79 ...
There were changes again this week to the leadership of the Alberta Investment Management Corp., with few details about why or how. In a statement on Monday, AIMCo, the $125 billion institution that ...
A stock that has mostly been off the radar of Greenlight Capital was the hedge fund’s biggest winner in the first quarter and has cracked the firm’s top-five holdings for the first time.In its ...
Real estate has underperformed for approximately two years due to soaring interest rates, high inflation, and a significant housing supply shortage. But now that real estate is back on top again, ...
TCI Fund Management is off to a rough start in 2026 after a significant drop in March. The London-based hedge fund headed by Chris Hohn was down 11.9 percent, a bigger loss than those of many other ...
The Acker family, the descendants of the founder of Sleepy’s, a mattress brand founded in Brooklyn, New York, in 1931, sold their remaining stake in the company as part of a sale to Mattress Firm in ...
The California Public Employees' Retirement System has hired a new chief investment officer. Stephen Gilmore, CIO of the New Zealand Superannuation Fund, a sovereign wealth fund owned by the New ...
A veteran allocator who managed the Robert Wood Johnson Foundation’s portfolio for 20 years is temporarily coming out of retirement to oversee a New York-based philanthropic organization’s portfolio ...