After the IEA announcement, Brent climbed more than 5% to $92.30

The International Energy Agency has announced it is launching its largest-ever release of emergency oil stocks in its history – [Read More]
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More managers suffer losses during Iranian conflict

Managers are having a difficult time navigating the Iranian turmoil caused by the US and Israeli strikes on Iran. Crude [Read More]
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57 hedge funds on Forbes Billionaires List

Forbes unveiled its annual world’s billionaire list. Of the 3428 people on the list, 57 are current or retired hedge [Read More]
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Multi-manager hedge funds suffering losses in Iranian turmoil

Ken Griffin’s Citadel Wellington flagship fund lost 2% last week and is marginally positive for the year while Michael Gelband’s [Read More]
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Bill Ackman’s latest IPO looks to raise up to $10B for hedge fund and new closed-end fund

Bill Ackman has filed for an initial public offering for Pershing Square on the New York Stock Exchange. He plans [Read More]
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