A former Point72 exec's new data startup hopes to strip away big funds' deep-pocketed advantage
The new venture raised $55 million from investors such as Michael Kives' K5 Global and Jim Pallotta's Raptor Group.
Hedge Funds
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$20 billion Rokos defies the market volatility that has stung big-name funds this month
Chris Rokos' $20 billion fund has had a strong month.
$8 billion hedge fund Whale Rock is off to a rough start this year after soaring in 2024. Its founder says volatility 'comes with the tech territory.'
"Humility is an important aspect of this," Whale Rock founder Alex Sacerdote said about investing on a recent podcast.
4 scenarios when it's a smart idea to extend your tax filing deadline to October
Taxpayers have the option to request a tax extension, which gives you six additional months to file your taxes.
Lone Pine 2.0: How the $18 billion Tiger Cub has changed since Stephen Mandel Jr.'s retirement
The firm's co-CIO Kelly Granat gave a rare interview on Patrick O'Shaughnessy's podcast.
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March is off to a painful start for big-name hedge funds
Early monthly returns for large multistrategy firms Millennium and Point72 show industry-wide pain thanks to market volatility.
How the biggest hedge funds did in a volatile February
Hedge fund giants Citadel, Point72, and Millennium lost money in February. Here's the scorecard for some of the most popular multistrategy funds.
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Balyasny is closing its Madrid office after cutting its only portfolio manager based there
The fund is up 3.5% on the year through the first two months of 2025.
Hedge funds' biggest names — Ken Griffin, Steve Cohen, and Izzy Englander — were stung in a tough February
Markets were rocky last month thanks to geopolitical tensions, and some of the biggest funds in the industry lost money.
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Ex-Elliott portfolio manager Mark Wills launched a commingled fund — something new hedge funds have been struggling to do
Cisu Capital, based in London, is one of several new hedge funds to come from alums of Paul Singer's Elliott Management.
The gap between hedge fund haves and have-nots is wider than ever
One manager, Steve Cohen's Point72, has a waitlist of $9 billion to get into its funds.
Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work
In a rare interview, the Elliott Management founder Paul Singer talked about the hedge fund's activism, market risks, and advice for young people.
Hedge funds are trimming their Magnificent 7 holdings. Here's what they're buying instead
Hedge funds are making some adjustments to their tech-investing playbook.
Brace for slower growth and a 'significant correction,' says billionaire Steve Cohen
Point72's Steve Cohen said he's "pretty negative" on the impact of tariffs, lower immigration, government spending cuts, and inflation on the economy.
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Paloma Partners, best known for backing D.E. Shaw, pulls $600 million from hedge funds to meet investor redemptions
The hedge fund Paloma Partners is drumming up cash to meet redemptions, including divesting from the buzzy quant fund Aquatic Capital.
A hedge funder shares his precise strategy for finding high-upside meme coins, and lays out his bets for 2025
The Meme Street trader watches key order flows and uses technical analysis to enter and exit positions.
Big-name managers are piling into adtech stock AppLovin, the newest hedge fund hotel
The company's stock is up more than 1,200% since the start of 2024.
A Druckenmiller protégé who returned 22% last year lays out why now is the time to put money in China
Beeneet Kothari runs the $1.2 billion hedge fund Tekne Capital, which is based in New York and has a team working in China as well.
Anatomy of a deal: What goes into a $50 million hedge fund portfolio manager hire
The mechanics of a PM deal are complex. Contracts are increasingly nuanced and bespoke, including caveats and clawbacks.
Ken Griffin thanks Elon Musk for DOGE's work — but is frustrated with the administration's 'bombastic' tariffs stance
"Tariffs are what you do in the death throes of a nation," Griffin said at a conference outside Miami.