-
Well-Known Hedge Fund Manager Takes On Challenge Of Brewing Beer In Economically Devastated Lebanon
Monday, July 10, 2023 - 5:09am | 415Read More...Philippe Jabre, a well-known hedge fund manager, has taken an unexpected turn in his career by buying back his family business, Brasserie Almaza, a brewery established by his grandfather 90 years ago. Jabre, once a prominent figure in Europe’s hedge fund trading scene, is now the third-...
-
Alameda Research Hunts For $700M After FTX's Celebrity And Politico Access Fiasco
Friday, June 23, 2023 - 11:00am | 528Read More...Alameda Research, the hedge fund division of the now-bankrupt FTX (CRYPTO: FTT) group, is in pursuit of reclaiming $700 million that its founder, Sam Bankman-Fried, allegedly spent to gain access to high-profile individuals including celebrities and politicians. According to court documents filed...
-
What Are Digital Assets? Don't Ask The SEC! Definition Gets Scrapped From Final Rules
Thursday, May 4, 2023 - 3:46pm | 340Read More...The U.S. Securities and Exchange Commission (SEC) has chosen not to include its previously proposed definition of "digital assets" in the finalized hedge fund reporting rules. The agency is still considering the term and will not adopt it in the current rule, The Block reported. The SEC...
-
Former FTX Engineering Director Agrees To Plead Guilty To US Criminal Charges
Tuesday, February 28, 2023 - 1:20pm | 288Read More...Former FTX engineering director Nishad Singh has agreed to plead guilty to criminal charges brought by U.S. prosecutors as part of an investigation into the inner circle of FTX founder Sam Bankman-Fried. Bankman-Fried was charged with fraud and conspiracy in December, with...
-
Liquidators Of Bankrupt Hedge Fund Three Arrows Capital To Sell Non-Fungible Tokens To Recoup Losses
Thursday, February 23, 2023 - 2:45pm | 418Read More...The liquidators of Three Arrows Capital, a now-defunct hedge fund, have announced plans to sell some of the firm's nonfungible tokens (NFTs) as part of recovery efforts. In a notice published on Wednesday, Teneo Senior Managing Director Christopher Farmer stated "the purpose...
-
Sam Bankman-Fried Pleads Not Guilty To Fraud, Money Laundering; Judge Sets This Trial Target Date
Tuesday, January 3, 2023 - 4:26pm | 498Read More...Former FTX CEO Sam Bankman-Fried has pleaded not guilty to eight charges in a New York federal court, related to the collapse of his exchange and hedge fund Alameda Research, CNBC reported. The charges include conspiracy to commit wire fraud and securities fraud, individual charges of securities...
-
Crypto Hedge Fund Galois Capital Says Half Of Its Capital Stuck On FTX Exchange
Saturday, November 12, 2022 - 10:54am | 496Read More...The distressed cryptocurrency exchange FTX and its affiliated companies filed for Chapter 11 bankruptcy on Friday in a federal court in Delaware. FTX said bankruptcy proceedings were initiated to “begin an orderly process to review and monetize assets for the benefit of global stakeholders....
-
Automation: Manage Hedge Fund Effortlessly and Stay ahead of the Markets
Saturday, September 11, 2021 - 2:46pm | 641Read More...As the world of business continues to change, pressures from investors continue to influence industry trends. As a result of increased fees and lower margins, improving operational efficiencies becomes even more necessary. Does this have anything to do with hedge fund management and automation?...
-
A Hedge Fund Renaissance Is Coming: Here's Why
Wednesday, August 11, 2021 - 7:58pm | 1040Read More...By Jon Caplis, founder and CEO, PivotalPath Several important quantitative and qualitative indicators point to a very positive decade ahead for the hedge fund industry Many believe the golden age of hedge funds has passed. When you look at their overall performance on a simple return basis from...
-
Dave Portnoy And Steve Cohen Get Snippy Over Thursday's Trading Halts
Thursday, January 28, 2021 - 6:12pm | 592Read More...Barstool Sports Founder Dave Portnoy and hedge fund manager Steve Cohen on Thursday argued via Twitter (NYSE: TWTR) over the battle between retail traders and hedge funds. What Happened: Portnoy has spent the past few days defending the retail traders who helped send shares of stocks...
-
Fintech Focus For December 10, 2020
Wednesday, December 9, 2020 - 5:44pm | 1806Read More...Quote To Start The Day: Two armies that fight each other is like one large army that commits suicide. Source: Henri Barbusse One Big Thing In Fintech: Stock trading app Robinhood Markets Inc has picked Goldman Sachs to lead preparations for an initial public offering (IPO) which could come next...
-
Ray Dalio Reveals How He Made Bank On A 'Lucky' Trade At Age 12
Tuesday, June 5, 2018 - 12:14pm | 380Read More...Sometimes the best stock tips comes from unexpected sources at unexpected times and still require a good amount of luck. Just ask multibillionaire hedge fund manager Ray Dalio. What Happened Dalio, co-founder of Bridgewater and author of "Principles," explained to the Reddit community...
-
Ray Dalio To The Reddit Community: 'Think For Yourself'
Monday, June 4, 2018 - 2:06pm | 515Read More...Notable hedge fund manager Ray Dalio of Bridgewater Associates, the author of The New York Times bestseller "Principles," graced the Reddit community with his wisdom, life lessons and investment advice. Dalio's Advice: 'Dive Into The Markets' During a recent Reddit AMA (ask-...
-
How One Cryptocurrency Hedge Fund Manager Posted 83% Gains
Friday, February 2, 2018 - 8:21am | 1039Read More...For Usman Majeed, cryptocurrency’s been the name of the game since 2011. Then a computer science undergraduate at Michigan State University, Majeed developed an affinity for blockchain technology. Now, seven years later, he’s the managing director of Mutual Coin Fund, a cryptocurrency...
-
Peltz's Activist Campaign Nears A Vote And Looking Favorable
Monday, October 9, 2017 - 9:52am | 430Read More...Activist investor Nelson Peltz's campaign against Procter & Gamble Co (NYSE: PG) will soon be decided by shareholders. Peltz made the case as to why he deserves a seat at P&G's board and the company responded with an opinion that the billionaire investor has nothing new or unique to bring...















