DE Shaw sends letter to employees about firing Daniel Michalow…Michalow fights back

DE Shaw fired senior discretionary macro group portfolio manager Daniel Michalow for inappropriate behavior in March. He had been with [Read More]
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Soroban closing Master Fund…Kapaida to start family office

Soroban co-founders Eric Mandelblatt and Gaurav Kapadia are going their separate ways. Soroban Master Fund, the oldest fund which has [Read More]
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Funds of funds – an obsolete term?

Because the term “fund of funds” has negative connotation, other terms are increasingly being used such as “manager of managers,” [Read More]
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Regulatory talks focus on Ether classification today…. Buffett calls Bitcoin rat poison

Senior regulators from the SEC and CFTC are holding talks today  to determine whether Ether, the second largest cryptocurrency, should [Read More]
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Goldman Sachs to start Bitcoin trading operation in the next few weeks

Goldman Sachs is moving ahead with plans to set up the first Bitcoin trading operation at a Wall Street bank. [Read More]
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