PA PSERS board eliminates absolute return allocation in adjusting strategic asset allocation mix

At its August meeting, the board of trustees of the Pennsylvania Public School Employees’ Retirement System voted to adjust its [Read More]
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Och-Levin feud continues as Och group demands records in Rithm Capital selection process

Dan Och and four former founding executives are demanding that Sculptor Capital Management show its board meeting minutes, recordings and [Read More]
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Hedge funds added more Nvidia stock, in absolute terms, to their portfolios than any other AI-related stock this year…Earnings release tomorrow

Year-to-date through August 21, Nvidia stock has soared 221.47% – making it the biggest beneficiary of the AI boom. Over [Read More]
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SEC to vote on Wednesday on sweeping regulatory reform…Most significant reform since Dodd-Frank in 2010

The Securities and Exchange Commission will vote on Wednesday on sweeping regulatory reform that will significantly impact hedge funds, private [Read More]
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Sculptor rejects bid from group led by Boaz Weinstein

A group of large hedge fund managers, led by Saba Capital’s Boaz Weinstein, bid more than $12 a share for [Read More]
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