Cooperman takes 2% stake in Manchester United

Retired hedge fund manager Leon Cooperman has taken a stake in Manchester United, the football team. According to a recent [Read More]
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Two roadblocks removed for Thursday’s shareholder vote on Rithm’s takeover of Sculptor Capital Management

On Thursday, Sculptor Capital Management shareholders will vote on Rithm Capital’s acquisition. Two lawsuit challenges have been removed, paving the [Read More]
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Johnson Associates predicts hedge fund bonuses will range from -5% to +5%

Johnson Associates’ survey finds that Wall Street bonuses will, on average, be flat or down in 2023 compared with 2022. [Read More]
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AM Best: Insurers’ hedge fund holdings shrank by 9.9% last year

AM Best’s special report, “Book Value of Insurers’ Hedge Fund Investments Declines,” discloses that insurers’ hedge fund holdings shrank by [Read More]
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Closing: Trikon Asset Management

Hong Kong-based Trikon Asset Management is shutting down after five years. Gaurav Grover is not retiring but taking some time [Read More]
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