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.
Citadel and Point72 alumni to lead new Japan hedge fund
Former Citadel portfolio manager Takeo Serizawa will join a new Japan-focused hedge fund, teaming up with one-time Point72 Asset Management's Japan head, Tomohiro Yamaguchi, to tap investor interest in the country. Serizawa will become chief…
Will Russia's gold sale prompt a retreat? Hedge fund manager spurs debate
With reported gold sales by Russia's central bank, debate has emerged over whether this could mark the start of a broader retreat in the precious metal – a discussion sharpened by a Chinese celebrity hedge fund manager's remarks amid recent…
Schonfeld hires top Citadel exec Andrew Philipp to bolster senior ranks
Schonfeld is adding more firepower to its senior ranks as the firm eyes further expansion in the highly competitive multi-strategy hedge fund space. The NY-based hedge fund, which manages about $17 billion, has hired Andrew Philipp, the chief…
Litigation Finance Hits a Wall After Bets on Huge Gains Falter
Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now finding that hedge funds and other sources of capital are pulling back. The situation has led some litigation finance firms to…
Three Casinos Win Multibillion-Dollar Battle For New York City Licenses
Game On: New York Mets' owner Steve Cohen's proposal with Hard Rock Casino for Metropolitan Park includes a hotel adjacent to Citi Field. SHoP Architects Field Operations The New York Gaming Facility Location Board recommended on Monday that…
Battle for New York City Casino Licenses Reaches Final Phase
|Battle for New York City Casino Licenses Reaches Final Phase https://www.nytimes.com/2025/12/01/nyregion/nyc-casino-license.html The prolonged effort to bring casino gambling to New York City is poised to enter its final act on Monday after more…
American International Group, I (AIG) Stock Forecasts
AIG is a leading provider of insurance products in North America and internationally. The General Insurance segment offers traditional property and commercial insurance along with a number of specialty products. The company is based in New York and…
Big Short' investor Michael Burry says Tesla is 'ridiculously overvalued
Michael Burry is taking on a who's who of the world's biggest tech giants — and now he's picking a fight with Elon Musk. The investor of 'The Big Short' fame called Tesla 'ridiculously overvalued' in a post on his Substack released late…
Big Short investor mocks 'ridiculously overvalued' Tesla in shock post
READ MORE: Wall Street Oracle warns unseen bubble is about to burst Michael Burry, the famed investor at the center of the blockbuster 'The Big Short' just lobbed another grenade at Tesla. This time, he's aiming straight at the automaker's stock…
Megacap Tech Top
Has Nvidia (NVDA), along with the rest of the “Magnificent 7,” the Nasdaq 100, and the S&P 500, already peaked for the current business cycle? It's a bold proposition, but certainly possible in our view. October 29 of this year may…
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