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.
Higher Rates: Winners And Losers In The Hedge Fund Industry
After more than a decade of near-zero short-term interest rates, investors can once again earn a meaningful return on cash and short-term Treasury securities. While investors typically associate rising rates with declining asset values, the impact…
Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation
Carnegie Mellon University will receive an unprecedented $3bn donation from the billionaire investor Ken Griffin, making it the largest single donation in the history of US education. Griffin, 57, is the founder and CEO of Citadel, described as the…
Brightline Offers 4.75% Equity Stake to Lure Hedge Fund Holdouts
Brightline agreed to give creditors that own its corporate debt at least a 4.75% equity stake in its reorganized business, as well as other incentives, as part of a deal to get the holdouts to back its Chapter 11 restructuring plan. The bankrupt…
These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund 'Basis Trades' & Money Market Funds Fit In
The size of the repo market has ballooned to over $13.5 trillion in outstanding agreements daily, according to the government's Office of Financial Research (OFR). Via the repo market, financial institutions borrow from, and lend to, each other…
Who is Ken Griffin? Hedge fund CEO donating $3B to bring Carnegie Mellon to Miami
Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said the…
Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to build Miami campus
Carnegie Mellon University announced Wednesday that hedge fund CEO Ken Griffin is donating $3 billion, with the bulk of the money for a new campus in Miami focused on societal challenges. The Pittsburgh-based private research university said the…
Hedge fund CEO Ken Griffin donates $3 billion to Carnegie Mellon as part of his bet on Florida - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
(CNN) — Billionaire hedge fund manager Ken Griffin is doubling down on Miami, announcing on Wednesday a $3 billion donation to help fund a new campus for Carnegie Mellon University in the city. The staggering amount is the largest-ever gift…
Billionaire Ken Griffin's latest Miami push: $2 billion for a top-tier school to open a South Florida campus
Successful cities and top-tier universities often exist symbiotically. Stanford has fueled the rise of Silicon Valley. Harvard and MIT have made Boston a top-notch research city. A pipeline of public-policy wonks from Georgetown and George…
Marshall Wace Says Citadel Has 'Burdensome' Demand in Shatz Case
Marshall Wace, a UK hedge fund firm, said that Citadel was demanding too much information as part of an ongoing legal battle over the British company's recruitment of a former Citadel portfolio manager as its global credit head. The UK firm said in…
Bank of England Warns Gilt Market Faces Growing Spillover Risks
The Bank of England warned that elevated hedge fund leverage in gilts, alongside exposure to artificial intelligence assets and corporate debt, raise the risk of stress spilling across markets. That leaves markets more vulnerable to strains that…
The U.S. just made it much easier for retail investors to access private markets
The SEC on Wednesday approved plans to further open up private markets to individual investors. The proposals could allow managers to charge higher performance fees in retail-focused products, and more accredited investor licenses for individuals.
Investors Stung as Favorite European Swap-Rates Trade Flops
One of Europe's most popular interest-rate wagers in recent years took a fresh hit last month as the latest spike in global energy prices drove a surge in short-term bond yields. Hedge funds are among the investors who clung to — or piled…
Prediction: A Stock Market Crash Is Coming. Here's the 1 Growth Stock I'd Buy Anyway.
The S&P 500 index currently trades at 26.3 times earnings. That's well above its long-term average of roughly 16 times earnings. Does that mean a market crash is coming? Not necessarily. Rising corporate profit margins have pushed market…
S. Korea ordered to pay nearly $50 mil. to Elliott over Samsung merger case
South Korea has been ordered to pay nearly $50 million in compensation to U.S. hedge fund Elliott Investment Management over the 2015 merger of two Samsung affiliates, the justice ministry said Thursday. An international tribunal ordered the South…
Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
The turmoil in global bond markets intensified on Thursday amid fears that the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high. The threat of a renewed round of inflation from the…
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