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.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/TCY5ZYW5LFI3XNXWFZONMN2344.jpg)
Column: Oil prices soar, bullish hedge funds hold their nerve
LONDON, Oct 25 (Reuters) - Petroleum futures and options saw another influx of hedge fund inflows last week as renewed bullishness about output restrictions overcame concerns about the already-high level of prices. Hedge funds and other money…
Private Equity, Hedge Funds Accounted for Over $625 Million in Political Spending During 2020 Campaign, Study Says
Private equity and hedge funds accounted for over $625 million in political spending during the runup to the 2020 election, with the lion's share going to campaign contributions, according to new research. It was the most this segment of the…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/5LHIUNURHVL7RCUEFJZKMKIAGQ.jpg)
Blackstone's co-head of hedge fund unit McCormick to leave firm
BOSTON, Oct 25 (Reuters) - John McCormick, the co-head of Blackstone Group's (BX.N) $81 billion hedge fund unit, plans to leave the private equity firm in the coming months, a company representative said on Monday. As the world's biggest hedge fund…
WSJ News Exclusive | Co-Head of Blackstone's Hedge-Fund Business to Leave Firm, Officials Say
The co-head of Blackstone Inc.'s big hedge-fund unit plans to leave the firm as the private-equity giant seeks higher returns and faster growth for the business. Blackstone veteran John McCormick told the firm last week he had decided to resign…
Hedge Fund CIO: The Market Knows That The Fed's Next Rescue Will Be The Biggest Ever
“I do think it's time to taper,” said Jay Powell, struggling to be heard above the whir of his magnificent money machine, wet Benjamins flying off the press. $120bln per month. “But I don't think it's time to raise…
Private Equity, Hedge Funds Spent Big on Campaigns
“Private equity and hedge funds accounted for over $625 million in political spending during the cycle leading up to the 2020 election, with the lion's share going to campaign contributions,” CNBC reports. “It was the most this…
Column: Fund capitulation on U.S. bonds reaches historic levels
ORLANDO, Fla. (Reuters) - Hedge funds and speculators are dumping U.S. Treasury bonds at a pace rarely seen before, a sign of the rapidly accelerating momentum behind bets that the Federal Reserve will bring forward its first interest rate increase…
Trump SPAC Digital World Acquisition drops 10% after huge gains on social media merger news
The SPAC stock linked to Donald Trump's planned social media platform dropped in price after booking huge gains following news that it would merge with his social media company. Digital World Acquisition Corp. stock was up only slightly in price…
What Pushed Solana Prices To A Fresh, All-Time High Today?
Solana's sol token has been on fire lately, reaching a string of fresh, all-time highs in recent months as the platform generates widespread visibility. The digital currency climbed to $219.11 earlier today, according to Messari data. By this…
This Little-Known Woman Billionaire Built A Fortune Powering Fintech Firms Like SoFi And Webull
“I t should be a movie,' serial entrepreneur and investor Jenny Just says of the biggest deal of her career. The former options trader, who has started or bought 15 businesses in the past 24 years, is gearing up for her first IPO, after…
/cloudfront-us-east-1.images.arcpublishing.com/tgam/DP2255RNWNJBLHHN4YHPFPP4BY.JPG)
From zero to US$12-billion, investors chase Trump stock hype
Please log in to bookmark this story. Create Free Account Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from…
10 things before the opening bell
Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android. 1. US stocks are muted as investors wait for Facebook to kick off…
Donald Trump's SPAC could make him richer than ever with big DWAC stake
Donald Trump is set to receive a 58% stake in the post-merger Trump Media & Technology Group, Bloomberg reported. That's a $4.8 billion stake he and any partners will own based on the DWAC stock price. Trump's current net worth is $2.5 billion, the…
Is MedTech a Trillion dollar idea?
Fueled at least in part by exceptionally strong IPO and M&A markets, hedge funds, venture capitalists, private equity firms and corporate investors are committing more time and money into privately held medical devices companies, according to a new…
Hertz Orders 100,000 Teslas in Rental Market Shake-Up
[Stay on top of transportation news: Get TTNews in your inbox.] Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet, according…
Receive a Daily briefing on Hedge Fund Industry News
Learn from targeted reports
Our focused News Briefs help you stay up-to-date with any and all of your industry interests