About $300N was spent on vacation homes in the Bahamas to be used by senior FTX executives

At today’s Delaware bankruptcy proceedings, John Bromley, counsel to FTX’s new management, said Sam Bankman-Fried ran FTX as “his personal [Read More]
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Endowment Scorecard: University of Chicago -8.8%, Amherst -10%

The University of Chicago endowment posted an 8.8% loss for FY2022 compared with a gain of 37.6% in the prior [Read More]
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Infinity Q Capital’s James Velissaris pleads guilty to securities fraud

James Velissaris, founder and former chief investment officer of Infinity Q Capital Management, pleaded guilty today to one count of [Read More]
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Man Group’s AHL to launch crypto hedge fund…FTX owes 50 largest creditors $3.1B

Man Group, which manages $138 billion in assets, is planning to launch a crypto-focused hedge fund through AHL, perhaps by [Read More]
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Sculptor Capital Management forms special committee to explore potential interest from third parties

Sculptor Capital Management (formerly Och-Ziff) announced today that its board, composed solely of independent directors, formed a special committee to [Read More]
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