Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Brian Kahn Pleads Guilty to Defrauding Hedge Fund Investors
Brian Kahn, the former chief executive of Franchise Group Inc., pleaded guilty to defrauding hedge fund investors of about $300 million, a scandal that hastened the collapse of the retail company he built. At a hearing Wednesday in federal court in…
JPMorgan Alums' Hedge Fund Advised Altice on Asset-Shifting Deal
Billionaire Patrick Drahi and the management team of Altice International turned to an unusual adviser to obtain new financing after shifting most of its assets out of creditors' reach: a hedge fund founded by former JPMorgan Chase & Co. bankers.
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This Hedge Fund Founder Helped Fuel Opendoor's Meme Rally. His Next Target Is Nextdoor
Shares of neighborhood network Nextdoor took off Wednesday after hedge fund founder Eric Jackson posted bullish comments about the company on social media. Jackson's previous comments about Opendoor Technologies and Better Home & Finance helped…
BofA notes hedge funds join retail in selling, while institutions keep buying
Bank of America posted an investor note that points to a market marked by resilience in index performance but caution beneath the surface. The S&P 500 (SP500) advanced 0.3% last week, yet the financial institution reported that its…
Hedge fund resurgence as CBA short fuels bumper month
Resource stocks and shorting Commonwealth Bank were among the winning trades for some of Australia's top hedge funds in November as they profited from the brutal technology-led market sell-off that caught out many of their long-only rivals.
This French hedge fund is on a growth tear. Defying industry norms is part of its secret sauce.
Over the last few years, multistrategy hedge funds have actually been on a tear, hoovering up numerous billions in possessions from financiers and enjoying their personnel lineups balloon. One issue such companies deal with: How do you keep a…
Top female fund managers share their stock picks
Top performing female fund managers have revealed their best stock picks for Future Generation Woman for 2026, spotlighting companies that back female safety, digital inclusion and long term economic opportunity. Minotaur Capital's Armina…
Supreme Court Weighs Opening Investment Funds to More Suits
The US Supreme Court grappled with whether to let investors broadly use an 85-year-old law to sue funds over their management decisions in a case being closely watched on Wall Street. Hearing arguments Wednesday in Washington, the justices…
Opendoor Investor Sparks Near 50% Meme Rally in Nextdoor Stock
Nextdoor Holdings Inc. shares surged as much as 49% early Wednesday, the most in over four years, as the man behind the retail-driven rally in names like Opendoor Technologies and Better Home & Finance Holding Co. took a bullish stance on the…
Pass the chablis, the investment bank Christmas party is back
The investment bank office Christmas party has died more deaths than Lazarus. The global financial crisis, the pandemic, even any whiff that juicy details from the party will be splashed across the front page of a newspaper, is enough to put a stop…
NXDR: Nextdoor could be the last meme stock of 2025. Here's why
As the year winds down to a close, with just three weeks left on the calendar, Nextdoor may be the next, last, big meme stock of 2025. Here's why. On Wednesday, Nextdoor Holdings Inc. (NXDR) shares rose 49% in early trading, the most in over four…
Big global investors see gold in AI but don't buy the rush
ABU DHABI, Dec 10 (Reuters) - Big investors attending Abu Dhabi Finance Week voiced concern over the high valuations attached to AI-related companies but said that investment in the infrastructure crucial to the sector's long-term success cannot be…
Opendoor investor sparks near 50% meme rally in Nextdoor stock
(Bloomberg/Stephanie Hughes) — Nextdoor Holdings Inc. shares surged as much as 49% early Wednesday, the most in over four years, as the man behind the retail-driven rally in names like Opendoor Technologies and Better Home & Finance Holding…
This Luxury Brand Just Reached Unicorn Status, According To Resale Index Clair Report
An Hermés Birkin bag holds its value year after year Tariffs have come for your wallet—literally and figuratively. Those shopping for luxury goods like wallets, bags and fine jewelry have seen the impact of global tariff changes…
The world's biggest investors are split on who wins from AI spendathon
Vanguard and BlackRock, the world's two largest asset managers, have outlined diverging views of how billions of dollars being invested in artificial intelligence will drive the market and which companies stand to benefit. The two asset management…
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