Fahad Ghaffar sues John Paulson for $50M for alleged fraud

  Fahad Ghaffar is suing his long-time business partner, John Paulson, for $50 million. He is claiming breach of contract [Read More]
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Sightings…

Bobby Jain, the former chief investment officer of Millennium Management, is gearing up for the 2024 launch of Jain Global. [Read More]
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Sightings….

Steve McDonald, who had been a director in the Bank of Nova Scotia’s treasury group, is joining Polar Asset Management’s [Read More]
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Wilshire Alternative Equity Hedge leads for the year with a 7.44% gain

The Wilshire Liquid Alternative Index slipped 0.29% in August, erasing the year-to-date gain to 3.15%. Only two of the liquid [Read More]
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Use of Artificial Intelligence in the Hedge Fund Community

Hedge funds, particularly quantitative managers, have been using machine learning and other AI tools for decades.  Some have invested heavily [Read More]
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