Element Capital pushing out some investors as it tries to reduce assets to $8.5B

At the start of the year, Element’s assets were at $12.6 billion which it deemed as too large and contributing [Read More]
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Bankman-Fried to be arraigned on new 13-count indictment – includes bribing Chinese officials

The new 13-count indictment against FTX co-founder Sam Bankman-Fried charges him with conspiring to bribe one or more Chinese government [Read More]
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Closing: Mass Ave Global shuts China and Asia-focused funds, close Hong Kong office

New York-based Mass Ave Global is shutting down its China and Asia-focused funds as well as closing its Hong Kong [Read More]
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CFTC sues Binance, CEO Changpeng Zhao and other executives

The Commodity Futures Trading Commission sued Binance, the world’s largest crypto exchange, and executives including chief executive officer Changpeng Zhao, [Read More]
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Goldman Sachs: Hedge funds cut exposure to US banking stocks to almost a 10-year low

In its prime services weekly report, Goldman Sachs finds that hedge funds have cut their exposure to US banking stocks [Read More]
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