Elliott sues LME for $456M in nickel trade

Elliott Associates and Elliott International have sued the London Metal Exchange for $456 million for its suspension and cancellation of [Read More]
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Performance Round-Up: Funds specializing in tech and biotech take beating in May

Hedge funds that heavily invested in technology and biotechnology are disclosing large losses in May. The S&P 500 was flat [Read More]
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Bill passes that allows NY-based public pensions to increase alternative investment allocations up to 35%

The New York General Assembly approved a bill on Tuesday that would allow the eight New York-based public pension funds [Read More]
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Tiger Global cuts management fees, creates side pockets for investors who want to redeem

Chase Coleman’s Tiger Global tanked another 14.2% in May, pushing year-to-date losses to -52%. According to an investor letter, the [Read More]
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State of Hawaii Employees’ Retirement System CIO Elizabeth Burton discusses hedge funds

Elizabeth Burton joined the State of Hawaii Employees’ Retirement System as chief investment officer in October 2018. She had previously [Read More]
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