I am an active tech investor and have been both chair and a non executive director in a number of UK tech start-ups with a major focus on scale-up and achieving global impact. I am also an entrepreneur and a former chief executive of Imagination Technologies, a British tech company backed by Herald Investment Trust. […]
After seven long and winding years of litigation targeting large hedge fund firms for allegedly mismanaging more than $1 billion of Kentucky’s retirement pension system, the defendants have come to a settlement agreement with the state. Under the terms of the proposed settlement agreement reached last week and filed as a motion in Franklin Circuit […]
FRANKFORT, Ky. (WBKO) – A long-running lawsuit with major hedge funds over the management of Kentucky pension systems has been settled. Kentucky Attorney General Russell Coleman made the announcement today. As a result of the settlement, the hedge funds KKR & Co., Prisma Capital Partners, The Blackstone Group and Pacific Alternative Asset Management agreed to […]
One of the more intriguing storylines from hedge fund land last year was that BlackRock is in talks with Izzy Englander to buy a stake in his $72bn hedge fund, Millennium. On the face of it, it seemed weird. Really weird. BlackRock is all about industrial scale, and while Millennium is a giant of the […]
Bridgewater Associates cut 7% of staff, or about 90 people. The hedge fund, which manages $172 billion, is known for its radical transparency and high turnover. The company last laid off people in 2023 to cut costs and free up resources Bridgewater Associates cut 7% of its staff on Monday in an effort to stay […]
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on […]
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Israel Englander‘s Millennium Management has made sweeping adjustments to its portfolio, including a remarkable 91,046.15% increase in Alibaba Group Holding Ltd. (NYSE:BABA) call options and a 94.69% increase in Broadcom Inc. (NASDAQ:AVGO) direct holdings, according to its third […]
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on […]
As the moderator for the ‘Alpha Generators: Uncovering Asia’s Best Emerging Talent’ panel at iConnections Global Alts Asia 2024, I had the privilege of facilitating a discussion on the opportunities and challenges in Asia’s hedge fund market. Against the iconic backdrop of Marina Bay Sands in Singapore, the session brought together leading allocators and fund […]
While many are still celebrating the stock market’s stellar 2024, the smart money on Wall Street has already shifted to a defensive mode at the turn of the calendar. Hedge funds were net sellers of U.S. stocks in each of the five sessions from Dec. 27 to Friday Jan. 3, dumping shares at their fastest […]
admin 
