Griffin to return another $7B in profits to Citadel investors

Ken Griffin is planning on returning $7 billion in profits to Citadel investors. The flagship Wellington fund climbed 14.8% for [Read More]
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Launch: Nick Pappas’ Faros Point Capital Management

Nick Pappas is launching Faros Point Capital with at least $200 million in assets. The London-based fund will close to [Read More]
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Endowment Trends FY2023: Challenging period as some of the largest endowments underperform benchmarks and smaller endowments

Based on preliminary indications, FY2023 was a challenging period for some of the largest endowments as they underperformed their benchmarks [Read More]
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Launch: Freestone Grove Partners raises $3.5B

Todd Barker and Daniel Morrillo, both Citadel alums, have commitments of $3.5 billion for Freestone Grove Partners which will launch [Read More]
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Fortress to acquire PineBridge’s multi-manager platform

Fortress Investment Group is buying PineBridge Investments’ multi-manager hedge fund platform.  The platform, which will be renamed Fortress Multi-Manager Group, [Read More]
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